New shareholder - Autostrade per l`Italia S.p.A.

Report No. 4

The Management Board of Stalexport Autostrady S.A. informs, that on 21 January 2008 Stalexport Autostrady SA received the notices from the companies: Atlantia S.p.A. and Autostrade per l`Italia S.p.A. both with seat in Rome, informing that on 18 January 2008, as a result of contributing of the non-monetary deposit of 139.059.182 shares of Stalexport Autostrady SA to its subsidiary, Autostrade per l`Italia S.p.A. with seat in Rome, the shares were taken up by Autostarde per l`Italia. Before the acquisition of the shares, Autostrade per l`Italia S.p.A. wasn`t the shareholder of Stalexport Autostrady SA.

As a result of the acquisition Autostrade per l`Italia possesses the shareholding of 139.059.182 shares and such number of the votes on General Meeting of the Shareholders of Stalexport Autostrady SA. The shares possessed by Autostrade per l`Italia constitute totally 56,24% of Stalexport Autostrady`s capital and such the same share in the proportional number of the votes on General Meeting of Shareholders of Stalexport Autostrady SA.

Within the 12 months from the date of the present notice, Autostrade per l`Italia doesn`t intend to increase its share in the capital of Stalexport Autostrady S.A.