CORPORATE PROFILE OF AUTOSTRADA TORINO MILANO S.P.A.

The company (originally called S.A. Autostrada Torino-Milano) has been established since 28 November 1928 for the purpose of constructing a motorway between the cities of Turin and Milan. On 30 November 1929 a ministerial convention was stipulated authorizing the construction and operation. After a 30 months construction period, the motorway was inaugurated on 25 October 1932.

The company was listed on the Turin Stock Exchange on 19 June 1969, followed by the Milan Stock Exchange on 25 February 1970.

Over the years the company has significantly extended the network managed, notably under the management of the Gavio Group.

In February 2002, following the spin-off of ASTM S.p.A., SIAS - Società Iniziative Autostradali e Servizi S.p.A. was formed, also listed on the Stock Exchange, to control the equity investments in concession operators located primarily along the Tyrrhenian corridor.

On 1 January 2004, ASTM S.p.A. moved to SATAP-Società Autostrada Torino-Alessandria-Piacenza S.p.A. (a 99.50% subsidiary) the concession for the Torino-Milano motorway.

During 2007 has been concluded the first phase of the re-organisation programme; as such all the motorway companies has been concentrated in the SIAS Group.