Avio

Share Issue/Capital Change

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INFORMATION ON SHARE CAPITAL

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The composition of the fully paid-up share capital of Avio S.p.A. is as follows:

	Current Share Capital
	Euro	N. Shares	Unit Value
Total of which :	90,964,212.90	26,359,346	Without nominal value
Ordinary shares (listed on the MTA / STAR Segment)	90,964,212.90	26,359,346	Without nominal value

	N. remaining warrants
Avio Sponsor Warrants	800,000
(not listed)

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