Half-year results presentation as at 30 June 2006

• Value of production at EUR 28.75 million up 10.21% YoY
• Gross Operating Margin (EBITDA) at EUR 18.30 million up 10.28% YoY
• Operating Result (EBIT) EUR 57.72 million up 88.50% vs 1H05
• Net profit at EUR 32.81 million up 84.69% YoY
• IGD signed the closing fot the acquisition of Centro SARCA Shopping Mall in Sesto San Giovanni (Milan).

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