The Board of Directors of Cartiere Ermolli has recently made available our final financial results for 2010. Strong sales resulted in growth with a positive Net Profit. We are therefore confirming the strengthening of our financial results, notwithstanding uncertainty linked to the continued increase of production costs relation especially to the costs of raw materials for the past and energy.

We also confirm our desire to follow responsible rules of behaviour from a social and ethical point of view and adopt a correct corporate conduct with regard to the environment.