Tariff Increases for 2016
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PRESS RELEASE Tariff increases for 2016 Turin, 1 January 2016 From 1st of January 2016 it will be applied tariff increases for 2016. On the back of the Interministerial Decrees issued by the Ministry of Infrastructure (MIT) and by the Ministry of Economy (MEF) tariff increases for the stretches managed by SIAS Group will be the followings: For the stretch Satap A4 Torino-Milano, whose Financial Plan is approved, it will be applied 6.5% tariff increase; For Tangenziale Esterna di Milano it will be applied 2,1% tariff increase; For Autostrada Torino Ivrea Valle Aosta (Ativa), it will be applied 0,03% tariff increase; For all the other stretches managed by SIAS Group – and in particular Autostrada Satap A21 Torino- Piacenza, Autostrada A6 Torino-Savona (ATS), Autostrada A10 Savona-Ventimiglia (ADF), Autostrada A12 Livorno-Sestri Levante (SALT), Autostrada A15 Parma-La Spezia (CISA) and Autostrada A5 Quincinetto- Aosta (SAV) – whose Financial Plans (PEFs) are under review by the competent Ministries, tariff increases are provisionally suspended waiting for the approval of the above mentioned PEFs. It is noted that: (i) MIT will require by the 1st February 2016 the registration to CIPE of the proposed PEFs for its opinion and (ii) tariff increases for 2016 will be set definitively with Interministerial Decrees for the approval of the above mentioned financial plans and will be immediately applicable. The recover of the missing tariff increase for the period between 1st of January 2016 and the date of enactment of the Decrees of approval of the PEFs will be recognised with the approval of 2017 tariff increases. SIAS – Società Iniziative Autostradali e Servizi S.p.A. Via Bonzanigo , 22 – 10144 Turin (Italy) Phone (011) 43.92.102 – Telefax (011) 47.31.691 [email protected] Website: www.grupposias.it PEC: [email protected] Investor Relations e-mail: [email protected] tel.: +39 011 4392133 Media relation: Giovanni Frante [email protected] Moccagatta associati Tel. 02 86451695 / 02 86451419 [email protected] .