Sator S.p.A. and Sator Capital Limited have announced the appointment of Mario Frontini and Sam Myhrman as Chief Investment Officer and Research Analyst, respectively, of the public equity funds of the Sator Group. Mario has developed an extensive experience in the international asset management industry, having worked for 11 years at Fidelity International in London, initially as an analyst and for the last six years as a portfolio manager in European and Global Equities, where he managed over US$4 billion of assets in European and Italian equities. Over the years, Mario has achieved an excellent track‐record with significant outperformance, and was ranked among the best European fund managers. Sam worked together with Mario at Fidelity International as sector analyst for four years.

Mario and Sam will join the Sator public equity team, working alongside Cesare Colombo, Head of Research, Stefano Giuliani, Giovanni Gennaro and Alberto Poggiano. As of 31 December 2009, Sator Public Equity Value Fund, the Group’s main public equity fund, was up 61.4% for the year and up 16.4% since inception in May 2008.

Matteo Arpe, CEO of Sator S.p.A., commented as follows: “I am delighted to welcome to Sator two such experienced and well‐known professionals who will complement a team that has been performing extremely well in a testing market environment. I am confident that together they will deliver the best results for our investors.”

Mario Frontini commented the following: “I am very pleased to join, together with Sam, a successful and entrepreneurial venture such as Sator, to support the expansion of the Group’s asset management activities in London, where I can bring my experience and work along an excellent team with a proven track‐record.”