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28 Sep 2018

YM&U joins forces with Trilantic Europe following rebrand

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

24 Jul 2018

Gamenet Group signed the agreement for the acquisition of 100% of GoldBet

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

15 Dec 2017

Trilantic Europe invests in the Oberberg Group

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

6 Dec 2017

Gamenet Group completed the listing on Borsa Italiana

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

4 Dec 2017

Elisabetta Franchi purchases 25% of Betty Blue S.p.A. from Trilantic Europe

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

2 Nov 2017

Talgo shortlisted for HS2 rolling stock procurement

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

1 Jun 2017

Trilantic Europe invests in leading bioethanol business in Spain and France

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

7 Apr 2017

Trilantic Europe becomes a shareholder in Pacha Group

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

28 Nov 2016

Talgo wins the most important high-speed tender in Europe with its new Avril, the most advanced high-speed train

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

24 Feb 2016

Trilantic Europe Invests In Maugeri, Leading Italian Non-Acute Private Hospital Operator

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

13 Oct 2015

Trilantic Europe completes acquisition of 90% stake in leading Italian pharmaceuticals producer Doppel Farmaceutici

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

1 Jul 2015

Trilantic Europe raises €900 million

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

1 Jul 2015

IPO of Trilantic Europe IV’s portfolio companies, Talgo and Euskaltel

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

26 Mar 2015

Prettl and Trilantic Europe announce a partnership agreement

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

14 Jan 2015

Trilantic Capital Partners has realised its investment in Clarion Events

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

17 Oct 2013

Trilantic acquires stake in Elisabetta Franchi

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

16 Sep 2013

Gamenet successfully issues €200mn in its debut bond offering

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

26 Jun 2013

Spain's Talgo Awarded €482 million Contract In Kazakhstan

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

20 Nov 2012

Trilantic Europe exits Istanbul Doors Group, owner of the leading restaurants in Istanbul and Tom Aiken’s restaurants in London

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

14 May 2012

Marex Spectron to acquire Schneider Trading Associates Pro-Trader Division

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

12 Dec 2011

Talgo manufacturing facility opens in Kazakhstan

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

26 Oct 2011

Talgo awarded the High-Speed Mecca-Medina mega-contract

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

12 Apr 2011

Michel Léonard joins Trilantic Capital Partners as operating partner

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

24 Mar 2011

The Istanbul Doors Restaurant Group Acquires the Restaurant Business of Michelin-Starred Chef Tom Aikens

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

22 Mar 2011

Marex Group Reaches Agreement to Acquire Spectron Group

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

14 Feb 2011

Appointment of John Danilovich to Trilantic European Advisory Council

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

17 Jan 2011

Refresco Group Announces its Intention to Acquire Spumador

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

14 Jan 2011

Trilantic Capital Partners commits up to €50 million in LeYa

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

7 Jan 2011

Trilantic Capital Partners to Invest €53 million in Gamenet

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

11 Nov 2010

Talgo is awarded the contract to renew and expand the intercity passenger train coaches of the national railway company of Kazakhstan

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

28 Jul 2010

Thai Union Frozen Products Board of Directors Approves Acquisition of MW Brands from Trilantic Capital Partners

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

10 Feb 2010

Trilantic Capital Partners has Successfully Realized its Ownership Stake in Industria de Turbo Propulsores S.A.

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

24 Sep 2009

Talgo: Spanish Minister of Transportation to Support Talgo in its Internationalization

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

17 Jul 2009

Talgo: Governor Doyle Announces Agreement with Talgo to Bring New Trains, Assembly and Maintenance Facilities to Wisconsin

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

16 Jul 2009

Istanbul Doors: Company Receives a Special Award at the Retailer Awards Recently Held in Istanbul

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

9 Apr 2009

Istanbul Doors: Group Launches New Italian Restaurant Concepts

Gamenet successfully placed €200mn of its senior secured notes due 2018 in its debut bond offering through UBS and Credit Suisse as global coordinators and joint bookrunners, and UniCredit AG and Banca IMI as joint bookrunners. The 5 year bond maturing in August 2018 is B+/B1 rated, yields 7.25% and was sold at par, reflecting the conservative leverage and the strong fundamentals of Gamenet.

“Proceeds will be used to refinance debt, including shareholder loans, and for general corporate purposes. As a result of the refinancing, the company moves to an all-bond capital structure, with a robust balance sheet with approximately 1.2x net debt to EBITDA.”

Gamenet is the third largest gaming company in Italy based on total bet and distribution network, with €6.4 billion in bet collected in 2012 across a network of approximately 13,000 points of sale. In particular, Gamenet is the second largest concessionaire in the video lottery terminal (‘‘VLT’’), one of the most attractive segments of the Italian gaming market, and slot machines/amusement with prize machine (‘‘AWP’’) gaming segments, based on total bet collected and number of rights held.”

In the 12 months ended on 31 March 2013, Gamenet generated €641.6 million of revenues, €81.7 million EBITDA and €23.2 million of Net Income.

Trilantic Capital Partners ('Trilantic') controls a 91% fully diluted participation in Gamenet. Trilantic invested in Gamenet in November 2010, making a significant add-on investment in 2011 to fund the company’s growth strategy in the VLT sector. A dedicated Trilantic team managed the Company for the first 1.5 years of investment, and together with the new CEO and the rest of management brought on board, successfully converted a concession/ contract business into a fully operational leader in the Italian gaming sector.

About Trilantic Capital Partners

Trilantic Capital Partners is a private equity firm focused on control and significant minority investments in North America and Europe with primary investment focus in consumer, energy, financial and business services. Trilantic was formed in 2009 by the former principals of Lehman Brothers Merchant Banking, where they created a strong track record of investing in and building successful growth businesses. Trilantic currently manages four institutional private equity funds with an aggregate capital commitment of $5.9 billion. For more information, visit www.trilantic.com.

Copies of this announcement are not being made and may not be distributed or sent into the United States, Canada, Australia or Japan.

This announcement is not an offer for sale of securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Gamenet S.p.A. does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.

This communication does not constitute an offer of the Securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the Securities. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom; (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”), or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.

This press release does not constitute an offer of the Securities to the public in Italy. The Notes will be offered in Italy only to qualified investors (investitori qualificati) as referred to in Article 100 of the legislative decree no. 58 of 24 February 1998, as amended (the 'Italian Financial Act') and Article 34-ter paragraph 1(b) of CONSOB Regulation No. 11971, May 14, 1999, as amended (the “Issuers Regulation”) and will not be listed on an Italian regulated market, therefore no documents or materials relating to the Notes have been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa (“CONSOB”). The offer of the Notes will be carried out in the Republic of Italy as an exempted offer pursuant to article 100 of the Italian Financial Act and article 34-ter, paragraph 1 of Issuers Regulation.

This press release does not constitute and shall not, in any circumstances, constitute a public offering or an invitation to the public in connection with any offer within the meaning of the Directive 2003/71/EC and amendments thereto, including Directive 2010/73/EU (the “Prospectus Directive”). The Offering will be made pursuant to an exemption under the Prospectus Directive, as implemented in Member States of the European Economic Area, from the requirement to produce a prospectus for offers of securities.

Contact

Trilantic Europe

London

35 Portman Square, London W1H 6LR, United Kingdom

Guernsey

Le Marchant Street, St Peter Port, Guernsey GY1 4HY

Luxembourg

26 Bd Royal, L-2449 Luxembourg, Luxembourg