DeA Capital : Notification of share buyback

DEA CAPITAL S.P.A.: NOTIFICATION OF SHARE BUY BACKMilan, 23 January 2017 - DeA Capital S.p.A. informs that, in the period between 16 and 20 January 2017 the Company bought on the Milan Stock Exchange, pursuant to the resolution passed at the Shareholder's Meeting held on 21st April 2016 (previously communicated as per Art. 144 bis of Consob regulation 11971/1999), n. 37,650 ordinary shares (corresponding to 0.012% of the Company's share capital) at an average price of Euro 1.2252 per share, for a total of Euro 46,127.81.

Details of all buyback transactions on the MTA (Italian Equity Market) in the period between between 16 and 20 January 2017 are enclosed.

The aggregate transactions on a daily basis are indicated below:

Date	Volume	Average Price (Euro)	Amount (Euro)
16-Jan-17	8,500	1.2375	10,518.75
17-Jan-17	7,700	1.2221	9,410.17
18-Jan-17	6,000	1.2239	7,343.40
19-Jan-17	6,250	1.2178	7,611.25
20-Jan-17	9,200	1.2222	11,244.24

Following the transactions, DeA Capital S.p.A. holds n. 45,701,347 own shares, equivalent to

14.905% of the share capital.

DeA Capital S.p.A. - Investor Relations Anna Majocchi Tel. [phone] [e-mail]

De Agostini S.p.A. Press Office Elena Dalle Rive Tel. + 39 02 62499592 / 335 7835912 [e-mail]

For further information, please contact:

DeA Capital (www.deacapital.it). DeA Capital S.p.A., a De Agostini Group company, is one of Italy's largest alternative investment companies. The Company, which operates in both private equity investment and alternative asset management, has EUR 10.8 billion assets under management and is listed in the STAR (mid-cap) segment of the Milan stock exchange.