At December 31 2010 the position of guarantees and commitments was the following:
- A guarantee of € 157.2 million issued to banks on behalf of CIR International to cover note issues.
For the incentive plans for directors and employees, CIR has undertaken together with Verbund, to buy back any shares of Sorgenia S.p.A. resulting from the exercise of options by employees who are beneficiaries of stock option plans outstanding as of December 31 2010.