IN ACCORDANCE WITH art. 154 BIS OF D. LGS 58/98

 

 

 

 

 

1.    The undersigned Rodolfo De Benedetti, as Chief Executive Officer, and Alberto Piaser, as Officer responsible for the preparation of the accounting and corporate documents of CIR S.p.A., do hereby certify, taking into account even the terms of Art. 154-bis, paragraphs 3 and 4, of Legislative Decree no. 58 of February 24 1998:

 

-         that the administrative and accounting procedures for the preparation of the Statutory Financial Statements during financial 2010 were adequate in relation to the size and nature of the business and

-         that they were effectively applied.

 

2.       On this subject no aspects emerged that needed to be notified.

 

3.       It is also certified that the Statutory Financial Statements:

 

-          were prepared in conformity with the international accounting standards recognized by the European Union according to the terms of Regulation (EC) No. 1606/2002 of the European Parliament and of the Council, of July 19 2002;

-          correspond to the results of the books and the general ledger;

-          are suitable to give a true and fair representation of the equity, economic and financial position of the issuer.

 

The Report on Operations includes a reliable analysis of performance and of the result of operations as well as the position of the issuer together with a description of the principal risks and uncertainties to which it is exposed.

 

 

 

 

Milan, March 10 2011

 

 

 

 

             Signed by                                                                                                                 Signed by

   Rodolfo De Benedetti                                                                                      Alberto Piaser       

 Chief Executive Officer                                                                                        Officer Responsible