Cembre S.p.A. reported consolidated earnings results for the first quarter ended March 31, 2013. In the first three months of 2013, consolidated revenues declined 1.7% on the first quarter of 2012, from EUR 26.1 million to EUR 25.7 million. Consolidated gros operating profit (EBITDA) declined 7.9% from EUR 5.3 million to EUR 4.9 million. Consolidated operating profit (EBIT) amounted to EUR 3.9 million against EUR 4.5 million reported last year. Consolidated profit before taxes was equal to EUR 3.8 million against EUR 4.3 million reported last year. Net profit was EUR 2.3 million against EUR 2.6 million reported last year. Capital expenditure made in the quarter amounted to EUR 2.3 million, down slightly on the corresponding period in 2012 when it amounted to EUR 2.5 million. The company expects to close 2013 reporting a slight increase in sales and an improvement in the net financial position.

Cembre S.p.A. announced consolidated and parent earnings results for the year ended December 31, 2012. On consolidated basis for the year, the company reported total revenues of €104,619,000 against €103,546,000 a year ago. Operating profit was €16,390,000 against €17,291,000 a year ago. Profit before taxes €16,290,000 against €17,389,000 a year ago. Net profit from ordinary activities was €11,539 million against €1,400,000 a year ago. Net profit was €11,539,000 or €0.68 per basic and diluted share against €11,400,000 or €0.67 per basic and diluted share a year ago. Net cash flow from operating activities was €11,530,000 against €9,442,000 a year ago. Capital expenditure on fixed assets: intangible was €597,000 against €418,000 a year ago. Capital expenditure on fixed assets: tangible was €12,591,000 against €16,183,000 a year ago. On parent basis, for the year, the company reported total revenues of €80,397,065 against €81,244,823 a year ago. Operating profit was €10,926,962 against €12,756,008 a year ago. Profit before taxes €12,059,684 against €13,701,460 a year ago. Net profit from ordinary activities was €8,909,430 against €9,196,485 a year ago. Net profit was €8,909,430 or €0.52 per basic and diluted share against €9,196,485 or €0.54 per basic and diluted share a year ago. Net cash flow from operating activities was €10,864,044 against €8,304,621 a year ago. Capital expenditure on fixed assets: intangible was €582,089 against €413,047 a year ago. Capital expenditure on fixed assets: tangible was €11,609,004 against €14,666,655 a year ago. The board of directors also resolved to propose to the ordinary shareholder’s meeting called on April 29, 2013, the distribution of a 0.16 dividend for each of the shares in circulation. The ex- dividend date is May 20, 2013, while dividends will be paid out from May 23, 2012 against the presentation of coupon no. 16. The shareholders' meeting will also be required to resolve on proposed amendments to the By-laws. The company also proposed amendments to the By-laws to the ordinary shareholder’s meeting to be held on April 29, 2013.

Cembre S.p.A., Annual General Meeting, Apr 29, 2013. Agenda: To consider the proposal of dividend payment.