Governance SEAT PG Share Capital Increase

Independent Auditors

Remuneration to the Independent Auditors and entities in their network

Within the meaning of art. 149-duodecies of the CONSOB Issuer Regulation (resolution 11971/1999 as amended), fees in respect of audit and other services for the financial year 2008 provided to the SEAT Pagine Gialle S.p.A. by Reconta Ernst & Young and the entities in its network are detailed below.
The Annual Financial Statements for 2008 of SEAT Pagine Gialle S.p.A. were audited by Reconta Ernst & Young S.p.A. under the mandate given to them by the Shareholders’ Meeting on 27 April 2006 for the periods 2006-2011 in accordance with the Combined Act on financial intermediaries (Legislative Decree 58 of 24 February 1998).
The remuneration for the audit of the Financial Statements for 2008 and for examination to ensure the accounts have been properly kept was € 135 thousand and that for the Consolidated Financial Statements of the Group € 29 thousand. The cost of the limited-scope audit of the Consolidated Interim Financial Statements for 2008 of SEAT Pagine Gialle was € 36 thousand. Reconta Ernst & Young S.p.A. was also instructed (total remuneration € 142 thousand) to i) carry out the quarterly audits required under the securitisation contracts, ii) provide certification in favour of the holders of Lighthouse International Company S.A. notes iii) issue a comfort letter for “Senior” debt covenants. Mandates were also conferred on entities connected with Reconta Ernst & Young S.p.A. worth € 247 thousand, of which € 237 thousand for the valuation of the holding in the TDL Infomedia group and € 10 thousand for tax advice.


Last Update: Wed 08 Sep 2010 | 02:46 PM