Campari Group

Milan, 11 December 2012 – Davide Campari-Milano S.p.A. (‘Campari’) today announced the successful completion of Campari’s cash tender offer, commenced through its wholly-owned subsidiary Campari España S.L. for all issued and outstanding ordinary shares and preferred shares of Lascelles deMercado & Co. Limited (‘Lascelles’). The tender offer was made pursuant to an Offer Circular, dated 8 November 2012, and the Jamaica Takeovers and Mergers Rules and Regulations and other applicable requirements. Campari first announced this transaction on 3 September 2012.

The offer period expired at 4:30 p.m., Jamaica time, on 10 December 2012. 94,639,100 ordinary shares of Lascelles (approximately 98.6% of the issued ordinary shares) and 59,727 preferred shares of Lascelles (approximately 99.5% of the issued preferred shares) have validly accepted the offer and will be submitted for payment. The total value of the shares acquired through the offer is approximately USD 409 million (or approximately € 316 million at the exchange rate on the offer closing date).

Campari intends to exercise its right pursuant to a statutory process under Jamaica law to acquire all the remaining shares, including from those shareholders who have not accepted the offer. The Purchaser also intends to delist Lascelles shares from the Jamaican Stock Exchange.