| Date | Description | Issued Shares | Share Capital |
| 01.09.12 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,494,698 | 92,019,513.67 |
| 19.12.11 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,494,666 | 92,019,488.07 |
| 23.06.11 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,494,634 | 92,019,462.47 |
| 23.03.11 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,493,509 | 92,018,562.47 |
| 10.03.11 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,492,738 | 92,017,945.67 |
| 17.12.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,492,160 | 92,017,483.27 |
| 15.11.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,492,032 | 92,017,380.87 |
| 25.06.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,491,422 | 92,016,892.87 |
| 24.03.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,491,326 | 92,016,815.67 |
| 26.02.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,490,351 | 92,016,035.67 |
| 05.03.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,488,618 | 92,014,649.67 |
| 29.01.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,487,623 | 92,013,853.67 |
| 05.02.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,482,380 | 92,009,659.27 |
| 07.01.10 | Capital increase after exercise of the "WARRANT TISCALI S.P.A. 2009 - 2014" | 1,861,473,919 | 92,002,890.47 |
| 18.11.09 | Rights issue | 1,799,819,371 cum warrant | 1,861,473,919 |
| 14.09.09 | Reverse stock split 10:1 | - | 61,654,548 |
| 11.09.08 | Capital increase reserved for the conversion of the EUR 60 million convertible bonds underwritten by Management&Capitali | 42,339,442 | 616,545,485 |
| 28.02.08 | Share Capital increase under Option | 149,792,880 | 574,206,043 |
| 26.09.06 | Capital increase reserved for the reimbursement of ‘Equity Linked Bond’ (209,5 Million Euros) | 27,675,034 | 424,413,176 |
| 22.06.05 | Capital increase subscribed by Neue Medien Ulm Holding GmbH | 3,500,000 | 396,738,142 |
| 30.12.04 | Capital increase subscribed by Société Générale | 18,400,000 | 393,238,142 |
| 09.09.04 | Capital increase subcribed by way of contribution in kind of a credit of Simon Luel (as a representative of Mr. Jean Philippe Iliesco De Grimaldi) | 919,378 | 374,838,142 |
| 16.06.04 | Capital increase subscribed by way of contribution in kind of a credit of Via Net.Work UK Ltd. | 1,060,249 | 373,918,764 |
| 24.02.04 | Capital increase subscribed by way of contribution in kind of the entire share capital of Eunet EDV und Internet Dienstleistungs AG | 3,604,899 | 372,858,515 |
| 17.02.04 | Capital increase subscribed by way of contribution in kind of the entire share capital of Home.se AB | 333,189 | 369,253,616 |
| 31.07.03 | Capital increase subscribed by way of contribution in kind of the entire share capital of Nextra SpA | 643,950 | 368,920,427 |
| 31.07.03 | Capital increase subscribed by way of contribution in kind of a credit of Airtel Movil SA, related to the acquisition of the Spanish internet business of Vodafone. | 2,162,139 | 368,276,477 |
| 17.06.03 | Capital increase subscribed by way of contribution in kind of a credit of Wanadoo International SA related to the acquisition of the Belgian internet business of Wanadoo. | 2,290,924 | 366,114,338 |
| 23.05.03 | Capital increase subscribed by way of contribution in kind of the entire share capital of Tiscali Internet Limited | 152,380 | 363,823,414 |
| 20.05.03 | Capital increase subscribed by way of contribution in kind of a credit of VTL Inc. | 840,228 | 363,671,034 |
| 09.04.03 | Capital increase reserved to the exercise of the third tranche of the Connect Software warrant | 74,350 | 362,830,806 |
| 09.01.03 | Capital increase subscribed by way of contribution in kind of some credits related to the acquisition of a furtherstake in Quinary SpA | 1,022,321 | 362,756,456 |
| 18.07.02 | Capital increase reserved to the exercise of the second tranche of the Connect Software warrant | 74,349 | 359,455,848 |
| 17.05.02 | Acquisition of the remaining 30% Excite Italia (At Home Corporation) | 300,121 | 359,381,499 |
| 28.03.02 | Increase of share capital subscribed by Neue Medien Ulm Holding GmbH | 589,371 | 359,081,378 |
| 19.02.02 | Capital increase reserved to the exercise of the first tranche of the Connect Software warrant | 74,349 | 358,492,007 |
| 16.07.01 | Capital increase subscribed by way of contribution in kind of the entire share capital of LineOne | 5,367,668 | 358,417,658 |
| 16.07.01 | Capital increase subscribed by way of contribution in kind of the entire share capital of Planet-interkom | 4,141,758 | 352,841,990 |
| 16.07.01 | Capital increase subscribed by way of contribution in kind of the entire share capital of surfEU.com Ltd | 4,814,749 | 348,700,232 |
| 16.07.01 | Capital increase subscribed by way of contribution in kind of the remaining share capital of CD Telekomunikace | 1,043,333 | 343,885,483 |
| 22.06.01 | Capital increase subscribed by way of contribution in kind of the remaining share capital of Liberty Surf (closing of the OPS) | 8,103,707 | 342,842,150 |
| 24.04.01 | Capital increase subscribed by way of contribution in kind of the entire share capital of Addcom | 1,532,887 | 334,738,443 |
| 24.04.01 | Capital increase subscribed by way of contribution in kind of the entire share capital of Connect Software | 37,175 | 333,205,556 |
| 19.03.01 | Capital increase subscribed by way of contribution in kind of the 72% of share capital of Liberty Surf | 24,354,874 | 333,168,381 |
| 29.01.01 | OPS TISCALI/WORLD ONLINE III and last Tranche | 1,062,732 | 308,813,507 |
| 03.01.01 | OPS TISCALI/WORLD ONLINE II tranche | 3,124,693 | 307,750,775 |
| 20.12.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Nikoma (option reserved to former shareholders) | 30,380 | 304,626,082 |
| 15.12.00 | OPS TISCALI/WORLD ONLINE I Tranche | 136,347,460 | 304,595,702 |
| 13.10.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Nikoma (option reserved to former shareholders) | 294,208 | 168,248,242 |
| 01.08.00 | Capital increase subscribed by way of contribution in kind of 70% of the entire share capital of Quinary S.p.A. | 516,866 | 167,954,034 |
| 01.08.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Annuncigratuiti.it | 4,138 | 167,437,168 |
| 01.08.00 | Capital increase subscribed by way of contribution in kind of 60% of the entire share capital of Best Engineering S.r.l. | 82,000 | 167,433,030 |
| 01.08.00 | Capital increase subscribed by way of contribution in kind of 80% of the entire share capital of CD telecomunikace | 291,180 | 167,301,030 |
| 01.08.00 | Increase of share capital due to the Warrant | 50,000 | 167,351,030 |
| 23.05.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of share capital due to the Warrant | 1,157,730 | 167,009,850 |
| 23.05.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Interweb | 194,670 | 165,852,120 |
| 23.05.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Nikoma | 3,648,510 | 165,657,450 |
| 25.04.00 | Split of the share capital | 162,008,940 | |
| 14.04.00 | Capital increase subscribed by way of contribution in kind of 60% of the entire share capital of IDEARE S.r.l. | 3,877 | 16,200,894 |
| 13.04.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of LINK LINE S.A. | 46,280 | 16,197,017 |
| 12.04.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of DATA COMMSCHWEITZ A.G. | 113,897 | 16,150,737 |
| 31.03.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of A-Telecom | 419,534 | 16,036,840 |
| 28.03.00 | Capital increase subscribed by way of contribution in kind of the entire share capital of Nets | 3,306 | 15,614,000 |