0 capital increase control chain simplification pirelli fy 2002 results milan march 12 th 2003 1 presentation agenda strategic rationale of the transaction new group structure details expected timetable overview questions and answers 2 is structured in a & c followed by incorporation spa luxembourg into main purposes strengthening financial through roughly 250 mln adopting more advanced corporate governance model for 3 shortening as result all operating activities energy cables telecom tyres stake business real estate will refer to single listed company maximize market capitalization liquidity simplify investment approach offering shareholders one with wider activity portfolio allow better focus on value creation every shareholder optimise economic flows among towards administrative eliminating
