During the meeting of 12 March 2007, Pirelli Board of Directors approved a new  insider dealing procedure which aims to establish in a self-regulatory way – above and beyond governing laws and regulations – obligations for abstaining, in certain periods of the year (so-called black-out periods), from carrying out transactions on financial instruments of the Company, applying to directors, statutory auditors, and managers of Pirelli & C. or its main subsidiaries with strategic responsibility.

Black out periods start from the day after the closing of  every fiscal period and lats to the day of the first release of the economic and financial results of the period (definitive or preliminary).

More information in the following document: