Disclosure Obligations of Significant Shareholders

In accordance with the AIM Italia Regulation, anyone who holds more than 5% of a category of financial instruments of sostravel.com Ltd. is a ‘Significant Shareholder’. If the 5% figure is exceeded, and the reaching or exceeding of the 5% 10% 15% 20% 25% 30% 50% 66.6% and 90% figure takes place, a ‘Substantial Change’ is considered to have been effected, which must be communicated to the Significant Shareholders of sostravel.com Ltd.. To this end, within 5 days of negotiating, starting from the day in which the operation which has led to the Substantial Change has taken place, the Significant Shareholder must communicate to sostravel.com Ltd. the identity of the Significant Shareholders involved, the date in which the sostravel.com Ltd. has been informed, the date in which the Substantial Change has taken place, the price, the sum, the category of financial instruments involved, the nature of the operation and level of the involvement of the Significant Shareholder. The communication can be sent using this form, sent to the address investor.relations@sostravel.com, Faxed to +39 0331 1582452 and then sent by recorded mail to: sostravel.com Ltd. – via Olona 183/G – 21013 Gallarate – Varese