Safilo: Hal waives 60% minimum tender threshold and accepts the tendered notes

The Company has been informed by HAL that, as of 5:00 PM (CET) today, November 30th, 50.99% of the outstanding principal amount of the Notes were tendered and not withdrawn.

The Company has also been informed that HAL has decided to waive the condition of requiring a minimum of 60% of the outstanding Notes to be tendered and accordingly accepts the tendered Notes.

HAL will proceed with the cash settlement on Friday December 4, 2009.