BRIEF-ERG does not want to take all 4 yrs on ISAB option

MILAN, Nov 12 (Reuters) - ERG SpA: * CEO says does not want to take all four years to decide on exercising put option on ISAB refinery * Can't say when will take decision * ERG has put option to place with Lukoil its 51 percent stake in ISAB (Milan Newsroom +390266129507) more info click on COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.