Piaggio Group: First Half 2006
Board of Directors meeting

Piaggio names new board
11 members, 4 independents, chairman Roberto Colaninno, deputy chairman Matteo Colaninno, chief executive officer Rocco Sabelli

IPO Piaggio - greenshoe exercises
Greenshoe exercise

Piaggio - Global IPO successfully completed
Price set at 2.30 per share

Piaggio: Shareholders of Piaggio Holding Netherlands B.V. Amend Agreement
Shareholders of Piaggio Holding Netherlands B.V. Amend Agreement

Piaggio: Authorisation for Prospectus
Consob authorised publication of the Prospectus

Piaggio Group: 1st quarter 2006*
Net sales: € 374.2 mln (+ 19.8% from € 312.3 mln in 1q ’05)
EBITDA: € 43 mln (+ 75.3% from 1q ‘05)
Profit for the period: € 10.2 mln (loss of € 10.9 mln in 1q ‘05)
Net debt down to € 397.7 mln

Piaggio approves 2005 financial statements
Confirmation of members of the board of directors

Piaggio approves 2005 draft financial statements*
Approved 2005 draft financial statements*

Board meeting in Milan today
Banca Caboto, Citigroup, Deutsche Bank, Lehman Brothers and Mediobanca engaged for admission to borsa Italiana automated trading system