Milan, 9 November 2011 - Piaggio & C. S.p.A. announces the purchase, on 1st November 2011 and 2nd November 2011 of no. 242.501 treasury shares at an average price of 2,2757 Euro per share, for a total of 552.108 Euro, pursuant to the resolution passed at the Shareholders’ Meeting held on 13 April 2011 (previously communicated as per article 144 bis of Consob Regulation no. 11971/1999).
Details of the transactions on a daily basis are indicated below:
| Date | No. of purchased shares | Average price (euro) | Total (euro) |
| 1/11/2011 | 240.000 | 2,2769 | 546.456 |
| 2/11/2011 | 2.501 | 2,2600 | 5.652 |
Following these transactions, taking into account the treasury shares already in portfolio, Piaggio & C. S.p.A. holds a total of no. 4.730.080 treasury shares, equal to 1,272% of the share capital.