Milan, 23 December 2011 - Piaggio & C. S.p.A. announces the purchase, on 19 December 2011, of no. 120.000 treasury shares at an average price of 1,7362 Euro per share, for a total of 208.344 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) |
| 19/12/2011 | 120.000 | 1,7362 | 208.344 |
Following these transactions, taking into account the treasury shares already in portfolio, Piaggio & C. S.p.A. holds a total of no. 6.742.080 treasury shares, equal to 1,813% of the share capital.