PRESS RELEASE 13 November 2003, Torino

THE BOARD OF DIRECTORS APPROVES THE COMPANY ACCOUNTS AS AT 30/09/2003 WHICH CONFIRM SAME POSITIVE TRENDS OF FIRST SIX MONTHS OF THE YEAR - Consolidated sales: 66.5 million Euro, in line with September 30, 2002 - EBITDA: 1.8 million Euro (-0.6 million Euro as at 30/09/02) - EBIT: 0.1 million Euro (-2,7 million Euro as at 30/09/02)

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