PRESS RELEASE 14 February 2002, Torino

- THE BOARD OF DIRECTORS APPROVED THE CONSOLIDATED ACCOUNTS OF THE GROUP FOR THE FOURTH QUARTER OF 2001 - CONSOLIDATED REVENUES INCREASED TO EURO 112 MILLION (+24.4%), WITH A 77% REALISED ABROAD - BACKLOG OF MORE THAN EURO 30 MILLION - GOOD PERFORMANCE OF THE HOLDING COMPANY PRIMA INDUSTRIE S.p.A. (TURNOVER UP TO EURO 67.5 MILLION, EBIT OF EURO 5.5 MILLION) IN SPITE OF THE UNFAVOURABLE ECONOMIC SITUATION - BOTH THE DIFFICULT SITUATION IN THE U.S. AND THE IMPACT OF THE COSTS INCURRED AND ALLOCATED FOR THE RESTRUCTURING NEGATIVELY AFFECTED THE GROUP PROFITABILITY WHICH SHOWS AN EBIT OF EURO 2.1 MILLION AND AN EBT OF EURO 1.6 MILLION