PRESS RELEASE 14 May 2002, Torino

APPROVED BY THE BOARD OF DIRECTORS THE CONSOLIDATED ACCOUNTS AS AT 03/31/02 - Consolidated sales increased of 2.1% to Euro 21.5 million - Backlog holds on at about Euro 29 milion - For the parent Company Prima Industrie SpA results better than the average of its reference market (EBIT of Euro 408 thousand) and excellent results for Prima Electronics SpA (EBIT of Euro 910 thousand), in spite of the non-favourable market conditions - EBIT negative at consolidated level (Euro -1,033 thousand), because of the results of the U.S. companies IN ADVANCED STAGE THE REORGANISATION OF THE U.S. COMPANIES - Payroll reduced by almost 30%, to about 120 units actually - Business concentrated in a main plant by January 2003 - Mass production starting of CP4000 laser, already successfully introduced to the market