PRESS RELEASE 29 May 2001, Torino05

ANNOUNCEMENT TO PRIMA INDUSTRIE SHAREHOLDERS IN CONNECTION WITH THE SPLITTING OF THE COMPANY ORDINARY STOCK As highlighted through our recent press releases and through newspapers news, on June 4, 2001, the split on PRIMA INDUSTRIE shares will become effective. So, all the shareholders will receive in their bank account four new shares (par value Euro 2,5 each) instead of every old share (par value Euro 10 each) they have there. Consequently, the market value of each share will probably decrease in the range of 1/4 of the current value of Friday June 1,2001

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