Ducati Motor Holding S.p.A., a leading manufacturer of high performance motorcycles, today announced that the Board of Directors approved a Euro bond issue of 100 million Euros. The tenor of the bonds will be 5 years with repayment at maturity. The pricing and the coupon will be determined at a later date. The bonds be offered only to institutional investors in Italy and outside of Italy, with the exclusion of the U.S., and will be listed on the Luxembourg Stock Exchange.

Credit Suisse First Boston and Mediobanca — Banca di Credito Finanziario S.p.A. have been nominated lead managers for this deal.

The Company intends to use the proceeds for debt refinancing.

This announcement is neither an offer to sell nor a solicitation of an offer to buy the bonds. There is no assurance that the bond offering will be completed.

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won eight of the last ten World Superbike Championship titles and more individual victories than the competition put together. The Company produces motorcycles in four market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster and SportTouring. The company’s motorcycles are sold in more than 40 countries worldwide, with a primary focus in the Western European and North American markets. For more information about the Company, please visit our web site at http://www.ducati.com.

This press release contains statements that are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, as described in the Company’s prospectus dated March 23, 1999.