Piaggio and financial markets

Financial disclosure

Piaggio considers financial disclosure to be of fundamental importance in building a relationship of trust with the financial market.

In particular its Investor Relations function engages institutional and individual investors as well as financial analysts in an ongoing dialogue, producing transparent, timely and accurate information to promote a correct perception of the Group's value.

In 2012, communication with the financial community was stepped up, with the Group meeting more than 160 investors on main European and North American financial markets during road shows and conferences.

Initiatives also included direct meetings and conference calls, managed daily by the IR function, and institutional communication events concerning quarterly results.

As in the previous year, coverage of Piaggio shares was extended in 2012, and with the start-up of activities by three international merchant banks, total coverage now comprises 15 brokers.

The Company's website www.piaggiogroup.com is constantly updated with exhaustive information concerning the Group and all major corporate documentation, in both Italian and English.

In particular, press releases disclosed to the market by the Press Office, the Company's periodic financial reports, the Corporate Social Responsibility Report, and the Company's business and financial performance are all published on-line, along with the material used in meetings with the financial community, Piaggio share consensus as well as corporate governance documents (articles of association, insider trading and material concerning shareholders' meetings).

Contacts Investor Relations Department

Raffaele Lupotto – Senior Vice President, Head of Investor Relations

Email: investorRelations@piaggio.com  Tel: +39 0587 272286

Fax: +39 0587 276093

Piaggio shares

Price and daily volumes

Piaggio shares

Trend of the Piaggio share in relation to reference indexes

Trend of Piaggio share

In 2012, Piaggio shares gained 12%, performing better than reference indexes, as shown in the previous graphs.

Main share indicators

2012 2011
Official share price on the last day of trading (Euro) 2.03 1.80
Number of shares (no.) 371,793,901 371,793,901
Earnings per share (Euro)
- Basic earnings 0.113 0.126
- Diluted earnings 0.113 0.126
Shareholders' equity by share (Euro) 1.18 1.21
Market capitalisation (millions of euro) (1)
755 669
1_Obtained by multiplying the official share price of the last day of trading by the number of shares.

Group rating

Current 31/12/2011
Standard & Poor’s
- Corporate BB- BB
- Outlook Stable Negative
- Corporate Ba2 Ba2
- Outlook Negative Stable