From press releases issued by Ducati Moto Holding S.p.A.:

DUCATI CEO DI BIAGIO STEPS DOWN
CHAIRMAN FEDERICO MINOLI TO ASSUME CHIEF EXECUTIVE RESPONSIBILITIES

Bologna, Italy – Ducati Motor Holding S.p.A. (NYSE: DMH and Borsa Italiana S.p.A.: DMH), a leading manufacturer of high performance motorcycles, announced that Carlo Di Biagio, Chief Executive Officer, has resigned from the company for personal reasons. Federico Minoli, Chairman of the Board, will assume chief executive responsibilities.

“We are very grateful to Carlo for his important contributions to Ducati since the early days of the turnaround, and in particular during the busy period of the IPO in 1999,” said Minoli. “We have asked him – and he has agreed – to continue to support the company in a consultancy role which will allow us to benefit further from his deep knowledge of the company.”

“It has been incredibly exciting to lead Ducati through this dynamic period of product innovation,” said Di Biagio. “I am now looking forward to concentrating on other professional and personal opportunities.”

Di Biagio was appointed CEO of Ducati in July 2000. Previously, as of May 1997, he was CFO at the Company. As CEO, Di Biagio invested heavily in new product, including the new 999 Superbike and Multistrada, and led the Company’s eagerly awaited entry into the Moto GP championship in 2003.

Federico Minoli was Chairman and CEO of Ducati from September 1996 until July 2000, and subsequently remained Chairman of the Board.
Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won eleven of the last thirteen 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 Sport Touring. 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 documents previously filed by the Company with CONSOB and with the U.S. Securities and Exchange Commission.



DUCATI MOTOR HOLDING CONFIRMS 2002 RESULTS

Wins Double Victory with 999 at First World Superbike Race in Valencia Bologna, Italy – Ducati Motor Holding S.p.A. (NYSE: DMH and Borsa Italiana S.p.A: DMH), a leading manufacturer of high performance motorcycles, today confirmed its consolidated results for 2002.

Preliminary results, announced on February 14, 2003, remain unchanged after final approval by the Board of Directors on March 5, 2003.

In brief, the Company announced 2002 revenues of Euro 413.0 million representing a growth of 1.3% versus Euro 407.8 million in 2001. 2002 EBITDA was Euro 52.3 million and represented 12.7% of revenues compared to Euro 66.1 million or 16.2% of revenues, a year earlier. Net earnings were Euro 6.5 million, compared to Euro 10.6 million in 2001.

Ducati Motor Holding S.p.A., as a stand-alone company, registered a net loss of Euro 3.0 million at December 31, 2002. No dividend distribution is planned.

A discussion by Ducati management of the full year 2002 results is available at www.ducati.com under Company and then Investor Relations, and can be accessed until May 8, 2003 under Webcast of Results at the bottom of the IR Press Release Schedule section.

A press release containing the detailed 2002 results is available in a release dated February 14, 2003, at www.ducati.com under Company, then Investor Relations, and then Press Releases.

Ducati also announced that Neil Hodgson, official Team Ducati Fila rider, won an impressive double victory at the first round of the World Superbike Championship in Valencia, Spain.

“We could not have hoped for a better start to the 2003 season,” said Federico Minoli, President Ducati Motor Holding. “Neil Hodgson’s performance at Valencia – as well as teammate Rubin Xaus who came in second in both races – was a staggering result. In its racetrack debut, the new 999 Superbike Testastretta is already proving to be the bike to beat this year.”

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won ten of the last twelve 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 2000 annual report, filed with the U.S. Securities and Exchange Commission on Form 20-F, dated July 2, 2001.


DUCATI ANNOUNCES NEW HEAD OF COMMUNICATIONS

Bologna, Italy – Ducati Motor Holding S.p.A. (NYSE: DMH and Borsa Italiana S.p.A.: DMH), a leading manufacturer of high performance motorcycles, announced a new structure in the communication area of Ducati Motor Holding S.p.A.
Today Francesco Rapisarda has been appointed Head of Communications of Ducati Motor Holding.

Having arrived in Ducati Corse as Director of Communications last January, Mr. Rapisarda will report directly to Federico Minoli, Chief Executive Officer of Ducati Motor Holding.

Myrianne Gaeta and her team, and the Ducati Corse S.r.l. Communications office will report to Francesco.

The new appointment will also include his involvement as Press Officer of Ducati Marlboro Team during the MotoGP Championship.

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won eleven of the last thirteen 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 Sport Touring. 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 documents previously filed by the Company with CONSOB and with the U.S. Securities and Exchange Commission.