DUCATI MOTOR HOLDING: REFINANCING OF BOND DUE ON MAY 2005 Bologna, Italy, March 16, 2005 – Ducati Motor Holding S.p.A. (NYSE: DMH and Borsa Italiana S.p.A: DMH), a leading manufacturer of high performance motorcycles, announced today that the Company has given an exclusive mandate to Unicredit Banca Mobiliare S.p.A. for the organization and syndication of a loan of Euro 73.3 Million. The financing, which Unicredit Banca d’Impresa S.p.A has committed to underwrite in total, will be used for: a) the reimbursement of the outstanding bond amount, due on May 31, 2005, for Euro 54.0 Million and some short -term bank financing which was used to repurchase part of the bond for about Euro 20.0 Million; b) further requirements related to working capital of the Company and its subsidiaries. The Company, in mutual agreement with Unicredit Banca Mobiliare S.p.A., intends to increase the total financing amount up to a maximun of Euro 110.0 Million, subject to the result of the syndication. All other terms and conditions of the operation will be communicated to the market when the operation will be finalized.