DUCATI MOTOR HOLDING SIGNS FINANCING CONTRACT FOR EURO 100 MILLION – Spread more than halved- 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 a syndicated loan for a total of Euro 100 million was signed May 9, 2005. The new financing, organized by Unicredit Banca Mobiliare, will be funded by Unicredit Banca d’Impresa, Banca Intesa, Banca Nazionale del Lavoro, Carisbo, Fortis Bank, Monte dei Paschi di Siena and Banca Popolare di Bergamo to Ducati Motor Holding S.p.A. and Ducati Corse s.r.l., and makes provision for the following credit lines: a) a main long-term credit line for a total of Euro 63.6 million, which matures 5 years from the date of signing the financing contract, and a variable interest rate with a 150 basis point spread over the 3-month Euribor; b) a revolving credit line for a total of Euro 36.4 million, with a one-year renewable expiry date, and a variable rate with a 120 basis point spread over Euribor. The interest rate for both credit lines provides for a step-up/step-down mechanism, subject to Ducati’s economic and financial results. The financing will be used to: a) repay the outstanding Euro 54.2 million of the total initial bond amount of Euro 100 million, with a fixed annual coupon of 6.5% and maturity on May 31, 2005; b) other requirements related to the Company’s working capital; c) Ducati Corse’s payment of the ‘Ducati Corse’ brand purchase as previously communicated by the Company on November 26, 2004. The financing, guaranteed by Ducati Motor Holding S.p.A. and Ducati Corse s.r.l., includes certain restrictions relating to: – the distribution of dividends and/or reserves; – the sale of Group assets; – the issuing of guarantees; – third-party loans. “The duration of the loan, which guarantees a stable source of funding, and the spread, halved with regard to the maturing bond, confirm the Financial Institutions’ trust in Ducati and its business plan”, commented Enrico D’Onofrio, Ducati’s Chief Financial Officer. “We would like to thank the Banks, under the arrangement of Unicredit Banca Mobiliare, for their financial support”. “We are very satisfied with the outcome of the Company’s re-financing operation”, declared Federico Minoli, President and CEO of Ducati. “This financing, with its favourable economic conditions, will allow us to concentrate fully on our product development plans”.