Ducati Motor Holding Announces Record 18.9% Increase in 1999 Nine Month Revenues

BOLOGNA, Italy (PROTEXT) - Ducati Motor Holding S.p.A. (NYSE:DMH; Borsa Italiana S.p.A), a leading manufacturer of highperformance motorcycles, today announced record consolidatedrevenues for the first nine months ended September 30, 1999. For the first nine months of 1999, total revenues increased18.9% to Lit. 420.1 billion (US$231.4 million) from Lit. 353.3billion (US$194.6 million) during the same period last year.Revenues from Ducati motorcycles during the recent nine-monthperiod increased 19.6% to Lit. 358.8 billion over the first ninemonths of last year, and represented 85.4% of revenues. As ofSeptember 30, 1999, motorcycle shipments totaled 24,888 units, anincrease of 16.6% over last year's comparable period. Nine monthrevenues of motorcycle-related products, including spare parts,technical accessories and apparel rose 38.3% to Lit. 56.1 billionover last year. The Company's high-margin performance accessoriesand apparel division posted especially strong results with a73.5% year-over-year improvement. While official nine-month world registration data are not yetavailable, the Company's best estimates suggest thatregistrations increased 16% during the nine months compared tothe same period a year ago, with particular strength in Italy,North America, Germany and Belgium. "Our results during the first nine months of the year reflectthe ongoing success of Ducati's 1999 strategic initiatives," saidCarlo Di Biagio, Ducati's Chief Financial Officer. "We arepleased with the overall revenue momentum that we areexperiencing." Total revenues for the 1999 third quarter increased 5.7% toLit. 89.1 billion (US$49.1 million) from Lit. 84.3 billion(US$46.4 million) for the third quarter of last year. Thirdquarter revenue from Ducati motorcycles was Lit.70.4 billion, anincrease of 6.9% over the third quarter last year, andrepresented 79.0% of revenues. Shipments of Ducati motorcycles inthe third quarter totaled 4,815 units, an increase of 3.6% overthe comparable quarter last year. During the third quarter,revenues of motorcycle-related products rose 37.3% to Lit. 18.0billion compared to the year-ago period. "Third quarter revenue growth reflects the result of a robustsecond quarter performance which was driven by stronger-than-anticipated-demand," Mr. Di Biagio added. "For the third quarter,though, I am pleased to report the continued success of our 996Superbike model whose unit sales rose 87% as well as thecontinued strength of our spare part revenues, which gained 48%versus the same period a year ago. And speaking of spare parts,we are proud to note that Motorrad, Germany's leading trademagazine, recently rated Ducati #1 in after sales service due toimprovements in spare parts delivery and customer care. We aresatisfied with our performance to date and remain on track toachieve our full-year revenues and earnings objectives." Founded in 1926, Ducati builds racing-inspired motorcyclescharacterized by unique engine features, innovative design,advanced engineering and overall technical excellence. Ducati haswon eight of the last ten World Superbike Championship titles andmore individual victories than the competition put together. TheCompany produces motorcycles in four market segments which varyin their technical and design features and intended customers:Superbike, Supersport, Monster and SportTouring. The company'smotorcycles are sold in more than 40 countries worldwide, with aprimary focus in the Western European and North American markets.For more information about the Company, please visit Ducati's website at http://www.Ducati.com. This press release contains statements that are forward-looking and are subject to a number of risks and uncertaintiesthat could cause actual results to differ materially from thoseanticipated, as described in the Company's prospectus dated March23, 1999. Ducati Motor Holding S.p.A. and Subsidiaries Net Revenues and Shipment Data Nine Months Ended

Nine Months Ended Sept. 30,

Sept. 30,

Sept. 30,

Sept. 30, 1999

1998

1999

1998 Net Revenues (Lire in millions, US$ in thousands)

Motorcycles Lit. 358,757 Lit. 300,086 US$ 197,603 US$ 165,287

Spare Parts,

Accessories,

Apparel 56,107

40,555

30,904

22,338

Miscellaneous

Other 5,199

12,619

2,864

6,951

Total Net

Revenues Lit. 420,063 Lit. 353,260 US$ 231,371 US$ 194,576

% Change +18.9%

Ducati Units

Motorcycle shipments:

% Change

North America 3,663 3,500

+4.7%

Europe

19,757 16,333 +21.0%

Japan

814

327 +148.9%

Rest of World 654 1,192 -45.1%

Total

24,888 21,352 +16.6%

Motorcycle Product Mix: % Change

Sport Segment

(Superbike &

Supersport)

9,810

9,892

-0.8%

Monster

12,977

9,554

+35.8%

SportTouring

2,101

1,906

+10.2%

Total

24,888

21,352

+16.6%

Unofficial Motorcycle

Registrations:

% Change North America 3,631 2,892 +26% Europe

20,781 18,002 +15%

Japan

1,129 1,013 +11% Rest of World 2,231 1,939 +15% Total

27,772 23,846 +16%

Note: On September 30, 1999, US$ = 1,815.54 Italian lire.

On January 1, 1999, the conversion rate was fixed such

that

Euro = 1,936.27 Italian lire.

Ducati Motor Holding S.p.A. and Subsidiaries

Net Revenues and Shipment Data

Three Months Ended Three Months Ended

September 30, September 30, September 30, September 30,

1999 1998 1999 1998

Net Revenues (Lire in millions, US$ in thousands) Motorcycles Lit. 70,413 Lit. 65,875 US$ 38,784 US$ 36,284

Spare Parts,

Accessories,

Apparel

17,993

13,106

9,911

7,219

Miscellaneous

Other

739

5,341

407

2,942

Total Net

Revenues

Lit. 89,145 Lit. 84,322 US$ 49,102 US$ 46,445

% Change

+5.7%

Ducati Units

Motorcycle Shipments: 9/30/99

9/30/98

% Change

North America

660

1,024

-35.5%

Europe

3,794

3,289

+15.4%

Japan

166

117

+41.9%

Rest of World

195

218

-10.6%

Total

4,815

4,648

+3.6%

Motorcycle

Product Mix:

% Change

Sport Segment

(Superbike &

Supersport)

1,911

1,942

-1.6%

Monster

2,643

2,239

+18.0%

SportTouring

261

467

-44.1%

Total

4,815

4,648

+3.6%

Note: On September 30, 1999, US$ = 1,815.54 Italian lire.

On January 1, 1999, the conversion rate was fixed such that

Euro = 1,936.27 Italian lire. ots Original Text Service:Ducati Motor Holding S.p.A. Internet: http://www.newsaktuell.deContact: Jason M. Jacobs of DUCATI MOTOR HOLDING S.p.A., 39-051-6413-222; or Investors - Lynn Morgen, Carolyn Capaccio, MicheleLoguidice, 212-850-5600, or Jean-Francois Carminati, or CatherineJuillard, 33-1-47-03-6810, or Media - Stacy Berns or Stacy Roth,212-850-5600, or Madeleine Resener, 33-1-47-03-6810, all ofMorgen-Walke Associates, for Ducati Motor Holding S.p.A. Website: http://www.ducati.com

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