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25 Jan 2006

Rome, January 25th 2006


Rome, January 25th 2006 - With reference to the rumours spreading on the market these past days and reported today by an Italian financial newspaper, once again Bulgari categorically denies the hypothesis that the sale of shares to any Italian or foreign group currently exists or has ever been taken in consideration in the past.

Bulgari is one of the global players on the luxury market. In 2004 the Group posted a turnover of 832 million Euro, a net profit of 109 million Euro (IAS/IFRS restated). With a market capitalization of about 2.716 million Euro (as of 01.20.2006), Bulgari relies on a distribution network of 194 stores in the most exclusive shopping areas in the world and on selected distributors. Bulgari has a product portfolio that ranges from jewels and watches to accessories and perfumes. The Group is controlled by the Bulgari family, holding about 52.0% of the share capital. The remaining 48.0% is floating on the Milan Stock Exchange.

For further information

Media Relations Analysts / investors relations
Paolo Piantella Renata Casaro
Corporate Financial Press Office Director Investor Relations Director
tel. +39 06 68 810 593 tel. +39 06 68 810 467
e-mail paolo.piantella@bulgari.com e-mail renata.casaro@bulgari.com
www.bulgari.com http://ir.bulgari.com