PRESS RELEASE 28 August 2002, Torino

- APPROVED BY THE BOARD OF DIRECTORS THE SIX MONTHS REPORT AS AT JUNE 30TH, 2002 - SATISFACTORY PERFORMANCE OF THE HEAD COMPANY PRIMA INDUSTRIE S.p.A. (SALES AT 29.7 MILLION EURO; EBIT AT 0.7 MILLION EURO) AND OF PRIMA ELECTRONICS S.p.A. (SALES AT 7.8 MILLION EURO; EBIT AT 1.3 MILLION EURO) NOTWITHSTANDING THE INTERNATIONAL ECONOMIC SITUATION - CONSOLIDATED RESULTS (SALES AT 46.2 MILLION EURO, EBIT -2.2 MILLION EURO) PENALIZED BY THE US COMPANIES, BY THE DIFFICULT SITUATION OF SOME REFERENCE MARKETS (AEROSPACE AND AUTOMOTIVE) AND BY THE DEVALUATION OF DOMESTIC PARTICIPATIONS - EXPORT EXCEEDING 74%. GOOD ORDER BACKLOG AT 32 MILLION EURO

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