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November 18th

Stabilimenti Ferrari

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Francesco TRAPANI

Ceo, Bulgari

Francesco Trapani is Chief Executive Officer of the Bulgari Group, the Italian contemporary jeweler and today one of the leading global players in the luxury
market offering world famous fine jewelry, watches, accessories and fragrances.
After receiving his degree in Economics from the University of Naples and studying
Business Administration at New York University, Francesco Trapani became the
Company's Chief Executive in 1984. Starting from the '80s Bulgari expanded internationally
and Mr. Trapani brought to the Company both financial planning and a
long-term strategy based on product diversification, global distribution as well as
professional organization. In July 1995 Mr. Trapani successfully led the listing of Bulgari
SpA on the Italian Stock Exchange and the stock is also currently traded on the IRS
service of the London Stock Exchange. In May 2000 Francesco Trapani participated
in creating Opera, an international fund investing in goods and services of the
Italian lifestyle. Bulgari is the largest investor, owning about 12.0% of shares, and also
acting as co-manager of the fund with 50% of the management company. The
same year the Bulgari Group acquired 100% of Gerald Genta S.A., Daniel Roth S.A.,
Swiss leaders in high-end watch making, and Manufacture de Haute Horlogerie
S.A., the owner of the related manufacturing facilities. In February 2001 Bulgari
announced the creation of Bvlgari Hotels & Resorts, a joint venture between Bulgari
and Marriott International / Ritz-Carlton. Through these steps, the Bulgari Group has
become a major success story within the luxury business. Francesco Trapani is also
Deputy Chairman of the Board of Directors of Altagamma (Association of High End
Italian Companies) and Member of the Board of BNL (Banca Nazionale del
Lavoro), among the largest Italian banking groups. Born in Rome in 1957 and son of
Agostino Trapani and Lia Bulgari, he personally owns a 4.45% share of the company.