PIRELLI TIRE NA APPOINTS FOXWORTHY AS MARKETING MANAGER

Rome, GA – Pirelli Tire North America is pleased to announce the addition of Stan
Foxworthy to its marketing team as Marketing Manager for its motorcycle division.
Foxworthy comes to Pirelli with more than 25 years experience in marketing and
sales management.

In his new position at Pirelli, Foxworthy will oversee the planning and maintenance
of all sales-related activities for Pirelli’s motorcycle tire division, including new
product communications, distributor relations, consumer events, marketing and
public relations. Foxworthy joins force with Kevin Allen, who has acted as interim
Marketing Manager since August, 2007.

“We look forward to Stan being an excellent addition to our growing team of
enthusiast professionals at Pirelli Tire. He brings with him a full understanding of
the motorcycle industry and a proven track record of success in the aftermarket
business,” said Scott Griffin, Pirelli NA VP of Motorcycle Tires. “Stan will play an
important role in achieving our sales growth goals, complementing our talented
team.”

Prior Pirelli, Foxworthy served as General Manager of REV-LOC Automatic Clutches,
overseeing sales activities as well as distributor, dealer and consumer events.
Foxworthy has also worked as a consultant in the motorcycle tire industry and is
currently the Executive Director of Racing 2 Save Lives, a 501(c)(3) not-for-profit
children’s charity. As a motorcycle road racer Foxworthy has been licensed with
the MRA.

“It’s a dream come true for me to be joining Pirelli. Because of its world-famous
racing heritage and unique, passionate image. It’s a company I've always held in
high regard,” said Foxworthy. “And with Pirelli’s success in racing during the last
few years and its many new products, today is an especially exciting time to be
joining the team.”

Pirelli Tire North America specializes in the manufacture and marketing of high-
performance tires for passenger vehicles, motorcycles and motorsports. An
industry leader in technology and quality, Pirelli operates its highly advanced
Modular Integrated Robotized System (MIRS) in Rome, Georgia, to better serve the
North American OEM and Replacement markets. For more information please visit:
www.us.pirelli.com.