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Mantua, 28 June 2007 - Regarding reports circulating in the media, IMMSI S.p.A., the company that controls Piaggio & C. S.p.A. with a share of 55.02%, reiterated that the investment in question is and continues to be of a strategic nature, and declared that it has never had, nor currently has, any contacts intended for the purpose of a sale ofPiaggio shares. For more information:IMMSI Press OfficeVia Vivaio, 6 - 20122 MilanMassimiliano Levi Tel. +39 0276212620  Fax. +39 0276212629 massimiliano.levi@immsi.it www.immsi.it Piaggio Group Press OfficeVia Vivaio, 6 - 20122 MilanRoberto M. ZerbiTel. +39 02 76212643-44-45-46Fax +39 02 76212629press@piaggio.com