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Moto Guzzi Executive to Appear On CNN Business Unusual

28 May 1999

Chairman Mark Hauser Discusses Recent Merger

    NEW YORK--May 28, 1999--Mark Hauser, Executive Chairman of Moto Guzzi Corporation (OTC BB: GUZI), the renowned Italian pioneer of motorcycle design and manufacturing, will appear on CNN Saturday, May 29, at 8:30 p.m. ET as a guest on Business Unusual with program Host Lou Dobbs.
    Hauser is expected to discuss the company's recent merger with North Atlantic Acquisition Corporation and recent developments at Moto Guzzi, including plans to develop new products and expand sales in the U.S. by focusing on quality and design.

CNN Business Unusual Program Schedule:

Saturday, May 29th, 1999: U.S. - 20:30 EDT (Eastern), 17:30 PDT (Pacific)

Sunday, May 30th, 1999: CET/Italy - 19:30, Moscow - 21:30, Hong Kong- 20:30, Buenos Aires - 17:30

Friday, May 28th, 1999: London - 11:30 p.m. CNBC Europe, Automotive Spot

    Business Unusual is broadcast globally in 220 countries. Check local papers for broadcast times in other areas.

About Moto Guzzi

    Moto Guzzi is one of the most veteran, legendary motorcycle manufacturers in the world. With headquarters in Mandello del Lario, Italy, the company produces several models of heavyweight and high-performance vehicles. Moto Guzzi markets its products through a network of over 750 wholly and partially owned importers and independent dealers worldwide. In addition to motorcycles for the general consumer, Moto Guzzi also produces special models for government agencies, national and local police forces and highway patrols.
    "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements in this release which are not historical facts are forward-looking and involve risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, increased investment to support product introductions, market acceptance of products, product transitions by the company and its competitors, currency fluctuations, changes in product sales mix, and other risks described in the company's registration statement and other Securities and Exchange Commission filings.