Management changes in Ducati Motor Holding

Bologna, Italy, February 27 -- - Appointments in commercial management

Ducati Motor Holding S.p.A. , a leading manufacturer of high performance motorcycles, today announced important changes in the commercial area.

Today Michael Lock, former Country Manager of Ducati UK, was appointed Country Manager of Ducati North America, replacing Mr. Joseph Piazza.

Lock brings with him a wealthy international experience in the motorcycle industry and a deep knowledge of the American market thanks, amongst other things, to his previous job as CEO of Triumph USA.

"The American market has a strategic importance and offers the Company extraordinary potential for future growth in each category of the product," says Mr. Lock.

In addition, Mr. Piero Guidi will become President Ducati UK whilst continuing his role as Director of the Italian Market. He will be supporting Mr. Tim Macabee and Mr. Peter Brooking as, respectively, Vice President Sales Ducati UK and Vice President Marketing Ducati UK.

These changes will be effective as of March 3, 2003.

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. Ducati has won eleven of the last thirteen World Superbike Championship titles and more individual victories than the competition put together. The Company produces motorcycles in four market segments which vary in their technical and design features and intended customers: Superbike, Supersport, Monster and SportTouring. The company's motorcycles are sold in more than 40 countries worldwide, with a primary focus in the Western European and North American markets. For more information about the Company, please visit our web site at http://www.ducati.com/ .

This press release contains statements that are forward-looking and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, as described in documents previously filed by the Company with CONSOB and with the U.S. Securities and Exchange Commission.

Christopher Spira, Director, Investor Relations and Corporate Communications, Ducati Motor Holding S.p.A., Via Cavalieri Ducati, 3, Bologna 40132, Italy

Main Tel: + 39 051 6413 111, Direct tel: + 39 051 6413 222, Direct fax: + 39 051 6413 223, E-mail: christopher.spira@ducati.com