Pirelli Acquires 19,19% of Speed, Raising its Stake to 100%

MILAN - July 10, 2008: Pirelli & C. SpA announces that it has entered into possession of the entire share capital of Speed SpA - the company which owns a 38.9% stake of Pirelli Tyre SpA - following the purchase, announced last 11 March and completed today, of a residual 19.19% stake.