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Investor Channel is the communication channel between Pirelli and the financial community. Analysts, shareholders and web users can use the channel for direct dialogue with the Group. The blog is moderated by Pirelli Investor Relations.

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PEERS & MARKETS

Major European stock indexes were positive in the week from 10 to 14 December 2012 (Milan +1.3%, London +0.1%, Frankfurt +1.0%, Paris +1%). Despite the still open debate on “fiscal cliff” and 2013 budget in the U.S., the expansion on manufacturing activity data in China after 13 months (provisional HSBC PMI index to 50.9 points versus 50.5 points in November) and the easing of tensions in Europe with the granting of the final tranche of aid to Greece, supported markets.

European Auto & Parts achieved the best performance across sectors (+3.1% Stoxx Auto) driven by the newsflow and by rumors about extraordinary transaction regarding some European OEM. Auto&Parts stocks were not affected by the already expected market data published on Friday by Acea: auto registrations in November were down 10.3% year-over year, -7.3% the year to date figure.

Pirelli ended the week at € 8.91 up by 0.6% with an average daily trading volume of approximately 5 million. The stock since the beginning of the year recorded a performance of 37%, 31.5 percentage points above the benchmark (FTSE Mib).

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