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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 financial markets were down in the week from 2 to 5 April 2013 (Milan -0.6%, London -2.5%, Frankfurt -1.8%, -1.8% Paris, Madrid -1.5%). After the first positive trading day, stock markets were impacted by lower than expected U.S. economic macroeconomic data (fewer payrolls in March, ISM Services index in March to the lowest level in seven months: 54.4p vs. 55.5p expected) and by the view expressed by ECB President Draghi according to which recovery in Europe is going to be slow and gradual.

In line with the market also the European Auto&Parts Sector (-1.9%) following weak car registrations data in Germany: new car sales in March were down 17% compared to last year (-10% yoy in February 2013).

Pirelli ended the week above parity (+0.4%) at € 8.22. Limited trade in the sessions after the holidays: the average daily trading volume was about 1.9 million units.

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