Debt

Pirelli & C. Debt Structure as of 30 September 2011

As of September, 30 2011 Pirelli’s Gross Debt amounts to 1.8 billion euro, 65% of which is maturing after 2014.

Pirelli can count on a sound financial structure with a liquidity margin to date of 1.4 billion euro including 526 million cash and 830 million euro of committed line not drawn expiring in 2015.

In addition, to further diversify the debt profile, the Board of Directors of Pirelli has authorized bond issue up to 800 million euro.