Fields of Consolidation

Companies consolidated line-by-line

Company

Business

Head-
quarters

Share Capital

% holding

Held by

Europe

Austria

ECOI-Immobilien Gmbh

Real Estate

Vienna

Euro

35,000

100.00%

Pirelli RE Residential Investments Gmbh

Pirelli Gmbh

Tyre

Vienna

Euro

726,728

100.00%

Pirelli Tyre (Europe) S.A.

Belgium

Pirelli Tyres Belux S.A.

Tyre

Brussels

Euro

700,000

100.00%

Pirelli Tyre (Europe) S.A.

Bulgaria

Pirelli RE Bulgaria AD

Real Estate

Sofia

Bgn

50,000

75.00%

Pirelli RE Netherlands B.V.

France

Facility Management
France S.a.S.

Real Estate

Trappes

Euro

37,000

100.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Gecam France S.a.S

Enviroment

Paris

Euro

750,000

70.00%

Pirelli & C. Ambiente Eco Technology S.p.A.

Pirelli Broadband Solutions France S.a.r.l.

Enviroment

Paris

Euro

10,000

99.00%

Pirelli Broadband Solutions S.p.A.

1.00%

Maristel S.p.A.

Pneus Pirelli S.a.S

Tyre

Roissy en France

Euro

1,515,858

100.00%

Pirelli Tyre (Europe) S.A.

Germany

Deutsche Pirelli Reifen
Holding Gmbh

Financial

Breuberg/Odenwald

Euro

7,694,943

100.00%

Pirelli Tyre Holland N.V.

DGAG Grundstucksbeteiligung Gmbh

Real Estate

Kiel

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

DGAG Immobilien Management Gmbh

Real Estate

Amburg

Euro

5,150,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

DGAG Shopping Immobilien Gmbh

Real Estate

Amburg

Euro

153,400

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

DGAG Wohnungsbau Gmbh

Real Estate

Amburg

Euro

300,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Drahtcord Saar Geschaeftsfuehrungs Gmbh

Tyre

Merzig

Deut. Mark

60,000

50.00%

Pirelli Deutschland Gmbh

Drahtcord Saar Gmbh & Co. K.G.

Tyre

Merzig

Deut. Mark

30,000,000

50.00%

Pirelli Deutschland Gmbh

Driver Fleet Solution Gmbh

Tyre

Breuberg/Odenwald

Euro

26,000

100.00%

Deutsche Pirelli Reifen Holding Gmbh

Landgesellschaft Schleswig Holstein mbh

Real Estate

Kiel

Euro

27,500,000

18.36%

DGAG Grundstucksbeteiligung Gmbh

46.16%

Landgesellschaft Schleswig Holstein mbh

Mertus Achtunddreissigste Gmbh

Real Estate

Frankfurt

Euro

25,000

80.00%

Pirelli RE Netherlands B.V.

Pirelli & C. Real Estate Deutschland Gmbh

Real Estate

Amburg

Euro

5,000,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli Deutschland Gmbh

Tyre

Breuberg/Odenwald

Euro

26,334,100

100.00%

Deutsche Pirelli Reifen Holding Gmbh

Pirelli Personal Service Gmbh

Tyre

Breuberg/Odenwald

Euro

25,000

100.00%

Deutsche Pirelli Reifen Holding Gmbh

Pirelli RE Agency Deutschland Gmbh (ex- DGAG Wohnimmobilien Gmbh)

Real Estate

Kiel

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Asset Management NPL Deutschland Gmbh
(ex-Pirelli RE Asset Management Gmbh)

Real Estate

Berlin

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Facility Management Deutschland Gmbh (ex- PSG Parkhaus Service Gmbh)

Real Estate

Amburg

Euro

25,600

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Hausmeister Service Deutschland Gmbh (ex- DGAG Hausmeister Service Gmbh)

Real Estate

Kiel

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Management Services Deutschland Gmbh (ex- DGAG Deutsche Grundvermoegen Management Services Gmbh)

Real Estate

Amburg

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Property Management Deutschland Gmbh (ex- WOBAU Wohnnungsverwaltung Gmbh)

Real Estate

Kiel

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Pirelli RE Residential Investments Gmbh

Real Estate

Amburg

Euro

570,000

100.00%

Pirelli & C. Real Estate S.p.A.

PK Grundstueckverwaltung Gmbh

Tyre

Hoechst/Odenwald

Euro

26,000

100.00%

Deutsche Pirelli
Reifen Holding Gmbh

Pneumobil Gmbh

Tyre

Breuberg/Odenwald

Euro

259,225

100.00%

Deutsche Pirelli
Reifen Holding Gmbh

Projekt Bahnhof Hamburg-Altona Verwaltungs Gmbh

Real Estate

Amburg

Euro

25,000

100.00%

Projektentwicklung Bahnhof Hamburg-Altona
Gmbh & Co. KG

Projektentwicklung Bahnhof Hamburg-Altona Gmbh & Co. KG

Real Estate

Amburg

Euro

8,000,000

74.90%

Pirelli & C. Real Estate Deutschland Gmbh

Sechste Kajen 12 Verwaltungsgesellschaft mbh

Real Estate

Amburg

Euro

25,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

XENDA Vermögensverwaltungsgesellschaft

Real Estate

Amburg

Deut. Mark

50,000

100.00%

Pirelli & C. Real Estate Deutschland Gmbh

Greece

Driver Hellas S.A.

Tyre

Athens

Euro

60,000

99.99%

Elastika Pirelli S.A.

Elastika Pirelli S.A.

Tyre

Athens

Euro

1,192,000

99.90%

Pirelli Tyre (Europe) S.A.

0.10%

Pirelli Tyre S.p.A

Pirelli Hellas S.A.
(in liquidation)

Commercial

Athens

US $

22,050,000

79.86%

Pirelli Holding N.V.
(ex- Pirelli Tyre Holding N.V.)

Hungary

Pirelli Hungary Tyre Trading and Services Ltd

Tyre

Budapest

Hun. Forint

3,000,000

100.00%

Pirelli Tyre (Europe) S.A.

Ireland

Pirelli Reinsurance
Company Ltd

Reinsurance

Dublin

US $

7,150,000

100.00%

Pirelli Finance
(Luxembourg) S.A.

Italy

Acquario S.r.l. (in liquidation)

Real Estate

Genoa

Euro

255,000

100.00%

Pirelli & C. Real Estate S.p.A.

Alfa S.r.l.

Real Estate

Milan

Euro

2,600,000

100.00%

Pirelli & C. Real Estate S.p.A.

Beta S.r.l.

Real Estate

Milan

Euro

26,000

100.00%

Pirelli & C. Real Estate S.p.A.

Botticino S.r.l.

Real Estate

Milan

Euro

10,000

100.00%

Pirelli & C. Real Estate S.p.A.

Casaclick S.p.A.

Real Estate

Milan

Euro

299,000

100.00%

Pirelli & C. Real Estate
Agency S.p.A.

Centrale Immobiliare S.p.A.

Real Estate

Milan

Euro

5,200,000

100.00%

Pirelli & C. Real Estate S.p.A.

Centro Servizi Amministrativi Pirelli S.r.l.

Services

Milan

Euro

51,000

34.00%

Pirelli & C. S.p.A.

33.00%

Pirelli Tyre S.p.A

33.00%

Pirelli & C. Real Estate S.p.A.

CFT Finanziaria S.p.A.

Real Estate

Florence

Euro

10,010,000

100.00%

Pirelli & C. Real Estate S.p.A.

Consorzio Sermagest - Servizi Manutentivi Gestionali

Real Estate

Turin

Euro

16,900

60.00%

Ingest Facility S.p.A.

Consorzio Stabile Pirelli RE Servizi (in liquidation)

Real Estate

Milan

Euro

200,000

100.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Dolcetto sei S.r.l.

Real Estate

Milan

Euro

10,000

100.00%

Pirelli & C. Real Estate S.p.A.

Driver Italia S.p.A.

Commercial

Milan

Euro

350,000

73.07%

Pirelli Tyre S.p.A

Edilnord Gestioni S.p.A.

Real Estate

Milan

Euro

517,000

100.00%

Pirelli & C. Real Estate S.p.A.

Elle Uno Società
Consortile a r.l.

Real Estate

Milan

Euro

100,000

80.00%

Edilnord Gestioni S.p.A.

Erato Finance S.r.l.

Real Estate

Milan

Euro

600,000

53.85%

Pirelli & C. Real Estate S.p.A.

Geolidro S.p.A.

Real Estate

Naples

Euro

3,099,096

100.00%

Centrale Immobiliare S.p.A.

Ingest Facility S.p.A.

Real Estate

Turin

Euro

1,700,000

100.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Iniziative Immobiliari 3 S.r.l.

Real Estate

Milan

Euro

10,000

100.00%

Iniziative Immobiliari 3 B.V.

Lambda S.r.l.

Real Estate

Milan

Euro

578,760

100.00%

Pirelli & C. Real Estate S.p.A.

Maristel S.p.A.

Telecom-
munications

Milan

Euro

1,020,000

100.00%

Pirelli Broadband
Solutions S.p.A.

NewCo RE 1 S.r.l.

Real Estate

Milan

Euro

30,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 4 S.r.l.

Real Estate

Milan

Euro

10,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 5 S.r.l.

Real Estate

Milan

Euro

40,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 6 S.r.l.

Real Estate

Milan

Euro

40,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 7 S.r.l.

Real Estate

Milan

Euro

40,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 8 S.r.l.

Real Estate

Milan

Euro

40,000

100.00%

Pirelli & C. Real Estate S.p.A.

NewCo RE 9 S.r.l.

Real Estate

Milan

Euro

40,000

100.00%

Pirelli & C. Real Estate S.p.A.

P.I.T. - Promozione Imprese
e Territorio S.C.r.l.

Real Estate

Pozzuoli (Na)

Euro

25,823

100.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Parcheggi Bicocca S.r.l.

Real Estate

Milan

Euro

1,500,000

75.00%

Pirelli & C. Real Estate S.p.A.

PBS S.C a r.l.

Real Estate

Milan

Euro

100,000

60.00%

Pirelli & C. Real Estate Property Management S.p.A.

PGT Photonics S.p.A.
(ex PGM S.r.l.)

Telecom-
munications

Milan

Euro

10,000

100.00%

Pirelli & C. S.p.A.

Pirelli & C. Ambiente
Eco Technology S.p.A.

Enviroment

Arese (Mi)

Euro

17,120,000

100.00%

Pirelli & C. Eco Technology S.p.A.

Pirelli & C. Ambiente Renewable Energy S.p.A.

Enviroment

Milan

Euro

3,060,000

100.00%

Pirelli & C. Ambiente S.p.A.

Pirelli & C. Ambiente S.p.A.

Enviroment

Milan

Euro

6,120,000

51.00%

Pirelli & C. S.p.A.

Pirelli & C. Ambiente
Site Remediation S.p.A.

Enviroment

Milan

Euro

155,700

100.00%

Pirelli & C. Ambiente S.p.A.

Pirelli & C.
Eco Technology S.p.A.

Enviroment

Milan

Euro

120,000

51.00%

Pirelli & C. S.p.A.

Pirelli & C.
Opere Generali S.p.A.

Real Estate

Milan

Euro

104,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate
Agency S.p.A.

Real Estate

Milan

Euro

832,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate Energy S.r.l. (ex- Pirelli & C. Real Estate Energy S.p.A. )

Real Estate

Milan

Euro

120,000

100.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Pirelli & C. Real Estate Facility Management S.p.A.
(ex- NewCo RE 2 S.r.l.)

Real Estate

Milan

Euro

10,000

100.00%

Pirelli RE Integrated Facility Management B.V. (ex- Pirelli RE Facility Management Netherlands B.V.)

Pirelli & C. Real Estate Franchising Holding S.r.l.

Real Estate

Milan

Euro

120,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate Franchising S.p.A.

Real Estate

Milan

Euro

500,000

100.00%

Pirelli & C. Real Estate Franchising Holding S.r.l.

Pirelli & C. Real Estate Franchising Servizi
Finanziari S.r.l.

Real Estate

Milan

Euro

10,000

100.00%

Pirelli & C. Real Estate Franchising Holding S.r.l.

Pirelli & C. Real Estate Opportunities Società di Gestione del Risparmio S.p.A.

Real Estate

Milan

Euro

1,000,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate Property Management S.p.A.

Real Estate

Milan

Euro

114,400

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate S.p.A.

Real Estate

Milan

Euro

21,274,678

53.67%

Pirelli & C. S.p.A.

3.05% (*)

Pirelli & C. Real Estate S.p.A.

Pirelli & C. Real Estate Società di Gestione del Risparmio S.p.A.

Real Estate

Milan

Euro

24,458,763

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli Broadband
Solutions S.p.A.

Telecom-
munications

Milan

Euro

10,120,000

100.00%

Pirelli & C. S.p.A.

Pirelli Cultura S.p.A.

Sundry

Milan

Euro

1,000,000

100.00%

Pirelli & C. S.p.A.

Pirelli Labs S.p.A.

Research and Development

Milan

Euro

10,000,000

100.00%

Pirelli & C. S.p.A.

Pirelli Nastri Tecnici S.p.A.
(in liquidation)

Sundry

Milan

Euro

384,642

100.00%

Pirelli & C. S.p.A.

Pirelli RE Credit Servicing S.p.A.

Real Estate

Milan

Euro

1,809,500

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli Servizi Finanziari S.p.A.

Financial

Milan

Euro

1,976,000

100.00%

Pirelli & C. S.p.A.

Pirelli Sistemi informativi S.r.l.

Information Systems

Milan

Euro

1,010,000

100.00%

Pirelli & C. S.p.A.

Pirelli Tyre S.p.A.

Tyre

Milan

Euro

256,820,000

61.06%

Pirelli & C. S.p.A.

Progetto Bicocca
Università S.r.l.

Real Estate

Milan

Euro

50,360

50.50%

Pirelli & C. Real Estate S.p.A.

Progetto Lainate S.r.l.
(in liquidation)

Real Estate

Milan

Euro

26,000

100.00%

Pirelli & C. Real Estate S.p.A.

Progetto Perugia S.r.l.

Real Estate

Milan

Euro

100,000

100.00%

Pirelli & C. Real Estate S.p.A.

Progetto Vallata S.r.l.

Real Estate

Milan

Euro

1,500,000

80.00%

Pirelli & C. Real Estate S.p.A.

9.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Pzero S.r.l.

Sundry

Milan

Euro

10,000

100.00%

Pirelli & C. S.p.A.

S.AN.GE S.c. a r.l.

Sundry

Milan

Euro

10,000

63.50%

Pirelli & C. Real Estate Facility Management S.p.A.

Sarca 222 S.r.l.
(ex- Polo Viaggi S.r.l.)

Travel Agency

Milan

Euro

46,800

100.00%

Pirelli & C. S.p.A.

Servizi Amministrativi
Real Estate S.p.A.

Real Estate

Milan

Euro

520,000

100.00%

Pirelli & C. Real Estate S.p.A.

Servizi Aziendali Pirelli S.C.p.A.

Services

Milan

Euro

104,000

90.25%

Pirelli & C. S.p.A.

2.00%

Pirelli Tyre S.p.A

2.00%

Pirelli & C. Real Estate S.p.A.

1.00%

Sarca 222 S.r.l.
(ex- Polo Viaggi S.r.l.)

0.95%

Centro Servizi Amministrativi Pirelli S.r.l.

0.95%

Pirelli Broadband Solution S.p.A.

0.95%

Pirelli Labs S.p.A.

0.95%

Pirelli Servizi Informativi S.r.l.

0.95%

Pzero S.r.l.

SIB S.r.l. (ex-Servizi Immobiliari Banche S.r.l.)

Real Estate

Milan

Euro

10,100

100.00%

Pirelli RE Credit
Servicing S.p.A.

Luxembourg

Pirelli Finance
(Luxembourg) S.A.

Financial

Luxemburg

Euro

270,228,168

100.00%

Pirelli & C. S.p.A.

Mistral RE S.à.r.l.

Real Estate

Luxemburg

Euro

12,500

100.00%

Pirelli & C. Real Estate S.p.A.

Sigma RE S.à.r.l.

Real Estate

Luxemburg

Euro

12,500

100.00%

Pirelli RE Netherlands B.V.

Poland

Driver Polska Sp.ZO.O.

Tyre

Warsaw

Pol. Zloty

100,000

72.00%

Pirelli Polska Sp.ZO.O.

Ingest Facility Polska Sp.ZO.O.

Real Estate

Grazynskiego

Pol. Zloty

500,000

100.00%

Ingest Facility S.p.A.

Pirelli Pekao Real Estate Sp.ZO.O.

Real Estate

Warsaw

Pol. Zloty

35,430

75.00%

Pirelli & C. Real Estate S.p.A.

Pirelli Polska Sp.ZO.O.

Tyre

Warsaw

Pol. Zloty

625,771

100.00%

Pirelli Tyre (Europe) S.A.

Romania

Pirelli & C. Ambiente Eco Technology RO S.A.

Enviroment

Bumbesti

Rom. Leu

100,000

95.00%

P.A.E.T. B.V.

5.00%

Pirelli & C. Ambiente Eco Technology S.p.A.

Pirelli RE Romania S.A.

Real Estate

Bucarest

Rom. Leu

90,000

80.00%

Pirelli RE Netherlands B.V.

S.C. Cord Romania S.R.L.

Tyre

Slatina

Rom. Leu

36,492,150

80.00%

Pirelli Tyre Holland N.V.

S.C. Pirelli Tyres Romania S.R.L.

Tyre

Slatina

Rom. Leu

77,169,800

95.00%

Pirelli Tyre Holland N.V.

5.00%

Pirelli Tyre S.p.A

Russia

OOO Pirelli Tyre Russia

Commercial

Moscow

Russian Rouble

50,485,259

95.00%

Pirelli Tyre (Europe) S.A.

5.00%

Pirelli Tyre Holland N.V.

Slovakia

Pirelli Slovakia S.R.O.

Tyre

Bratislava

Slov. Koruna

200,000

100.00%

Pirelli Tyre (Europe) S.A.

Spain

Euro Driver Car S.L.

Tyre

Barcelona

Euro

780,000

25.00%

Pirelli Neumaticos S.A.

26.15%

Proneus S.L.

Omnia Motor S.A.

Tyre

Barcelona

Euro

1,502,530

100.00%

Pirelli Neumaticos S.A.

Pirelli Neumaticos S.A.

Tyre

Barcelona

Euro

45,075,908

100.00%

Pirelli Tyre Holland N.V.

Proneus S.L.

Tyre

Barcelona

Euro

3,005

100.00%

Pirelli Neumaticos S.A.

Tyre & Fleet S.L.

Tyre

Barcelona

Euro

20,000

100.00%

Pirelli Neumaticos S.A.

Sweden

Pirelli Tyre Nordic A.B.

Tyre

Bromma

Swed. Krona

950,000

100.00%

Pirelli Tyre (Europe) S.A.

Switzerland

Agom S.A.

Tyre

Conthey

Swiss Franc

50,000

80.00%

Pirelli Tyre (Europe) S.A.

Agom S.A. Bioggio

Tyre

Bioggio

Swiss Franc

590,000

100.00%

Pirelli Tyre (Europe) S.A.

Pirelli Société
de Services S.à r.l.

Financial

Basel

Swiss Franc

50,000

100.00%

Pirelli Tyre (Europe) S.A.

Pirelli Société Générale S.A.

Financial

Basel

Swiss Franc

28,000,000

100.00%

Pirelli & C. S.p.A.

Pirelli Tyre (Europe) S.A.

Tyre

Basel

Swiss Franc

1,000,000

100.00%

Pirelli Tyre Holland N.V.

The Netherlands

Iniziative immobiliari 3 B.V.

Real Estate

Amsterdam

Euro

4,500,000

100.00%

Pirelli & C. Real Estate S.p.A.

Omicron RE B.V.

Real Estate

Amsterdam

Euro

18,000

100.00%

Pirelli RE Netherlands B.V.

P.A.E.T. B.V.

Enviroment

Amsterdam

Euro

18,000

100.00%

Pirelli & C. Ambiente Eco Technology S.p.A.

Pirelli China Tyre N.V.

Tyre

Heinenoord

Euro

8,045,000

100.00%

Pirelli Tyre Holland N.V.

Pirelli Holding N.V.
(ex- Pirelli Tyre Holding N.V.)

Holding Company

Heinenoord

Euro

60,000,000

100.00%

Pirelli & C. S.p.A.

Pirelli RE Agency
Netherlands B.V.

Real Estate

Amsterdam

Euro

18,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli RE Integrated Facility Management B.V. (ex- Pirelli RE Facility Management Netherlands B.V.)

Real Estate

Amsterdam

Euro

18,000

51.00%

Pirelli & C. Real Estate S.p.A.

Pirelli RE Netherlands B.V.

Real Estate

Amsterdam

Euro

21,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli RE Property Management Netherlands B.V.

Real Estate

Amsterdam

Euro

18,000

100.00%

Pirelli & C. Real Estate S.p.A.

Pirelli Tyre Holland N.V.

Tyre

Heinenoord

Euro

3,045,000

100.00%

Pirelli Tyre S.p.A

Pirelli Tyres Nederland B.V.

Tyre

Heinenoord

Euro

18,152

100.00%

Pirelli Tyre (Europe) S.A.

Sigma RE B.V.

Real Estate

Amsterdam

Euro

18,000

100.00%

Pirelli RE Netherlands B.V.

Sipir Finance N.V.

Financial

Heinenoord

Euro

13,021,222

100.00%

Pirelli & C. S.p.A.

Valeratofin B.V.

Real Estate

Amsterdam

Euro

18,000

100.00%

Pirelli RE Netherlands B.V.

Turkey

Celikord A.S.

Tyre

Istanbul

Turk. Lira/mil

29,000,000

50.733%

Pirelli Tyre Holland N.V.

0.27%

Pirelli Tyre S.p.A

Turk-Pirelli Lastikleri A.S.

Tyre

Istanbul

Turk. Lira/mil

140,000,000

69.44%

Pirelli Tyre Holland N.V.

0.15%

Pirelli Tyre S.p.A

United Kingdom

Central Tyre Ltd

Tyre

London

British Pound

100,000

100.00%

Pirelli UK Tyres Ltd

CPK Auto Products Ltd

Tyre

London

British Pound

10,000

100.00%

Pirelli UK Tyres Ltd

CTC 1994 Ltd

Tyre

London

British Pound

984

100.00%

Central Tyre Ltd

Pirelli International Ltd

Financial

London

Euro

250,000,000

75.00%

Pirelli UK Tyre Holding Ltd

25.00%

Pirelli Tyre S.p.A

Pirelli Tyres Ltd

Tyre

London

British Pound

16,000,000

100.00%

Pirelli UK Tyres Ltd

Pirelli UK Finance

Financial

London

British Pound

-

100.00%

Pirelli UK Ltd

Pirelli UK Ltd

Financial Holding Company

London

British Pound

97,161,278

100.00%

Pirelli & C. S.p.A.

Pirelli UK Tyre Holding Ltd

Holding Company

London

British Pound

96,331,000

100.00%

Pirelli Tyre Holland N.V.

Pirelli UK Tyres Ltd

Tyre

London

British Pound

85,000,000

75.00%

Pirelli UK Tyre Holding Ltd

25.00%

Pirelli Tyre S.p.A

North America

Canada

Pirelli Tire Inc.

Tyre

Frederic Town (New Brunswich)

Can. $

6,000,000

100.00%

Pirelli Tyre (Europe) S.A.

U.S.A.

Pirelli Broadband Solutions North America Inc.

Telecom-
munications

Wilmington (Delaware)

US $

1

100.00%

Pireli Broadband Solutions S.p.A.

Pirelli North America Inc.

Tyre

Atlanta

US $

10

100.00%

Pirelli Tyre Holland N.V.

Pirelli Tire LLC

Tyre

Wilmington (Delaware)

US $

1

100.00%

Pirelli North America Inc.

Central/South America

Argentina

Pirelli Argentina
de Mandatos S.A.

Services

Buenos Aires

Arg. Peso

5,230,009

76.48%

Pirelli & C. S.p.A.

23.52%

Pirelli Société Générale S.A.

Pirelli Neumaticos S.A.I.C.

Tyre

Buenos Aires

Arg. Peso

101,325,176

95.00%

Pirelli Tyre Holland N.V.

5.00%

Pirelli Tyre S.p.A

Brazil

Commercial e Importadora de Pneus Ltda (ex- Pneuac Comercial e Importadora Ltda)

Tyre

Sao Paulo

Bra. Real

12,913,526

100.00%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

Cord Brasil - Industria e Comercio de Cordas para Pneumaticos Ltda

Financial

Santo Andrè

Bra. Real

80,000,000

100.00%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

Pirelli & C. Real Estate Ltda

Real Estate

Santo Andrè

Bra. Real

2,000,000

100.00%

Pirelli Ltda (ex- Pirelli S.A.)

Pirelli Ltda (ex- Pirelli S.A.)

Financial

Sao Paulo

Bra. Real

49,189,271

100.00%

Pirelli & C. S.p.A.

Pirelli Pneus Ltda
(ex- Pirelli Pneus S.A.)

Tyre

Feira de Santana

Bra. Real

341,145,811

100.00%

Pirelli Tyre S.p.A

Pirelli Pneus Nordeste Ltda

Tyre

Feira de Santana

Bra. Real

29,991,402

100.00%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

TLM - Total Logistic Management Serviços de Logistica Ltda (ex- Novacorp Consultora e Serviços Corporativos Ltda)

Holding Company

Santo Andrè

Bra. Real

6,000

99.98%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

0.02%

Cord Brasil - Industria e Comercio de Cordas para Pneumaticos Ltda

Chile

Pirelli Neumaticos Chile Limitada

Tyre

Santiago

Chile Peso

1,918,451

99.98%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

0.02%

Commercial e Importadora de Pneus Ltda (ex- Pneuac
Comercial e Importadora Ltda)

Colombia

Pirelli de Colombia S.A.

Tyre

Santa Fe De Bogota

Col. Peso /000

3,315,069

92.91%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

2.28%

Pirelli de Venezuela C.A.

1.60%

Cord Brasil - Industria e Comercio de Cordas para Pneumaticos Ltda

1.60%

Pirelli Pneus Nordeste Ltda

1.60%

Commercial e Importadora de Pneus Ltda (ex- Pneuac
Comercial e Importadora Ltda)

Mexico

Pirelli Neumaticos de Mexico S.A. de C.V.

Tyre

Mexico City

Mex Peso.

35,098,400

99.98%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

0.02%

Commercial e Importadora de Pneus Ltda (ex- Pneuac
Comercial e Importadora Ltda)

Servicios Pirelli Mexico S.A. de C.V.

Tyre

Mexico City

Mex Peso.

50,000

99.00%

Pirelli Pneus Ltda
(ex-Pirelli Pneus S.A.)

1.00%

Commercial e Importadora de Pneus Ltda (ex- Pneuac
Comercial e Importadora Ltda)

Venezuela

Pirelli de Venezuela C.A.

Tyre

Valencia

Ven.Bolivar/000

20,062,679

96.22%

Pirelli Tyre Holland N.V.

Africa

Egypt

Alexandria Tire Company S.A.E.

Tyre

Alexandria

Egv. Pound

393,000,000

89.08%

Pirelli Tyre S.p.A

0.03%

Pirelli Tyre (Europe) S.A.

International Tire Company Ltd

Tyre

Alexandria

Egv. Pound

50,000

99.80%

Alexandria Tire Company S.A.E.

South Africa

Pirelli Tyre (Pty) Ltd

Tyre

Sandton

S.A. Rand

1

100.00%

Pirelli Tyre (Europe) S.A.

Oceania

Australia

Pirelli Tyres Australia Pty Ltd

Tyre

Pymble N.S.W.

Aus. $

150,000

100.00%

Pirelli Tyre (Europe) S.A.

New Zealand

Pirelli Tyres (NZ) Ltd

Tyre

Wellington

N.Z. $

100

100.00%

Pirelli Tyres Australia Pty Ltd

Asia

China

Pirelli Scientific and Technological Consulting (Shangai) Co. Ltd

Tyre

Shangai

US $

200,000

100.00%

Pirelli China Tyre N.V.

Pirelli Tyre Co. Ltd

Tyre

Yanzhou

China
Renmimbi

800,000,000

75.00%

Pirelli China Tyre N.V.

Japan

Pirelli Japan Kabushiki Kaisha

Tyre

Tokyo

Jap. Yen

2,700,000,000

100.00%

Pirelli Tyre Holland N.V.

Singapore

Pirelli Asia Pte Ltd

Tyre

Singapore

Sing. $

2

100.00%

Pirelli Tyre (Europe) S.A.

* No voting rights

Investments accounted for by the equity method

Company

Business

Head-
quarters

Share Capital

% holding

Held by

Europe

Germany

Beteiligungsgesellschaft Einkaufszentrum Mülheim Gmbh

Real Estate

Amburg

Euro

31,000

41.17%

Pirelli & C. Real Estate Deutschland Gmbh

City Center Mülheim Grundstücksgesellschaft
mbh & Co. KG

Real Estate

Amburg

Euro

25,684,000

41.17%

Pirelli & C. Real Estate Deutschland Gmbh

Einkaufszentrum Mülheim Gmbh & Co. KG

Real Estate

Amburg

Euro

26,075,856

41.18%

Pirelli & C. Real Estate Deutschland Gmbh

Einkaufszentrum Mülheim KG

Real Estate

Amburg

Euro

18,884,000

41.17%

Pirelli & C. Real Estate Deutschland Gmbh

Gatus 372. Gmbh

Real Estate

Berlin

Euro

25,000

40.00%

Pirelli RE Residential Investment Gmbh

Grundstücksgesellschaft Merkur Hansaallee
mbh & Co. KG

Real Estate

Amburg

Euro

22,905,876

33.75%

Pirelli & C. Real Estate Deutschland Gmbh

Industriekraftwerk
Breuberg Gmbh

Cogeneration

Hoechst/Odenwald

Euro

1,533,876

26.00%

Pirelli Deutschland Gmbh

Kurpromenade 12 Timmendorfer Strand Grundstucksgesellschaft
mbh & Co. KG

Real Estate

Amburg

Euro

6,237,761

50.00%

Pirelli & C. Real Estate Deutschland Gmbh

Möller & Company
Gmbh & Co. KG

Real Estate

Amburg

Euro

100,000

40.00%

Pirelli & C. Real Estate Deutschland Gmbh

Möller & Company Verwaltungsgesellschaft mbh

Real Estate

Amburg

Euro

25,000

40.00%

Pirelli & C. Real Estate Deutschland Gmbh

Resident Berlin 1 P&K Gmbh

Real Estate

Berlin

Euro

125,000

40.00%

Pirelli RE Residential Investments Gmbh

SCM Finanzierungsberatungsgesellschaft mbh

Real Estate

Amburg

Euro

25,000

50.00%

Pirelli & C. Real Estate Deutschland Gmbh

Tizian Wohnen 1 Gmbh

Real Estate

Berlin

Euro

1,114,400

40.00%

Pirelli RE Residential Investments Gmbh

Tizian Wohnen 2 Gmbh

Real Estate

Berlin

Euro

347,450

40.00%

Pirelli RE Residential Investments Gmbh

Verwaltung Büro - und Lichtspielhaus Hansaallee Gmbh

Real Estate

Amburg

Euro

50,000

27.00%

Pirelli & C. Real Estate Deutschland Gmbh

20.00%

Grundstücksgesellschaft Merkur Hansaallee
mbh & Co. KG

Verwaltung City Center Mülheim Grundstucksgesellschaft mbh

Real Estate

Amburg

Euro

31,000

41.17%

Pirelli & C. Real Estate Deutschland Gmbh

Verwaltung Kurpromenade 12 Timmendorfer Strand Grundstucksgesellschaft
mbh & Co. KG

Real Estate

Amburg

Euro

25,565

50.00%

Pirelli & C. Real Estate Deutschland Gmbh

Verwaltung Mercado Ottensen Grundstuecksgesellschaft mbh

Real Estate

Amburg

Euro

25,565

44.00%

Pirelli RE Netherlands B.V.

50.00%

Mistral Real Estate B.V.

Italy

Altair Zander Italia S.r.l.

Real Estate

Milan

Euro

100,000

50.00%

Pirelli & C. Real Estate
Facility Management S.p.A.

Aree Urbane S.r.l.

Real Estate

Milan

Euro

307,717

34.60%

Pirelli & C. Real Estate S.p.A.

0.28%

Pirelli & C. S.p.A.

Bresso Energia S.r.l.

Real Estate

Bresso (Mi)

Euro

10,000

50.00%

Pirelli & C. Real Estate
Facility S.p.A.

Cairoli Finance S.r.l.

Real Estate

Milan

Euro

10,000

35.00%

Pirelli & C. Real Estate S.p.A.

Capitol Immobiliare S.r.l.

Real Estate

Milan

Euro

10,000

33.00%

Pirelli & C. Real Estate S.p.A.

Castello S.r.l.

Real Estate

Milan

Euro

1,170,000

49.10%

Pirelli & C. Real Estate S.p.A.

Consorzio ARP (in liquidation)

Real Estate

Rome

Euro

130,000

41.30%

Pirelli & C. Real Estate
Property Management S.p.A.

Continuum S.r.l.

Real Estate

Milan

Euro

500,000

40.00%

Pirelli & C. Real Estate S.p.A.

Dixia S.r.l.

Real Estate

Milan

Euro

2,500,000

30.00%

Pirelli & C. Real Estate S.p.A.

Elle Dieci Società
Consortile a.r.l.

Real Estate

Milan

Euro

100,000

40.00%

Pirelli & C. Real Estate
Property Management S.p.A.

Elle Tre Società Consortile a.r.l.

Real Estate

Milan

Euro

100,000

40.00%

Pirelli & C. Real Estate
Property Management S.p.A.

Erice S.r.l.

Real Estate

Milan

Euro

10,000

40.00%

Pirelli & C. Real Estate S.p.A.

Eurostazioni S.p.A.

Holding

Rome

Euro

160,000,000

32.71%

Pirelli & C. S.p.A.

Fattoria Medicea S.r.l.

Real Estate

Prato (Fi)

Euro

100,000

40.00%

Pirelli & C. Real Estate S.p.A.

Finprema S.r.l.

Real Estate

Milan

Euro

10,000

35.00%

Pirelli & C. Real Estate S.p.A.

G6 Advisor

Real Estate

Milan

Euro

50,000

42.30%

Pirelli & C. Real Estate
Agency S.p.A.

Galatea S.r.l. (in liquidation)

Real Estate

Milan

Euro

10,000

30.00%

Pirelli & C. Real Estate S.p.A.

Golfo Aranci S.p.A. - Società
di Trasformazione Urbana

Real Estate

Golfo Aranci (Ot)

Euro

1,000,000

43.80%

Pirelli & C. Real Estate S.p.A.

1.20%

Pirelli & C. Real Estate
Facility Management S.p.A.

5.00%

Centrale Immobiliare S.p.A.

Idea Granda Società
Consortile r.l.

Enviroment

Cuneo

Euro

1,292,500

49.00%

Pirelli & C. Ambiente
Renewable Energy S.p.A.

Immobiliare Prizia S.r.l.

Real Estate

Milan

Euro

469,000

36.00%

Pirelli & C. Real Estate S.p.A.

Induxia S.r.l.

Real Estate

Milan

Euro

836,300

18.00%

Pirelli & C. Real Estate S.p.A.

Iniziative Immobiliari S.r.l.

Real Estate

Gavirate (Va)

Euro

5,000,000

49.46%

Pirelli & C. Real Estate S.p.A.

Le Case di Capalbio S.r.l.

Real Estate

Milan

Euro

10,000

20.00%

Pirelli & C. Real Estate S.p.A.

Localto ReoCo S.r.l.

Real Estate

Milan

Euro

10,000

35.00%

Pirelli & C. Real Estate S.p.A.

Malaspina Energy
S.c. a r.l.

Real Estate

Milan

Euro

100,000

50.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Maro S.r.l.

Real Estate

Milan

Euro

20,000

25.00%

Pirelli & C. Real Estate S.p.A.

Masaccio S.r.l.

Real Estate

Milan

Euro

100,000

40.00%

Pirelli & C. Real Estate S.p.A.

MP Facility S.p.A.

Real Estate

Milan

Euro

1,000,000

50.00%

Pirelli & C. Real Estate
Facility Management S.p.A.

Orione Immobiliare
Prima S.p.A.

Real Estate

Milan

Euro

104,000

40.10%

Pirelli & C. Real Estate S.p.A.

Perseo S.r.l.

Services

Milan

Euro

20,000

50.00%

Pirelli & C. S.p.A.

Progetto Bicocca
la Piazza S.r.l.

Real Estate

Milan

Euro

3,151,800

26.00%

Pirelli & C. Real Estate S.p.A.

Progetto Corsico S.r.l.

Real Estate

Milan

Euro

100,000

49.00%

Pirelli & C. Real Estate S.p.A.

Progetto Fontana S.r.l.
(in liquidation)

Real Estate

Milan

Euro

10,000

23.00%

Pirelli & C. Real Estate S.p.A.

Progetto Gioberti S.r.l.

Real Estate

Milan

Euro

100,000

50.00%

Pirelli & C. Real Estate S.p.A.

Progetto Nuovo
Sant'Anna S.r.l.

Real Estate

Milan

Euro

3,000,000

49.50%

Pirelli & C. Real Estate
Facility Management S.p.A.

Quadrifoglio Milano S.p.A.

Real Estate

Rome

Euro

11,230,000

50.00%

Pirelli & C. Real Estate S.p.A.

Resi S.r.l.

Real Estate

Milan

Euro

10,000

25.00%

Pirelli & C. Real Estate S.p.A.

Rinascente/Upim S.r.l.

Real Estate

Rozzano (Mi)

Euro

10,000

20.00%

Pirelli & C. Real Estate S.p.A.

Riva dei Ronchi S.r.l.

Real Estate

Carrara

Euro

100,000

35.00%

Pirelli & C. Real Estate S.p.A.

Roca S.r.l.

Real Estate

Milan

Euro

20,000

25.00%

Pirelli & C. Real Estate S.p.A.

S.AN.CO S.c. a r.l.

Real Estate

Milan

Euro

10,000

37.50%

Pirelli & C. Real Estate
Facility Management S.p.A.

Serenergy S.r.l.

Enviroment

Milan

Euro

25,500

50.00%

Pirelli & C. Ambiente
Renewable Energy S.p.A.

SI.MA.GEST2 S.c. a r.l.

Real Estate

Turin

Euro

50,000

30.00%

Ingest Facility S.p.A.

Solaris S.r.l.

Real Estate

Milan

Euro

20,000

40.00%

Pirelli & C. Real Estate S.p.A.

Solar Utility S.p.A.

Enviroment

Milan

Euro

4,000,000

50.00%

Pirelli & C. Ambiente S.p.A.

Tamerice Immobiliare S.r.l.

Real Estate

Milan

Euro

500,000

20.00%

Pirelli & C. Real Estate S.p.A.

Telepost S.p.A.

Real Estate

Milan

Euro

120,000

20.00%

Pirelli & C. Real Estate Facility Management S.p.A.

Trixia S.r.l.

Real Estate

Milan

Euro

1,209,700

36.00%

Pirelli & C. Real Estate S.p.A.

Turismo e Immobiliare S.p.A.

Real Estate

Milan

Euro

120,000

33.30%

Pirelli & C. Real Estate S.p.A.

Vesta Finance S.r.l.

Real Estate

Milan

Euro

10,000

35.00%

Pirelli & C. Real Estate S.p.A.

Waterfront Flegreo S.p.A.

Real Estate

Milan

Euro

500,000

35.00%

Pirelli & C. Real Estate S.p.A.

Luxembourg

Afrodite S.à r.l.

Real Estate

Luxembourg

Euro

4,129,475

40.00%

Pirelli & C. Real Estate S.p.A.

Alimede Luxembourg S.à.r.l.

Real Estate

Luxembourg

Euro

12,945

35.00%

Pirelli & C. Real Estate S.p.A.

Alnitak S.à r.l.

Real Estate

Luxembourg

Euro

4,452,500

35.00%

Pirelli & C. Real Estate S.p.A.

Artemide S.à r.l.

Real Estate

Luxembourg

Euro

2,857,050

35.00%

Pirelli & C. Real Estate S.p.A.

Austin S.à.r.l.

Real Estate

Luxembourg

Euro

125,000

28.46%

Pirelli & C. Real Estate S.p.A.

Bicocca S.à r.l.

Real Estate

Luxembourg

Euro

12,500

35.00%

Pirelli & C. Real Estate S.p.A.

Colombo S.à r.l.

Real Estate

Luxembourg

Euro

960,150

35.00%

Pirelli & C. Real Estate S.p.A.

Dallas S.à.r.l.

Real Estate

Luxembourg

Euro

125,000

28.46%

Pirelli & C. Real Estate S.p.A.

Delamain S.à r.l.

Real Estate

Luxembourg

Euro

12,500

49.00%

Pirelli & C. Real Estate S.p.A.

Doria S.à r.l.

Real Estate

Luxembourg

Euro

992,850

35.00%

Pirelli & C. Real Estate S.p.A.

European NPL S.A.

Real Estate

Luxembourg

Euro

2,486,174

33.00%

Pirelli & C. Real Estate S.p.A.

IN Holdings I S.à r.l.

Real Estate

Luxembourg

Euro

4,595,725

20.50%

Pirelli & C. Real Estate S.p.A.

Inimm Due S.à r.l.

Real Estate

Luxembourg

Euro

240,950

25.00%

Pirelli & C. Real Estate S.p.A.

Nashville S.à.r.l.

Real Estate

Luxembourg

Euro

125,000

28.46%

Pirelli & C. Real Estate S.p.A.

Sicily Investments S.à.r.l.

Real Estate

Luxembourg

Euro

12,500

40.00%

Pirelli & C. Real Estate S.p.A.

Solaia RE S.à.r.l.

Real Estate

Luxembourg

Euro

12,500

35.00%

Pirelli & C. Real Estate S.p.A.

Trinacria Capital S.à.r.l.

Real Estate

Luxembourg

Euro

12,500

40.00%

Pirelli & C. Real Estate S.p.A.

Trinoro S.à r.l.

Real Estate

Luxembourg

Euro

30,000

35.00%

Pirelli & C. Real Estate S.p.A.

Vespucci S.à r.l.

Real Estate

Luxembourg

Euro

960,150

35.00%

Pirelli & C. Real Estate S.p.A.

Portugal

Espelha - Serviços
de Consultadoria Lda

Real Estate

Madeira

Euro

5,000

49.00%

Pirelli & C. Real Estate S.p.A.

Romania

SC Eco Anvelope S.A.

Tyre

Bucarest

Ron

160,000

20.00%

S.C. Pirelli Tyres Romania S.R.L.

Spain

Signus Ecovalor S.L.

Tyre

Madrid

Euro

200,000

20.00%

Pireli Neumaticos S.A.

The Netherlands

Aida RE B.V.

Real Estate

Amsterdam

Euro

18,000

40.00%

Pirelli RE Netherlands B.V.

Alceo B.V.

Real Estate

Amsterdam

Euro

18,000

33.00%

Pirelli & C. Real Estate S.p.A.

Gamma RE B.V.

Real Estate

Amsterdam

Euro

18,000

49.00%

Pirelli RE Netherlands B.V.

M.S.M.C. Italy Holding B.V.

RE Holding

Amsterdam

Euro

20,000

25.00%

Pirelli & C. Real Estate S.p.A.

Masseto 1 B.V.

Real Estate

Amsterdam

Euro

19,000

33.00%

Pirelli & C. Real Estate S.p.A.

Max B.V.

Real Estate

Amsterdam

Euro

18,000

45.00%

Pirelli & C. Real Estate S.p.A.

Mistral Real Estate B.V.

Real Estate

Amsterdam

Euro

18,000

35.00%

Pirelli & C. Real Estate S.p.A.

Polish Investments
Real Estate Holding B.V.

RE Holding

Amsterdam

Euro

20,000

40.00%

Pirelli & C. Real Estate S.p.A.

Polish Investments
Real Estate Holding II B.V.

RE Holding

Amsterdam

Euro

18,000

40.00%

Pirelli & C. Real Estate S.p.A.

Popoy Holding B.V.

RE Holding

Amsterdam

Euro

26,550

25.00%

Pirelli & C. Real Estate S.p.A.

S.I.G. RE B.V.

Real Estate

Amsterdam

Euro

18,000

36.70%

Pirelli RE Netherlands B.V.

SI Real Estate Holding B.V.
(ex- Spazio Industriale B.V.)

RE Holding

Amsterdam

Euro

763,077

25.00%

Pirelli & C. Real Estate S.p.A.

Theta RE B.V.

Real Estate

Amsterdam

Euro

18,005

40.00%

Pirelli RE Netherlands B.V.

North America

U.S.A.

Sci Roev Texas Partners L.P.

Real Estate

Dallas

US $

12,000,000

10.00%

Pirelli & C. Real Estate S.p.A.

Central/South America

Argentina

Lineas de Transmision de Buenos Aires S.A.
(in liquidation)

Services

Buenos Aires

Arg. Peso

12,000

20.00%

Pirelli Argentina
de Mandatos S.A.

Germany

Other investments considered significant as per Consob resolution no. 11971 of May 14,1999

Company

Business

Head-
quarters

Share Capital

% holding

Held by

Belgium

Euroqube S.A.
(in liquidation)

Services

Brussels

Euro

84,861,116

17.79%

Pirelli & C. S.p.A.

France

Aliapur S.A.

Tyre

Lion

Euro

262,500

14.29%

Pirelli Tyre S.p.A

Elbflorenz Hotelgesellschaft mbh & Co. KG

Real Estate

Amburg

Euro

28,223,312

19.00%

Pirelli & C. Real Estate Deutschland Gmbh

Verwaltung Elbflorenz Hotelgesellschaft mbh

Real Estate

Amburg

Deut. Mark

60,000

19.00%

Pirelli & C. Real Estate Deutschland Gmbh

Hungary

HUREC Tyre Recycling
Non-Profit Company

Tyre

Budapest

Hun. Forint

50,000,000

17.00%

Pirelli Hungary Tyre Trading
and Services Ltd

Italy

Fin. Priv. S.r.l.

Financial

Milan

Euro

20,000

14.29%

Pirelli & C. S.p.A.

Tecnocittà S.r.l.
(in liquidation)

Real Estate

Milan

Euro

547,612

12.00%

Pirelli & C. Real Estate S.p.A.

Poland

Centrum Utylizacji Opon Otganizacja Odzyseu S.A.

Tyre

Warsaw

Pol. Zloty

1,008,000

14.29%

Pirelli Polska Sp. ZO.O.

The Netherlands

MB Venture Capital Fund I Participating Company G N.V.

Financial

Amsterdam

Euro

50,000

14.00%

Pirelli Finance
(Luxembourg) S.A.

Spazio Investment N.V.

Real Estate

Amsterdam

Euro

6,096,020

14.91%

Pirelli RE Netherlands B.V.

Tunisia

Société Tunisienne
des Industries
de Pnéumatiques S.A.

Tyre

Tunis

Tun. Dinar

42,078,240

15.83%

Pirelli Tyre S.p.A

United Kingdom

Tlcom I Ltd Partnership

Financial

London

Euro

1,204

10.40%

Pirelli Finance
(Luxembourg) S.A.

U.S.A.

Avanex Corporation

Telecom-
munications

Fremont

US $

226,793,103

12.48%

Pirelli Finance
(Luxembourg) S.A.