28th April 2006 - Brembo Approves 2005 Annual Report, Appointment New Director

Brembo Shareholders’ Meeting met today at Company Headquarters and resolved:

• Approval of 2005 Annual Report and gross dividend of € 0.21 (+16.7%);

• Appointment of a new independent Director;

• Authorization to buy and sell own shares;

• Rewarding plan for the period 2006-2008;

• Extraordinary meeting: integration of the Articles of Association to allow Inter-company financing

Annual Report and Profit Allocation

Brembo Shareholders met today at the company headquarters, chaired by Alberto Bombassei and approved the Annual Report as of 31 December 2005 and the distribution of a gross dividend of € 0.21 (+16.7%) per each outstanding share. Dividend will be paid starting from 11 May 2006, by using coupon no. 14, on 8 May.

Net consolidated revenues for 2005 amount to € 711.6 million, up 4.9% over previous year. Net profit is € 40.5 million, up 2.4%.

The Parent Company Brembo S.p.A. net profit is € 8.4 million and the Shareholders resolved the following allocation:

• to the ordinary reserve € 0.2 million;

• to the Shareholders a dividend of € 0.21, made up as follows:

a) 58.7% or € 8.2 million from net profit;

b) 41.3% or € 5.8 million from extraordinary reserve.

New Director Appointed

Mr. Giovanni Cavallini, coopted by the Board of Directors on 14 November 2005 in replacement of Mr. Alberto Tazartes, was appointed Director. Mr. Cavallini fulfils the requirements to be qualified as independent.

Buy Back Program

The Shareholders resolved to renew the buyback plan which allows the Board of Directors to buy and sell during the next 18 months, up to 1.8 million shares, at a price not lower than € 0.52 and not higher than € 10.00, for the following reasons:

a) Use of own shares for potential acquisitions and/or commercial agreements with strategic partners as part of the expansion strategy of the Group;

b) Stabilization of the share price in case of lack of liquidity on the stock market;

c) Carrying out a possible stock-option plan in favour of top management.

Up to now the Company does not have any own share.

Source: Brembo Press Release