DUCATI ANNOUNCE EURO 80 MILLION CAPITAL INCREASE
May 5 2006.
Ducati release May 4th:
The Board of Directors of Ducati Motor Holding S.p.A. (NYSE: DMH) (Borsa Italiana S.p.A: DMH), met today following Consob's authorisation issued on May 3rd, 2006 to publish the prospectus relating to the offer of Ducati Motor Holding S.p.A. ordinary shares by way of subscription rights to its own shareholders pursuant to the capital increase as outlined in the press release on April 13th, 2006. The following was approved:

- the maximum number of new shares to be issued under the capital increase is 160,343,960;

- the relative issuing share price is Euro 0.4985

- the ratio between shares offered by way of subscription rights and shares owned is 1 new share per 1 owned share.

The prospectus relating to the offer will be published today. The offer period and negotiation on the stock market of subscription rights will begin on May 8th, 2006, the last day of negotiation on the stock market of subscription rights will be May 19th, 2006. The offer period will end on May 26th, 2006, which is also the last day for payment of the new shares. Subscription rights not exercised by May 26th, 2006 will be offered on the stock market by Ducati Motor Holding S.p.A., according to art. 2441, sections 3 of the Italian civil code. At present, the expected start and end dates of the period for the offer on the stock exchange of subscription rights not exercised during the offer period will be from Monday June 5th, to Friday June 9th, 2006; the definitive start and end dates of the offer on the stock market will be communicated in a press release to the market.
Furthermore, the underwriting agreement was executed today whereby UniCredit Banca Mobiliare S.p.A. and the other members of the syndicate of stand-by underwriters have undertaken to subscribe to all the shares that may remain unsubscribed to at the end of the offer period on the stock market; such undertaking does not include those shares that World Motors S.A., World Motors Red S.c.A. and World Motors White S.c.A. have committed themselves to subscribe to as a result of the exercise of all their subscription rights based on the shares of the Company that they own.