Press release

Emak S.p.A.: Stefano Slanzi appointed General Manager

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Bagnolo in Piano (RE), 23 December 2011 -EmakS.p.A. announces that as of today Stefano Slanzi has been appointed General Manager by the Board of Directors. Slanzi succeeds Fausto Bellamico, who will keep his position as President and CEO of the company.

The appointment of Slanzi, already acting as Deputy General Manager since 1997, is part of a reorganization of the Group's governance in consequence of the acquisition of Comet Group, Tecomec Group, Sabart and Raico closed by Emak on 22 December 2011.

For additional information:

Mr. Andrea La Fata

Investor Relator

Phone (+39) 0522 956332; Fax (+39) 0522 959227

alafata@emak.it; www.emak.it

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Emak is one of the top European operators in the manufacture and distribution of outdoor power equipment for gardening, forestry, agriculture and construction such as brush cutters, lawnmowers, chainsaws, motor hoes and power cutters. Emak operates worldwide with the brands Oleo-Mac, Efco, Victus, Bertolini and Nibbi, offering a full range of products broken dowm in 23 product families and over 240 models. The Group distributes its products through 9 commercial branches and a network of nearly 20,000 dealers in more than 80 countries in all five continents. In 2010 the Emak Group realized a total turnover of € 206.8 million and counted around 1,000 employees .The parent company Emak S.p.A. has obtained the following certifications: Quality ISO 9001, Ethical SA 8000 and Environmental ISO 14001.

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