Renata Casaro, currently Head of Investor Relations, has decided to leave Bulgari to pursue other career opportunities outside the organization. Her last day at Bulgari is September 23rd 2011.

During her 11-year experience as Head of IR Renata enhanced both the Bulgari Stock’s Analyst coverage and the diversification of its Shareholder base consistently with the growing global appeal of the Bulgari Brand.

Francesco Trapani, Chief Executive Officer of the Bulgari Group, commented:

"I would like to thank Renata for her precious contribution in fostering the presence of the Bulgari Stock in the portfolios of the long-term oriented Institutional Investors world-wide over the past decade, and I wish her all the success she deserves in her new professional path".

The IR interim position will be held by Mr Francesco Trapani.