Milan, Italy, April 4, 2006 – This evening in Milan Andrea Guerra, chief executive officer of
Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), while attending the launch event of the
Persol INCOGNITO Exhibition at Milan’s La Triennale, commented: “Our results for the first
quarter of 2006 were particularly encouraging, with consolidated sales up by approximately
20% year-over-year. This performance resulted from strong results from both wholesale and
retail across all markets where the Group operates. In particular, wholesale sales to third
parties for the quarter were up significantly by approximately 30%, reflecting the continued
strength of our business.”
Luxottica Group is a global leader in eyewear, with nearly 5,500 optical and sun retail stores
mainly in North America, Asia-Pacific and China and a well-balanced portfolio that
comprises leading premium house and licensed brands, including Ray-Ban, the best selling
sun and prescription eyewear brand in the world. Among others, the Group’s brand portfolio
includes house brands Vogue, Persol, Arnette and REVO and license brands Bvlgari, Burberry,
Chanel, Dolce & Gabbana, Donna Karan, Prada, Versace and Polo Ralph Lauren, from
January 2007. Luxottica Group’s global wholesale network touches 120 countries, with a
direct presence in the key 28 eyewear markets worldwide. The Group’s products are
designed and manufactured at its six Italy-based high-quality manufacturing plants and at
the only China-based plant wholly-owned by a premium eyewear manufacturer. For fiscal
year 2005, Luxottica Group posted consolidated net sales and net income of €4.3 billion and
€342.3 million, respectively. Additional information on the Group is available at
www.luxottica.com.
Certain statements in this press release may constitute “forward-looking statements” as
defined in the Private Securities Litigation Reform Act of 1995. Such statements involve
risks, uncertainties and other factors that could cause actual results to differ materially
from those which are anticipated. Such risks and uncertainties include, but are not limited
to, fluctuations in exchange rates, economic and weather factors affecting consumer
spending, the ability to successfully introduce and market new products, the availability of
correction alternatives to prescription eyeglasses, the ability to successfully launch
initiatives to increase sales and reduce costs, the ability to effectively integrate recently
acquired businesses, including Cole National, risks that expected synergies from the
acquisition of Cole National will not be realized as planned and that the combination of
Luxottica Group’s managed vision care business with Cole National will not be as successful
as planned, the impact of the application of APB 25 (Accounting for Stock Issued to
Employees) and, as of January 1, 2006, the adoption of SFAS 123 (R) as well as other
political, economic and technological factors and other risks referred to in Luxottica Group’s
filings with the U.S. Securities and Exchange Commission. These forward-looking statements
are made as of the date hereof and Luxottica Group does not assume any obligation to
update them.
Luca Biondolillo, Head of Communications
Email: LucaBiondolillo@Luxottica.com
Tel.: +39 (335) 7870 903
Alessandra Senici, Senior Manager, Investor Relations
Email : AlessandraSenici@Luxottica.com
Tel.: +39 (335) 7743 029