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Natuzzi Announces the Appointment of Pasquale Natuzzi as CEO

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The Board of Directors of Natuzzi S.p.A. announced the appointment of Mr. Pasquale Natuzzi as new Chief Executive Officer of the Natuzzi Group, effective from October 1, 2007. Pasquale Natuzzi, who is currently Chairman of the Board of Directors and Chief Sales Officer of the Group, replaces Mr. Greco, who will continue to serve the Board of Directors as Outside Director. ABOUT NATUZZI S.P.A.: Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. designs and manufactures a broad collection of leather-upholstered residential furniture. Italy’s largest furniture manufacturer, Natuzzi is the global leader in the leather segment, exporting its innovative, high-quality sofas and armchairs to 123 markets on 5 continents. Since 1990, Natuzzi has sold its furnishings in Italy through the popular Divani & Divani by Natuzzi chain of 123 stores, and 1 Natuzzi Store. Outside Italy, the Company sells to various furniture retailers, as well as through 158 licensed Divani & Divani by Natuzzi and Natuzzi Stores.

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