The contract for the purchase by Haworth of the 58.6% of the share capital of Poltrona Frau S.p.A. from the shareholders Charme Investments Ltd. and Moschini S.r.l. has been signed. The agreed price is €2.96 per share. The transaction is subject to the approval of the competent antitrust authorities. Following the completion of the transaction, a mandatory public tender offer on Poltrona Frau S.p.A.’s shares will take place at a price of €2.96 per share, equal to the price paid by the buyer to the sellers

The sale involved Moschini S.r.l. (2%), Mubadala (1.96%), Charme Investments (0,7%) and Luca Cordero di Montezemolo. The sale transaction of 6.726.926 Poltrona Frau S.p.A. shares equal to 4,8% of the capital was successfully completed through a private placement

Milan, 27th September 2007 - Poltrona Frau Group and TATA Sons Limited (through its subsidiary Ewart Investments Limited) announce the signature of a Joint Venture Agreement for the creation of an equal partnership also related to industrial activity, that will act as the exclusive vehicle in India for the development of the Poltrona Frau Group brands. The Joint Venture will pursue the introduction and development of high-end design furniture all over India

Milan, 23rd April 2007 - Poltrona Frau S.p.A. and Mubadala Development Company PJSC announce the signature of a Joint Venture Agreement for the establishment of PF Emirates, an equal partnership that will act as the exclusive vehicle in the United Arab Emirates for the development of the Poltrona Frau Group brands both in the retail and the contract business

Poltrona Frau Group announces that the placement of shares on the STAR segment of the Italian Stock Exchange has been concluded today, with an oversubscription of more than 20 times at the upper end of the price range

Cassina, the brand that best represents Italian design in the world, is Italian again. Poltrona Frau has acquired 100% of Cassina from Fimalac (listed at the Paris Stock Exchange) and the Cassina family, thus creating the leading group on a worldwide level both for dimension and positioning in high-end furniture and design

The objective of the partnership is to create a new industrial group that, in a context increasingly oriented towards globalisation, relies on new resources and ideas to meet a specific need in the world market for furniture and luxury design