Fila Names Mr. Bruno Tufari Group Chief Financial Officer.

Business Editors

BIELLA, Italy--(BUSINESS WIRE)--Oct. 15, 2002

Fila Holding S.p.A. (NYSE:FLH) announced today the appointment of Mr. Bruno Tufari to the position of Group Chief Financial Officer, effective today. He will succeed Mr. Enzio Bermani, who had temporarily re-assumed the duties of CFO.

Prior to joining Fila, Mr. Tufari was the Vice President of Finance and Administration at Getronics Solutions Italia S.p.A. (a leading European IT services and solutions Company) for approximately 3 years, where he was responsible for financial, administrative and control activities as well as General Services, purchase and IT. Prior to Getronics, Mr. Tufari had been deputy managing director of Ansaldo Signal S.V., CFO for Ansaldo Trasporti S.p.A. (Finmeccanica Group) and held positions in finance, accounting and human resources in other major companies.

Welcoming Mr. Tufari, Mr. Isaia, Chief Executive Officer of Fila Holding S.p.A., said: I believe that, thanks to his experience and knowledge, Bruno will contribute in a significant way to our efforts to restore our financial condition and return to profitability. At the same time, once more, I would like to thank Enzio for his strong dedication and commitment to Fila.

Fila Holding S.p.A., headquartered in Biella (Italy), is a leading designer and marketer of athletic and casual footwear and of activewear, casualwear and sportswear. Fila has created strong brand recognition by marketing products with a high design and style content and by securing professional athletic endorsements, event sponsorships and licensing partnerships.