DATABANK: ECONOMIC RESULTS OF THE TOP 170 COMPANIES

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1 ECONOMY DATABANK: ECONOMIC RESULTS OF THE TOP 170 COMPANIES This is an interesting survey by Databank, carried out for Xylon, analyzing the economic and financial results of the top 170 Italian companies operating in the industries closest to woodworking that is "Woodworking machinery", "Wood and furniture-production", "Wood and furniture-sales, "Wooden windows and parquet" relating to The 50 most important companies (in terms of net turnover in 2006) were selected in the areas of "Woodworking machinery", "Wood and furniture - Production", "Wood and furniture Sales, "Wooden windows and parquet", while the top-20 were included in the Wooden windows and parquet segment. For each company, net turnover and number of employees in the 2006/2005 period were measured. For the same period, also the Roe indexes (declared result/own means) were calculated. The ranking of each company is based on the net turnover of SOME REMARKS... AT INDUSTRY LEVEL The purpose of the survey was to give a picture of the most significant (largest) manufacturers of woodworking machinery and accessories, and their customers. The overall framework can be summed up in tables 1 and 2. Four companies operating in the Woodworking Table 1 - TOP TEN: GROWTH Company Net turnover 2007 Net turnover 2006 Turnover variation (000 ) (000 ) 2007/2006 (%) Si.Ra.R. srl ,94 Bre.Ma. Brenna Macchine srl (1) ,69 Antonini Legnami srl ,19 Andrighetti Legnami spa ,25 Margaritelli Italia spa ,14 Primultini spa ,62 Cassioli srl ,19 Stromab srl ,58 Lema spa ,80 Florian Legno spa ,29 (1) The company was founded on 6 July 2006, acquiring the production branch from Bre.Ma. Brenna Macchine srl and assumed the business name. As a result of this operation, the balance closed on 31 December 2006 is referred to a period of about seven months.

2 ECONOMY Table 2 - TOP TEN: INCOME Company Roe 2007 (%) Falegnami Italia srl 88,71 Bulleri Ezio Legnami spa (1) 64,90 Primultini spa 56,33 Falcioni srl 47,37 Ferrerolegno spa 38,41 Flou spa 34,69 Flexform spa 34,32 Piva srl 31,30 Lema spa 30,69 Corali spa 29,97 (1) After the change of the closing date from 30/11 to 31/12, the 2005 balance refers to a period of thirteen months. machinery industry are included in the top ten ranking by growth rates, while two companies are included in the revenue-based top ten. Four companies of the wood and furniture industry are included in the revenue-based top ten, while one company is present in the growth-based ranking. In terms of total dimensions, 170 companies in all four areas considered represent a net turnover in 2007 in excess of 8,617 million Euros, with a 5.55 percent increase over For each of the four industries considered, the detailed composition is given in table 3. Table 3 - BALANCES Industry Number 2007 income 2006 income of Companies (000 ) (000 ) Woodworking machinery Wood and furniture Sales Wooden windows and parquets TOTAL METHOD FOR THE DEFINITION OF RANKINGS The data used in the rankings were provided directly by the companies or taken from their balance sheets. The following calculation criteria were applied: Net turnover: net turnover includes revenues from the sales of finished products, semifinished and raw materials, royalties for know-how transfer, active commissions, fees for leased-out assets and it is net of license fees, Vat, manufacturing duties, discounts and returned sales. For engineering companies, it also includes the variation of current works. Net turnover variation: it is the percent variation of net turnover over the previous year. Emplyees: employees refers to the average number of employees declared in the balance sheet. Net turnover/employees: it is the ratio between net turnover and average number of employees. Roe: Roe is the percent ratio between net profits/losses and net assets.... AND AT ORGANIZATION LEVEL The average size in terms of turnover is 41 million Euros for companies in the Woodworking machinery industry (it was 38 million Euros in 2006); 93 million Euros for Wood and furniture ; 20 million Euros for trade and 46 million Euros for Wooden windows and parquet. With a good average profitability of Woodworking machinery companies, outstanding results were achievd by Primultini and Falcioni. Six companies recorded negative values in 2007, against nine companies of previous year. Interms of growth, Bre.Ma. Brenna Macchine, Primultini, Cassioli and Stromab recorded excellent results. High productivity per employee characterized the Wood and furniture industry, with an average of 280 thousand Euros, with values above the average for Chateaux D Ax. Finally, the Wooden windows and parquet segment recorded growth for all companies (except one) and good profitability levels. di Rosy Politi Note: The ranking by turnover variation also takes into consideration possible changes in the company during the period under scrutiny, as detailed in the notes. 36 XYLON INTERNATIONAL January-February 2009

3 TOP 50 COMPANIES IN THE "WOODWORKING MACHINERY" INDUSTRY 1 Scm Group spa , ,74 20,13 2 Biesse spa , ,11 25,47 3 Cefla scarl , ,87 7,74 4 C.M.S. Costruzioni Macchine Speciali spa , ,74 24,89 5 Pneumax spa , ,81 5,22 6 Pozzo spa (1) , ,85 31,90 7 Imal srl , ,95 24,20 8 Costa Levigatrici spa , ,50 13,55 9 Giardina Officine Aeromeccaniche spa , ,44 0,54 10 Masterwood spa , ,11 4,90 11 Cassioli srl , ,79 8,77 12 Griggio spa , ,30 3,13 13 Italpresse Engineering spa , ,65 0,34 14 Busellato spa ,70 n.d. n.c. -0,20-149,73 15 Ormamacchine spa , ,60-6,84 16 Num spa , ,17 73,40 17 Giben International spa , ,92-3,11 18 Angelo Cremona spa , ,22 9,48 19 Sicar spa , ,44 0,74 20 Pezzolato Off. Costruz. Meccaniche spa , ,40 0,89 21 I.M.E.A.S. spa , ,10 21,61 22 Stark spa , ,80-24,42 23 Sorbini srl , ,16 19,70 24 Coral spa , ,84 3,46 25 Storti spa , ,47-13,09 26 Corali spa , ,97 10,95 27 Paolino Bacci srl , ,20 26,12 28 Vitap Costruzioni Meccaniche srl , ,37 6,14 29 Omga spa , ,76-2,28 30 Makor srl , ,17 18,42 31 Elmag spa , ,90 6,51 32 Osai srl , ,75-8,42 33 Centauro spa , ,40 1,99 34 Bre.Ma. Brenna Macchine srl (2) , ,53 18,52 35 Paoloni Macchine srl , ,10 7,24 36 Delmac spa , ,69-227,01 37 Viet spa , ,69 106,38 38 Uniteam srl , ,28 71,67 39 G.M.C. Service srl , ,60 8,51 40 Sueri Alfredo spa , ,40 0,44 41 Primultini spa , ,33 9,27 42 Falcioni srl , ,37 117,47 43 Centro Macchine Legno srl ,34 n.d. n.s. 0,26 3,24 44 Pertici spa , ,35 1,74 45 Maggi Engineering srl , ,50 9,42 46 Friulmac spa , ,84 6,22 47 Centro Tecnologico Italiano Sag spa , ,36 n.s. 48 Celaschi spa , n.s. n.s. 49 Stromab srl , ,16 4,96 50 Baschild srl , ,81 8,54 January-February 2009 XYLON INTERNATIONAL 37

4 TOP 50 COMPANIES IN THE "WOOD AND FURNITURE-PRODUCTION" INDUSTRY 1 Natuzzi spa , ,18-4,08 2 Fantoni spa , ,65 2,86 3 Chateau D Ax spa , ,07 6,02 4 Frati Luigi spa , ,51-15,86 5 Scavolini spa , ,85 17,99 6 B & B Italia spa , ,01-34,13 7 Gruppo Trombini spa , ,60 1,46 8 Sama spa , ,57 1,01 9 Cucine Lube srl , ,21 13,40 10 Veneta Cucine spa , ,07 0,43 11 Snaidero R. spa , ,18 1,79 12 Santarossa spa , ,44 19,94 13 Cassina spa , ,39 11,28 14 Poliform spa , ,56 10,90 15 Poltrona Frau srl , ,37 5,33 16 Estel Office spa , ,97-3,98 17 Molteni & C. spa , ,17 4,60 18 Aran World srl , ,11-1,88 19 Unifor spa , ,12 12,80 20 S.A.I.B. spa , ,80 0,16 21 Nicoletti spa ,12 n.d. n.c. -81,20-24,61 22 Berloni spa , ,14 0,35 23 Haworth spa , ,26-24,45 24 Stosa spa , ,29 14,30 25 Incanto Group srl , ,74-0,36 26 Frezza srl , ,58 12,46 27 Las Mobili srl , ,59 3,00 28 Reni Ettore spa , ,77 0,49 29 Selva spa , ,73 1,33 30 Pianca spa , ,06 0,98 31 Lema spa , ,69-23,79 32 A.L.F. Uno spa , ,93-3,05 33 Flexform spa , ,32 47,21 34 Boffi spa , ,43 21,76 35 Effezeta srl , ,06-21,66 36 Ipae - Progarden spa , ,00-30,51 37 Record Cucine srl , ,27-3,47 38 Faram spa , ,18 27,47 39 Knoll International Italia spa , ,05 5,19 40 Valcucine spa , ,61 14,51 41 Mobilificio Florida spa , ,97 0,46 42 Europeo spa , ,18-3,21 43 Arrital Cucine spa , ,72 0,33 44 Flou spa , ,69 50,50 45 Arrex 1 spa , ,49 8,98 46 Falegnami Italia srl , ,71 84,64 47 Invernizzi srl ,84 n.d. n.c. 17,06 0,63 48 Febal Cucine spa , ,38 0,65 49 Del Tongo Industrie spa , ,18 0,38 50 Moroso spa , ,94 29,57 January-February 2009 XYLON INTERNATIONAL 39

5 ECONOMY TOP 50 COMPANIES IN THE "WOOD AND FURNITURE-SALES" INDUSTRY 1 Corà Domenico & figli spa , ,70 1,44 2 Imola Legno spa , ,80 2,70 3 Florian Legno spa , ,30 19,30 4 Bellotti spa , ,40 7,21 5 Società Legnami Paganoni spa , ,60 1,50 6 Pino Legnami spa , ,50 1,21 7 Piarottolegno spa , ,40 0,90 8 A.L.A. Legnami spa , ,40 0,50 9 Galifi srl , ,50 13,20 10 Panalex srl ,89 n.d. n.c. 14,90 24,90 11 Gatti Legnami spa , ,40 6,40 12 Andrighetti Legnami spa , ,00 2,30 13 Pe Pietro Legnami spa , ,40 1,38 14 Doriguzzi Mario spa , ,50 1,10 15 Michele Alfano Legnameria Italiana spa , ,40 0,07 16 Fratelli Gallo spa , ,30 2,05 17 Antonini Legnami srl , ,50 26,30 18 Co.Mo.L.A.S. srl , ,50 0,50 19 Lo Castro spa , ,40-1,20 20 T.T.S. Italia spa , ,40-59,70 21 J.M.E.L. Jesolana Materiali Edili e Legnami srl , ,60 0,90 22 G. Luvisoni & Co. srl , ,90 12,60 23 Tramontina spa , ,80 0,60 24 Albricci srl , ,60 13,53 25 Si.Ra.R. srl , ,60 0,50 26 Piva srl , ,30 26,80 27 Itallegno spa , ,80 2,20 28 Serugeri Comm. Carmine e C. srl , ,30 8,80 29 Dal Lago spa , ,70 8,45 30 Mirrione Francesco Legnami srl ,57 n.d. n.c. 11,00 14,90 31 Giorgio Marin spa , ,80 1,68 32 Arduini Legnami spa , ,50 0,60 33 E. Comotti spa , ,00 19,50 34 Veneta Legnami spa , ,70-6,10 35 Legnami Crippa spa ,74 n.d. n.c. 3,30 12,00 36 F.lli Bertolazzi Giuseppe e Fernando srl ,69 n.d. n.c. 11,60 12,20 37 Baldovin Legnami spa , ,30 15,10 38 L.T.A. Legnami srl ,28 n.d. n.c. -3,50-16,60 39 Gaspare Mirrione spa ,83 n.d. n.c. 4,30 3,30 40 Legnami Scarpaci Giuseppe srl ,07 n.d. n.c. 22,20 24,10 41 Derwood srl ,14 n.d. n.c. 5,90 4,80 42 Costa Imballaggi srl , ,40-1,40 43 Bulleri Ezio Legnami spa (3) , ,90-313,90 44 Bagnara Legnami srl (4) ,88 n.d. n.c. -12,60-4,80 45 Barbieri Legnami srl ,48 n.d. n.c. 8,00 7,00 46 Orazio Salvo e Figli srl ,67 n.d. n.c. 16,90 18,90 47 I.F.I. - Iniziative Forestali Industriali spa ,40 4 n.c. 1,50-6,80 48 Alessandro Dianese Legnami srl ,43 n.d. n.c. -36,00 1,30 49 Ferimex Tropi - Co. srl ,60 n.d. n.c. 3,60-45,00 50 Fiocchi Importlegno srl ,49 n.d. n.c. 3,60 6,10 40 XYLON INTERNATIONAL January-February 2009

6 TOP 20 COMPANIES IN THE WOODEN WINDOWS AND PARQUET SEGMENT 1 Margaritelli Italia spa , ,30-0,97 2 Cocif scarl , ,66 8,04 3 Cormo scarl , ,45 11, Elle La Lavorazione del Legno scarl , ,34 9,45 5 Piero della Valentina & C. spa , ,90 4,32 6 Scrigno srl , ,65 9,00 7 Coop. Legno scarl , ,16 7,80 8 Garofoli spa , ,40 43,15 9 Pail Serramenti srl , ,17-0,13 10 Nusco Porte spa , ,61 4,13 11 Lavoranti in Legno scarl , ,34 18,94 12 Ferrerolegno spa , ,41 28,95 13 Tre P & Tre Più spa , ,68 0,93 14 Silverox spa , ,03 20,16 15 Effebiquattro spa , ,35 4,86 16 Gazzotti srl , ,50 5,68 17 Albertini spa , ,47 1,89 18 Comeca spa , ,82 2,83 19 Barausse spa , ,66 40,54 20 G. D. Dorigo spa , ,79 8,85 NOTES n.a. = not available n.s. = not significant n.c. = not calculable 1) On 2 January 2007 the company transferred one branch of its activity to Freud produzioni industriali. As of 2 January 2007 the company has incorporated through a merger the Casals Italia srl. 2) The company was founded on 6 July 2006, acquiring the production branch from Bre.Ma. Brenna Macchine srl and assumed the business name. As a result of this operation, the balance closed on 31 December 2006 is referred to a period of about seven months. 3) The balance referring to the year 2006 covers a financial period of 23 months. 4) The balance referring to the year 2006 represents the first financial year of the company and it refers to a period of fifteen months. January-February 2009 XYLON INTERNATIONAL 41