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Santoni statement
Monday, 23 February 2009

[23.02.09] As part of our coverage of Santoni?s recent decision to cut back its workforce we requested an interview with Mr Tiberio Lonati to explain Santoni?s position on the matter. Here is the company?s response: ?Referring to the latest news on magazines and the internet sites Santoni SpA underlines the following: Due to the worldwide economic crisis and specifically 2009, Santoni SpA has been forced to temporarily reduce its production, using government aids and support (cassa integrazione) and is not firing its own employees. Santoni spa does not want to loose its existing technical and professional skills. In addition, Santoni herewith confirms its increase in its Research & Development strategy for new products in order to be one hundred percent ready for the economic recovery.?