Luxottica: Monthly Update on Share Buyback Program

Oct 01, 2010, 11:35 ET from Luxottica Group S.p.A.

MILAN, Italy, Oct. 1 /PRNewswire/ -- In connection with the share buyback program approved at the Shareholders' Meeting on October 29, 2009, and launched on November 16, 2009, Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX) announced today that during the month of September it purchased under that buyback program an aggregate amount of 577,014 shares on the Milan Stock Exchange's Mercato Telematico Azionario (MTA) at an average unit price of Euro 19.46 per share, for an aggregate amount of Euro 11,226,948.

In parallel, Luxottica Group's subsidiary, Arnette Optic Illusions Inc., sold during the same period on the MTA an aggregate amount of 770,773 treasury shares, at an average unit price of Euro 19.52 per share, for an aggregate amount of Euro 15,043,997.

Since the launch of the program, Luxottica Group purchased an aggregate total amount of 3,985,880 of its shares, at an average unit price of Euro 18.77 per share, for an aggregate amount of Euro 74,829,103. In parallel, Luxottica Group's subsidiary Arnette Optic Illusions Inc. sold an aggregate total amount of 4,114,780 treasury shares, at an average unit price of Euro 18.66 per share, for an aggregate amount of Euro 76,794,344.

Contacts Luxottica Group

Ivan Dompe

Group Director of Corporate Communications

Tel.: +39 (02) 8633 4726

Email: ivan.dompe@luxottica.com

Luca Biondolillo

SVP of International Corporate Communications

Tel.: +1 (516) 918 3100

Email: LBiondolillo@us.luxottica.com

Alessandra Senici

Group Director of Investor Relations

Tel.: +39 (02) 8633 4718

Email: InvestorRelations@Luxottica.com

www.luxottica.com

SOURCE Luxottica Group S.p.A.



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