Natuzzi S.p.A. (NYSE:NTZ) ("Natuzzi" or "the Company"), today announced that the Company's financial statements for the year ended on December 31, 2005 were approved by Shareholders at the Annual Shareholders' Meeting held on April 29, 2006. As previously announced on April 10, 2006, Natuzzi reported net consolidated sales of EUR 669.9 million for the twelve months ended on December 31, 2005, down 11.1 percent from the previous year, and full year 2005 net consolidated losses of EUR 14.6 million, from net consolidated earnings of EUR 18.4 million reported in 2004. ______________________________________________________________________ ABOUT NATUZZI S.P.A. Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. designs and manufactures a broad collection of leather-upholstered residential furniture. Italy's largest furniture manufacturer, Natuzzi is the global leader in the leather segment, exporting its innovative, high-quality sofas and armchairs to 123 markets on 5 continents. Since 1990, Natuzzi has sold its furnishings in Italy through the popular Divani & Divani by Natuzzi chain of 132 stores, which it licenses to qualified furniture dealers. Outside Italy, the Company sells to various furniture retailers, as well as through 151 licensed Divani & Divani by Natuzzi and Natuzzi Stores. Natuzzi S.p.A. was listed on the New York Stock Exchange on May 13, 1993. The Company is ISO 9001 and 14001 certified. ______________________________________________________________________ www.natuzzi.com
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