Certification of the consolidated financial statements pursuant to art. 154 bis of Italian Legislative Decree 58/98
The undersigned Gerolamo Caccia Dominioni as "Chief Executive Officer", and Alberto Nathansohn as "Manager responsible for preparing the financial reports" of Benetton Group S.p.A., attest, also taking account of paragraphs 3 and 4, art. 154-bis of Italian Legislative Decree 58 of February 24, 1998:
-that the accounting and administrative processes for preparing the consolidated financial statements during the periodJanuary 1 - December 31, 2009
-have been adequate in relation to the enterprise's characteristics andhave been effectively applied.
The adequacy of the accounting and administrative processes for preparing the consolidated financial statements at December 31, 2009 has been evaluated on the basis of the Internal Control - Integrated Framework published by the Committee of Sponsoring Organizations of the Treadway Commission which represents the internationally generally accepted standard model.
They also certify that
-the consolidated financial statements:
a.have been prepared in accordance with applicable international accounting standards recognized by the European Union under Regulation (EC) 1606/2002 of the European Parliament and Council dated July 19, 2002 and subsequent additions thereto;
b.correspond to the underlying accounting records and books of account;
c.have been prepared in accordance with the International Financial Reporting Standards adopted by the European Union and with the measures implementing Italian Legislative Decree 38/2005, and are able to provide a true and fair view of the Issuer's balance sheet, results of operations and financial position and of all the companies included in the consolidation;
-the directors' report contains a reliable analysis of performance and the results of operations, and of the Issuer's position and of all the companies included in the consolidation, together with a description of the principal risks and uncertainties to which they are exposed.
March 18, 2010
Chief Executive Officer
Gerolamo Caccia Dominioni
Manager responsible for preparing the Company's financial reports
Alberto Nathansohn