MILAN, May 27 /PRNewswire-FirstCall/ -- With respect to the reassignment of new options to employee-beneficiaries of the stock option grants approved in 2006 and 2007, authorized by the Board of Directors on May 7, 2009, as required by Article 84-bis of Consob resolution no. 11971/99 (Regulations for Issuers), Luxottica Group (NYSE: LUX; MTA: LUX) announced that: (1) 85 employee-beneficiaries of the 2006 and 2007 stock option grants not domiciled in the United States surrendered the options previously granted to them under the abovementioned grants in order to be assigned new options granted by the Board of Directors on May 7, 2009. Each such beneficiary was assigned options granting the right to purchase the same number of Luxottica Group ordinary shares that were subject to the options he or she previously held pursuant to the abovementioned grants, for a total amount of 2,060,000 options. The new options were granted under the stock option plan approved by the Company's AGM on June 14, 2006; (2) 10 employee-beneficiaries of the 2006 3-year extraordinary stock option grant not domiciled in the United States surrendered the options previously granted to them under the abovementioned grant in order to be assigned new options granted by the Board of Directors on May 7, 2009. Each such beneficiary was assigned options granting the right to purchase the same number of Luxottica Group ordinary shares that were subject to the options he or she previously held pursuant to the abovementioned grant, reduced by 50%, for a total amount of 4,250,000 options. The new options were granted under the stock option plan approved by the Company's AGM on June 14, 2006. Further information is provided in the attached Table 1 of scheme 7 of Annex 3A to Regulations CONSOB n.11971/99. SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009 ORDINARY GRANT 2009 Table 1 of scheme 7 of Annex 3A to Regulations for Issuers dated 11971/99 BOX 2 Options (option grant) Section2 New options granted by the board on the basis of resolutions previously adopted by the GM Position (to be No. of Name specified only Date approved Description instruments or for individuals by shareholders of underlying Category listed by name) in AGM instrument options awarded FRANCAVILLA LUIGI Director in the company June 14, 2006 Stock option 70.000 CAVATORTA ENRICO Director in the company June 14, 2006 Stock option 70.000 BEER CHRISTOPHER Director in a subsidiary June 14, 2006 Stock option 30.000 company DALLA MORA ENRICO Director in a subsidiary June 14, 2006 Stock option 5.000 company DE MARTINI PAOLA Director in a subsidiary June 14, 2006 Stock option 15.000 company DORIGO ANDREA Director in a subsidiary June 14, 2006 Stock option 25.000 company FERRARESSO ALESSIO Director in a subsidiary June 14, 2006 Stock option 60.000 company FRANCAVILLA CLAUDIO Director in a subsidiary June 14, 2006 Stock option 60.000 company FRANCAVILLA GIANLUCA Director in a subsidiary June 14, 2006 Stock option 5.000 company GIACOBBI VALERIO Director in a subsidiary June 14, 2006 Stock option 70.000 company GREENBERG GEOFF Director in a subsidiary June 14, 2006 Stock option 5.000 company GUILHERME CARLOS Director in a subsidiary June 14, 2006 Stock option 15.000 company KLIJN ANTHONIE Director in a subsidiary June 14, 2006 Stock option 25.000 company KONG HEMIN Director in a subsidiary June 14, 2006 Stock option 30.000 company LA BORIA GIUSEPPE Director in a subsidiary June 14, 2006 Stock option 60.000 company MC CLELLAND PETER Director in a subsidiary June 14, 2006 Stock option 30.000 company MINAKAKIS GEORGE Director in a subsidiary June 14, 2006 Stock option 40.000 company MISTRON ENRICO Director in a subsidiary June 14, 2006 Stock option 60.000 company MIYAKAWA ANTONIO Director in a subsidiary June 14, 2006 Stock option 70.000 company MOLLO PAOLO Director in a subsidiary June 14, 2006 Stock option 60.000 company MUTINELLI Director MASSIMILIANO in a subsidiary June 14, 2006 Stock option 30.000 company PELA' NICOLA Director in a subsidiary June 14, 2006 Stock option 40.000 company PEZZUTTO PAOLO Director in a subsidiary June 14, 2006 Stock option 40.000 company PRADI GIORGIO Director in a subsidiary June 14, 2006 Stock option 30.000 company RENON MASSIMO Director in a subsidiary June 14, 2006 Stock option 25.000 company TAIT LUCA Director in a subsidiary June 14, 2006 Stock option 60.000 company VAGHI RICCARDO Director in a subsidiary June 14, 2006 Stock option 25.000 company VENDRAMINI MARCO Director in a subsidiary June 14, 2006 Stock option 60.000 company VIAN MASSIMO Director in a subsidiary June 14, 2006 Stock option 30.000 company WILLIAMS JOHN Director in a subsidiary June 14, 2006 Stock option 5.000 company YE YVETTE NING Director in a subsidiary June 14, 2006 Stock option 10.000 company ZAFFIN ANDREA Director in a subsidiary June 14, 2006 Stock option 5.000 company Other managers and employees June 14, 2006 Stock option 895.000 not domiciled in the United States (53) SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009 ORDINARY GRANT 2009 Table 1 of scheme 7 of Annex 3A to Regulations for Issuers dated 11971/99 BOX 2 Options (option grant) Section2 New options granted by the board on the basis of resolutions previously adopted by the GM Position (to be Date of Market Name specified award by price for or only for competent Strike instruments Expiration Category individuals governing price as at the date listed Body award date by name) (BOD) FRANCAVILLA LUIGI Director in the company May 7, May 7, 2009 euro 13,45 euro 14,843 2018 CAVATORTA ENRICO Director in the company May 7, May 7, 2009 euro 13,45 euro 14,843 2018 BEER CHRISTOPHER Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 DALLA MORA ENRICO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 DE MARTINI PAOLA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 DORIGO ANDREA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 FERRARESSO ALESSIO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 FRANCAVILLA CLAUDIO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 FRANCAVILLA GIANLUCA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 GIACOBBI VALERIO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 GREENBERG GEOFF Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 GUILHERME CARLOS Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 KLIJN ANTHONIE Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 KONG HEMIN Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 LA BORIA GIUSEPPE Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MC CLELLAND PETER Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MINAKAKIS GEORGE Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MISTRON ENRICO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MIYAKAWA ANTONIO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MOLLO PAOLO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 MUTINELLI MASSIMILIANO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 PELA' NICOLA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 PEZZUTTO PAOLO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 PRADI GIORGIO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 RENON MASSIMO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 TAIT LUCA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 VAGHI RICCARDO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 VENDRAMINI MARCO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 VIAN MASSIMO Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 WILLIAMS JOHN Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 YE YVETTE NING Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 ZAFFIN ANDREA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 Other managers and employees May 7, May 7, not domiciled 2009 euro 13,45 euro 14,843 2018 in the United States (53) SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009 EXTRAORDINARY GRANT 2009 Table 1 of scheme 7 of Annex 3A to Regulations for Issuers dated 11971/99 BOX 2 Options (option grant) Section2 New options granted by the board on the basis of resolutions previously adopted by the GM Position (to be No. of Name specified only Date approved Description instruments or for individuals by shareholders of underlying Category listed by name) in AGM instrument options awarded FRANCAVILLA LUIGI Director in the company June 14, 2006 Stock option 750.000 GUERRA ANDREA Director in the company June 14, 2006 Stock option 1.250.000 CAVATORTA ENRICO Director in the company June 14, 2006 Stock option 550.000 BEER CHRISTOPHER Director in a subsidiary June 14, 2006 Stock option 125.000 company GIACOBBI VALERIO Director in a subsidiary June 14, 2006 Stock option 550.000 company MC CLELLAND PETER Director in a subsidiary June 14, 2006 Stock option 125.000 company MINAKAKIS GEORGE Director in a subsidiary June 14, 2006 Stock option 50.000 company MIYAKAWA ANTONIO Director in a subsidiary June 14, 2006 Stock option 550.000 company PELA' NICOLA Director in a subsidiary June 14, 2006 Stock option 250.000 company Other managers and employees June 14, 2006 Stock option 50.000 not domiciled in the United States (1) SHARE-BASED PAYMENT SCHEMES - STOCK OPTION GRANT 2009 EXTRAORDINARY GRANT 2009 Table 1 of scheme 7 of Annex 3A to Regulations for Issuers dated 11971/99 BOX 2 Options (option grant) Section2 New options granted by the board on the basis of resolutions previously adopted by the GM Position (to be Date of Market Name specified award by price for or only for competent Strike instruments Expiration Category individuals governing price as at the date listed Body award date by name) (BOD) FRANCAVILLA LUIGI Director in the company May 7, May 7, 2009 euro 13,45 euro 14,843 2018 GUERRA ANDREA Director in the company May 7, May 7, 2009 euro 13,45 euro 14,843 2018 CAVATORTA ENRICO Director in the company May 7, May 7, 2009 euro 13,45 euro 14,843 2018 BEER CHRISTOPHER Director in a subsidiary May 7, May 7, 2009 euro 13,45 euro 14,843 2018 company GIACOBBI VALERIO Director in a subsidiary May 7, May 7, 2009 euro 13,45 euro 14,843 2018 company MC CLELLAND PETER Director in a subsidiary May 7, May 7, 2009 euro 13,45 euro 14,843 2018 company MINAKAKIS GEORGE Director in a subsidiary May 7, May 7, 2009 euro 13,45 euro 14,843 2018 company MIYAKAWA ANTONIO Director in a subsidiary May 7, May 7, 2009 euro 13,45 euro 14,843 2018 company PELA' NICOLA Director in a subsidiary May 7, May 7, company 2009 euro 13,45 euro 14,843 2018 Other managers and employees May 7, May 7, not domiciled 2009 euro 13,45 euro 14,843 2018 in the United States (1) DATASOURCE: Luxottica Group S.p.A. CONTACT: Media and Investors, Ivan Dompe, Group Director of Corporate Communications, +39(02)8633-4726, , or Alessandra Senici, Group Director of Investor Relations, +39(02)8633-4718, , or Luca Biondolillo, Group Director of International Communications, +39(02)8633-4668, or mobile, +39(335)7870-903, , all for Luxottica Group Web Site: http://www.luxottica.com/

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