THE BOARD OF DIRECTORS APPROVES RESULTS AT 31 MARCH 2013



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THE BOARD OF DIRECTORS APPROVES RESULTS AT 31 MARCH 2013 31/03/2013 31/03/2012 Amounts in millions of euro Amount % Revenues 223.5 151.2 72.3 47.8% Operating costs 156.7 146.6 10.1 6.9% Amortisation, write-downs and provisions 43.7 39.6 4.1 10.4% Operating result 23.1 (35.0) 58.1 - Net result 13.8 (39.5) 53.4 - Amounts in millions of euro 2012/2013 2011/2012 Amount % Revenues 74.1 65.9 8.2 12.4% Operating costs 54.8 55.3 (0.5) -0.9% Amortisation, write-downs and provisions 13.5 13.8 (0.3) -2.2% Operating result 5.8 (3.3) 9.1 - Net result 2.6 (4.9) 7.5 - At 31/03/2013 At 30/06/2012 Amount % Shareholders equity 78.4 64.6 13.8 - Net financial debt 160.9 127.7 33.2 - Continuing the trend of solid improvement in the economic performance, the first nine months of the 2012/2013 financial year ended with profit of 13.8 million, posting a positive change of 53.4 million against the loss of 39.5 million registered in the same period a year earlier. The forecast for the year 2012/2013 is a loss, but with a significant improvement over the previous year *.*.* Turin, 9 May 2013 The Board of Directors of Juventus Football Club S.p.A., chaired by Andrea Agnelli, has approved the Interim Management Statements at 31 March 2013. On opening the meeting, the Board of Directors expressed its satisfaction, for the second year in a row, for the Italian Championship title, and congratulated the players, technicians, management and employees who all contributed to this prestigious achievement. Highlights To correctly assess the interim data, note that the economic trend of the Company is characterised by a strong seasonal nature, typical of the sector, basically determined by the calendar of sports events and by the two phases of the football player Transfer Campaign. Continuing the trend of solid improvement in the economic performance, the first nine months of the 2012/2013 financial year ended with profit of 13.8 million, posting a

positive change of 53.4 million against the loss of 39.5 million registered in the same period a year earlier. This positive change is the result of the 72.3 million increase in revenues, of which 51.9 million was due to television income related to the UEFA Champions League, a small increase in operating costs of 10.1 million, as well as other net negative changes of 8.8 million. These include higher amortisation of fixed assets ( 1.5 million), higher net provisions ( 3.1 million), higher net financial expenses ( 1.7 million ), lower amortisation of players' registration rights ( 0.6 million) and finally, higher taxes ( 3 million). Shareholders equity at 31 March 2013 amounted to 78.4 million, registering an increase compared to the balance of 64.6 million at 30 June 2012, largely due to the profit of the period ( +13.8 million). Net financial debt amounted to 160.9 million, registering an increase of 33.2 million compared to the balance of 127.7 million at 30 June 2012. This increase is mainly due to investments ( -68.5 million), partially offset by cash generated from operations ( +40.3 million) and by other minor variations ( -5 million). The breakdown between current and non-current net financial debt at the end of the two periods is shown below. Amounts in millions of euro 31/03/2013 30/06/2012 Current Non-current Total Current Non-current Total Financial assets* - 4.1 4.1-4.1 4.1 Cash and cash equivalents 5.1-5.1 0.7-0.7 Total financial assets 5.1 4.1 9.2 0.7 4.1 4.8 Financial payables due to leasing companies (2.2) (12.4) (14.6) (2.2) (14.0) (16.2) due to the Istituto per il Credito Sportivo (4.7) (49.9) (54.6) (4.1) (52.0) (56.1) due to banks (64.5) - (64.5) (54.4) - (54.4) due to factoring companies (35.6) - (35.6) (5.0) - (5.0) Other financial liabilities - (0.8) (0.8) - (0.8) (0.8) Total financial liabilities (107.0) (63.1) (170.1) (65.7) (66.8) (132.5) Net financial debt (101.9) (59.0) (160.9) (65.0) (62.7) (127.7) * This item is included as it refers to cash deposits in a current account pledged as collateral on the Istituto per il Credito Sportivo loan, recorded with financial payables. Profit for the third quarter 2012/2013 amounted to 2.6 million, increasing by 7.5 million compared to the loss registered for the same period of the previous financial year ( -4.9 million). The positive change is substantially due to greater television and radio rights and media revenues ( +10.1 million), lower players wages and technical staff costs ( +2.6 million) and lower amortisation of players registration rights ( +1.7 million). These positive changes were partially offset by lower net revenues from players' registration rights ( -4.9 million) and higher amortisation of other fixed assets ( -1.9 million).

Significant events Football season On 5 May the First Team won the Serie A Championship 2012/2013 three matches to spare (31st league title in the team's history) and obtained direct access to the Group Stage of the next UEFA Champions League 2013/2014. As regards other competitions, the First Team reached the semifinals of the Italian Cup and the quarter-finals of the UEFA Champions League. In April, the Primavera Team won the Italian Cup in its category. Transfer Campaign 2012/2013 At the end of the second phase held in January 2013, the transactions completed during the 2012/2013 Transfer Campaign led net invested capital to rise by a total of 52.2 million, as a result of acquisitions totalling 67.9 million and disposals totalling 15.7 million (net book value of the rights disposed). The net gains generated by the disposals total 8.2 million. The net total financial commitment (including capitalised auxiliary expenses as well as financial income and expenses implicit on deferred receipts and payments) comes to 45,6 million, distributed as follows: 28.3 million in the 2012/2013 financial year, 8.9 million in the 2013/2014 financial year, and 8.4 million in the 2014/2015 financial year. Renewal of players' contracts Taking effect as of 1 February 2013, the player's contract of the player Gianluigi Buffon was renewed until 30 June 2015. This extension will lead to lower amortisations for 1.4 million in the 2012/2013 financial year. Business outlook The forecast for the 2012/2013 financial year is for a loss, although with a significant improvement over the previous year due to the fact that the negative economic effects (amortisation and salaries) resulting from the renewal process for the First Team bench and the achievement of excellent sports results have been offset by revenues to the Company from the participation in the UEFA Champions League and further moderate increase in revenues from the stadium and television and radio rights. *.*.* Pursuant to Article 154 bis (2) of the Consolidated Law on Finance the manager responsible for preparing the Company s financial reports Marco Re declares that the accounting information contained in this press release corresponds to the document results, books and accounting records. PRESS OFFICE Claudio Albanese Tel. +39 011.6563448 claudio.albanese@juventus.com INVESTOR RELATIONS Marco Re Tel. +39 011.6563403 investor.relations@juventus.com

STATEMENT OF FINANCIAL POSITION Amounts in euros 31/03/2013 30/06/2012 Non-current assets Players registration rights 134,220,955 118,094,687 16,126,268 Other intangible assets 30,336,789 30,258,034 78,755 Intangible assets in progress 10,000 10,000 - Land and buildings 125,547,103 127,023,632 (1,476,529) Other tangible assets 34,102,203 37,841,039 (3,738,836) Tangible assets in progress 327,378 569,821 (242,443) Non-current financial assets 4,100,000 4,100,000 - Deferred tax assets 4,178,314 4,232,742 (54,428) Receivables due from football clubs for transfer campaigns 21,581,261 11,663,758 9,917,503 Other non-current assets 3,176,704 19,948,093 (16,771,389) Total non-current assets 357,580,707 353,741,806 3,838,901 Current assets Trade receivables 29,798,136 25,469,586 4,328,550 Non financial receivables from related parties 868,221 409,955 458,266 Receivables due from football clubs for transfer campaigns 41,990,590 29,170,545 12,820,045 Other current assets 20,145,762 4,012,633 16,133,129 Cash and cash equivalents 5,139,973 653,650 4,486,323 Total current assets 97,942,682 59,716,369 38,226,313 Advances to suppliers Non-current advances to suppliers 12,583,623 12,690,566 (106,943) Current advances to suppliers 11,162,609 1,631,606 9,531,003 Total advances to suppliers 23,746,232 14,322,172 9,424,060 TOTAL ASSETS 479,269,621 427,780,347 51,489,274

STATEMENT OF FINANCIAL POSITION Amounts in euros 31/03/2013 30/06/2012 Shareholders' Equity Share capital 8,182,133 8,182,133 - Share premium reserve 57,131,035 105,840,013 (48,708,978) Cash flow hedge reserve (743,227) (759,013) 15,786 Net result 13,839,192 (48,654,550) 62,493,742 Shareholders equity 78,409,133 64,608,583 13,800,550 Non-current liabilities Provisions for employee benefits 2,043,989 2,043,989 - Loans and other financial payables 62,328,748 66,041,639 (3,712,891) Non current financial liabilities 743,227 759,013 (15,786) Payables due to football clubs for transfer campaigns 29,305,031 29,281,315 23,716 Deferred tax liabilities 5,318,987 5,437,911 (118,924) Other non-current liabilities 440,362 1,014,592 (574,230) Total non-current liabilities 100,180,344 104,578,459 (4,398,115) Current liabilities Provisions for risks and charges 1,534,214 5,753,265 (4,219,051) Loans and other financial payables 107,008,590 65,650,478 41,358,112 Current financial liabilities 15,221 12,500 2,721 Trade payables 13,613,994 16,938,746 (3,324,752) Non financial payables due to related parties 472,627 913,946 (441,319) Payables due to football clubs for transfer campaigns 73,014,914 63,624,814 9,390,100 Other current liabilities 40,217,037 40,989,152 (772,115) Total current liabilities 235,876,597 193,882,901 41,993,696 Advances from customers Non-current advances from customers 40,900,473 44,662,005 (3,761,532) Current advances from customers 23,903,074 20,048,399 3,854,675 Total advances from customers 64,803,547 64,710,404 93,143 TOTAL LIABILITIES 479,269,621 427,780,347 51,489,274

INCOME STATEMENT 30/06/2012 Amounts in euros 31/03/2013 31/03/2012 31,824,261 Ticket sales 30,585,325 23,866,281 6,719,044 90,581,926 Television and radio rights and media revenues 131,374,708 66,489,473 64,885,235 53,452,409 Revenues from sponsorship and advertising 37,218,128 35,880,820 1,337,308 18,433,501 Revenues from players registration rights 10,740,016 16,849,686 (6,109,670) 19,494,134 Other revenues 13,628,857 8,150,144 5,478,713 213,786,231 Total revenues 223,547,034 151,236,404 72,310,630 (2,588,125) Purchase of materials, supplies and other consumables (2,339,523) (2,170,401) (169,122) (41,162,241) External services (32,558,180) (28,770,590) (3,787,590) (137,131,802) Players wages and technical staff costs (101,081,854) (99,735,869) (1,345,985) (12,959,489) Other personnel (8,627,339) (7,625,844) (1,001,495) (6,297,027) Expenses from players registration rights (4,694,836) (3,886,163) (808,673) (6,179,816) Other expenses (7,438,184) (4,403,907) (3,034,277) (206,318,500) Total operating costs (156,739,916) (146,592,774) (10,147,142) (52,304,836) Amortisation and write-downs of players registration rights (36,115,250) (36,711,052) 595,802 (6,794,484) Amortisation of other tangible and intangible assets (6,281,919) (4,788,584) (1,493,335) 10,443,216 Provisions and other write-downs/reverses and releases (1,298,024) 1,827,947 (3,125,971) (41,188,373) Operating income 23,111,925 (35,028,059) 58,139,984 1,380,876 Financial income 1,770,448 1,046,886 723,562 (6,111,132) Financial expenses (6,922,167) (4,466,821) (2,455,346) (45,918,629) Income/(loss) before taxes 17,960,206 (38,447,994) 56,408,200 (3,788,628) Current taxes (4,239,938) (2,123,050) (2,116,888) 1,052,707 Deferred taxes 118,924 1,042,260 (923,336) (48,654,550) INCOME/(LOSS) FOR THE PERIOD 13,839,192 (39,528,784) 53,367,976 (0.09) BASIC INCOME/(LOSS) PER SHARE FOR THE PERIOD 0.01 (0.10) 0.11 STATEMENT OF COMPREHENSIVE INCOME 30/06/2012 Amounts in euros 31/03/2013 31/03/2012 (48,654,550) INCOME/(LOSS) FOR THE PERIOD (A) 13,839,192 (39,528,784) 53,367,976 (720,658) Other income (loss) recorded in cash flow hedge reserve 15,786 (641,552) 657,338 - Fiscal effect related to other income (loss) - - - (720,658) Total other income (loss), net of the fiscal effect (B) 15,786 (641,552) 657,338 (49,375,208) COMPREHENSIVE INCOME/(LOSS) (A+B) 13,854,978 (40,170,336) 54,025,314

INCOME STATEMENT FOR THE THIRD QUARTER OF 2012/2013 Amounts in euro 2012/2013 2011/2012 Ticket sales 10,944,989 9,849,768 1,095,221 Television and radio rights and media revenues 40,829,557 30,762,961 10,066,596 Revenues from sponsorship and advertising 12,729,385 11,948,312 781,073 Revenues from players registration rights 4,106,237 9,831,322 (5,725,085) Other revenues 5,519,197 3,469,415 2,049,782 Total revenues 74,129,365 65,861,778 8,267,587 Purchase of materials, supplies and other consumables (646,964) (693,831) 46,867 External services (10,821,667) (9,744,630) (1,077,037) Players wages and technical staff costs (35,440,659) (38,037,823) 2,597,164 Other personnel (3,007,392) (2,678,094) (329,298) Expenses from players registration rights (1,538,928) (2,406,109) 867,181 Other expenses (3,341,528) (1,779,366) (1,562,162) Total operating costs (54,797,138) (55,339,853) 542,715 Amortisation and write-downs of players registration rights (11,897,806) (13,593,614) 1,695,808 Other amortisation, provisions and release of provisions (2,239,837) (312,076) (1,927,761) Provisions and other write-downs/reverses and releases 625,450 120,948 504,502 Operating income 5,820,034 (3,262,817) 9,082,851 Financial income 572,530 300,982 271,548 Financial expenses (2,215,208) (1,578,291) (636,917) Income/(loss) before taxes 4,177,356 (4,540,126) 8,717,482 Current taxes (1,653,782) (707,683) (946,099) Deferred taxes 39,641 347,420 (307,779) INCOME/(LOSS) FOR THE PERIOD 2,563,215 (4,900,389) 7,463,604 BASIC INCOME/(LOSS) PER SHARE FOR THE PERIOD 0.003 (0.01) 0.01 STATEMENT OF COMPREHENSIVE INCOME FOR THE THIRD QUARTER OF 2012/2013 Amounts in euros 2012/2013 2011/2012 INCOME/(LOSS) FOR THE PERIOD (A) 2,563,215 (4,900,389) 7,463,604 Other income (loss) recorded in cash flow hedge reserve 117,280 (67,414) 184,694 Fiscal effect related to other income (loss) - - - Total other income (loss), net of the fiscal effect (B) 117,280 (67,414) 184,694 COMPREHENSIVE INCOME/(LOSS) (A+B) 2,680,495 (4,967,803) 7,648,298