-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 CpL1nkc4p5GEYC79zLYNd3+K0PpqST9RdhlweX8RrPD+0LEUr9xthpTGiriGRhaG
 0BsoLfVAp1NKQM9DhyjRgA==

<SEC-DOCUMENT>0001157523-08-008217.txt : 20081022
<SEC-HEADER>0001157523-08-008217.hdr.sgml : 20081022
<ACCEPTANCE-DATETIME>20081022101440
ACCESSION NUMBER:		0001157523-08-008217
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081022
FILED AS OF DATE:		20081022
DATE AS OF CHANGE:		20081022

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATUZZI S P A
		CENTRAL INDEX KEY:			0000900391
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD FURNITURE [2510]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11854
		FILM NUMBER:		081134603

	BUSINESS ADDRESS:	
		STREET 1:		VIA IAZZITIELLO 47
		CITY:			SANTERAMO ITALY
		STATE:			L6
		ZIP:			70029

	MAIL ADDRESS:	
		STREET 1:		VIA IAZZITIELLO 47
		CITY:			SANTERAMO ITALTY
		STATE:			L6
		ZIP:			999999999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATUZZI INDUSTRIES SPA
		DATE OF NAME CHANGE:	19950823
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a5810448.htm
<DESCRIPTION>NATUZZI S.P.A. 6-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2008 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: right">
      <font style="font-size: 10pt; font-family: Times New Roman">CONFORMED</font>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman">Securities
      and Exchange Commission</font><br><font style="font-size: 12pt; font-family: Times New Roman">Washington,
      D.C. 20549</font><br><br><br><font style="font-size: 18pt; font-family: Times New Roman"><b>FORM
      6-K</b></font><br><br><br><font style="font-size: 12pt; font-family: Times New Roman">Report
      of Foreign Issuer</font><br><font style="font-size: 12pt; font-family: Times New Roman">Pursuant
      To Rule 13a-16 Or 15d-16</font><br><font style="font-size: 12pt; font-family: Times New Roman">Of
      The</font><br><font style="font-size: 12pt; font-family: Times New Roman">Securities
      Exchange Act of 1934</font><br><br>
    </p>
    <div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; font-family: Times New Roman; width: 100%" cellspacing="0">
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 33%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            For the month of October 2008
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 34%">
          &#160;
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: right; width: 33%">
          Commission File Number 1-11854
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-size: 18pt"><b>NATUZZI S.p.A.</b></font><br><font style="font-size: 10pt; font-family: Times New Roman">(Translation
      of Registrant's name into English)</font><br><br><br><font style="font-size: 10pt; font-family: Times New Roman">Via&#160;Iazzitiello
      47</font><br><font style="font-size: 10pt; font-family: Times New Roman">70029
      </font><font style="font-size: 10pt">Santeramo, Italy</font><br><font style="font-size: 10pt">(Address
      of principal office)</font><br>
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">(Indicate by
      check mark whether the registrant files or will file annual reports
      under cover of Form 20-F or Form 40-F.)</font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">(Check
      One)&#160;Form 20-F</font><u><font style="font-size: 10pt; font-family: Times New Roman">&#160;&#160;&#160;X&#160;&#160;&#160;&#160;</font></u><font style="font-size: 10pt; font-family: Times New Roman">
      &#160;&#160;&#160;Form 40-F</font><u><font style="font-size: 10pt; font-family: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></u>
    </p>
    <p style="text-indent: 30.0px; text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">(Indicate by
      check mark whether the registrant by furnishing the information
      contained in this form is also thereby furnishing the information to the
      Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
      of 1934.)</font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">(Check One)
      Yes </font><u><font style="font-size: 10pt; font-family: Times New Roman">&#160;&#160;&#160;&#160;&#160;&#160;
      </font></u><font style="font-size: 10pt; font-family: Times New Roman">&#160;&#160;
      No </font><u><font style="font-size: 10pt; font-family: Times New Roman">&#160;&#160;&#160;&#160;X&#160;&#160;&#160;&#160;&#160;</font></u>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">(If &quot;Yes&quot; is
      marked, indicate below the file number assigned to the registrant in
      connection with Rule 12g3-2(b). 82-___) </font>
    </p>
    <p style="text-indent: 30.0px">

    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: right">

    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Natuzzi&#8217;s
      Board of Directors Approves the Business Plan 2009-2011</b></font>
    </p>
    <p>
      SANTERAMO IN COLLE, Bari, Italy--(BUSINESS WIRE)--October 22,
      2008--Natuzzi S.p.A. (NYSE:NTZ) (&#8216;Natuzzi&#8217; or &#8216;the Group&#8217;), the world&#8217;s
      leading manufacturer of leather-upholstered furniture, today announces
      that the Board of Directors has approved the Business Plan (the &#8220;Plan&#8221;)
      related to the three-year period 2009-2011 (the &#8220;period&#8221;) aimed at
      drastically increasing sales and profitability over the same period
      through focused strategies.
    </p>
    <p>
      The current challenging business environment, particularly the global
      financial market crisis and the low consumer confidence, is seen by the
      Group as an opportunity to improve its results thanks to its global
      footprint and reach that will help to leverage its performance in each
      individual market, thanks to its solid consolidated balance sheet
      characterized by a minimum exposure toward the banking system and sound
      net financial position which should allow the Group to self finance the
      operational and investment projects defined in the Plan.
    </p>
    <p>
      The Plan, called 11-1-15 aims at achieving at the end of 2011 about
      EUR1.0 billion of consolidated net sales, with EBIT over the same period
      targeted to be approximately 15% of consolidated net sales.
    </p>
    <p>
      The main guidelines of the Plan include:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        increase in the Top Line by: leveraging the current critical mass in
        Europe; penetrating three key emerging markets where the Group has no
        significant business today: Brazil, Russia and India; supporting the
        strong growth in Asia and continuing the recovery in the North
        American market;
      </li>
      <li style="margin-bottom: 10.0px">
        focus of the Brand Strategy worldwide, with the Natuzzi Brand and
        Italsofa Brand targeting different consumer segments in order to
        capture all the potential opportunities:
      </li>
    </ul>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      i) the Natuzzi brand addressing the high-end segment of the market by
      offering unique and personalized &#8220;total living&#8221; concepts and leveraging
      on a wide range of sofas, furniture and accessories. The Group is
      committed to position Natuzzi as premium lifestyle brand,
    </p>
    <p>
      ii) the Italsofa brand, targeting young and dynamic consumers and
      starting to generate new concepts and products for the New Internet
      Generation (Italsofa Gen I project);
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        strengthening of the Advertising and Marketing investments in order to
        support the creation of a strong Consumer Brand Awareness;
      </li>
      <li style="margin-bottom: 10.0px">
        drastic reduction in Production Costs by leveraging the existing
        manufacturing plants to serve the Regions in which they are located in
        order to generate a shorter Route To Market, a better customer service
        and improved efficiencies throughout the entire supply chain.
        Rationalization of the current Manufacturing Facilities and opening of
        a Production Site in North America. Launch of a LEAN program for all
        of the Facilities;
      </li>
      <li style="margin-bottom: 10.0px">
        strict control over General and Administrative expenses;
      </li>
      <li style="margin-bottom: 10.0px">
        rationalization of the Current Retail Network and subsequent expansion
        with the goal of almost doubling the number of the Group&#8217;s stores and
        shops-in-shop, worldwide;
      </li>
      <li style="margin-bottom: 10.0px">
        a brand-new organization that will enable the Transformation.
      </li>
    </ul>
    <p>
      Aldo Uva, Chief Executive Officer, commented: &#8220;It has been about one
      hundred days since the installation of the Board and my appointment as
      CEO of the Group, and much work has been carried out. We strongly
      believe in our three-year Business Plan, as we think that in challenging
      market conditions new opportunities may arise for market leaders such as
      us. We are looking to achieve break even by 2009, growth acceleration in
      2010 and consolidation for new expansion in 2011. I am pleased that the
      Plan has had the full approval of the Board, that I thank for the trust
      placed in the Plan. Natuzzi management, at all levels, is aware of the
      important challenges and market opportunities we are faced with and
      committed to achieve the ambitious goals set by our Business Plan. I
      will be extremely pleased to present the details of the Plan to our
      Investors and the Financial Community, during the meetings that we are
      planning to have by the end of November. I&#8217;m extremely excited and
      positive and I&#8217;m looking forward to share our vision and plans soon&#8221;,
      Aldo Uva concluded.
    </p>
    <p>
      Pasquale Natuzzi, Chairman and majority shareholder of the Natuzzi
      Group, commented: &#8220;The Board of Directors expresses its own appreciation
      to Aldo Uva and the top management for the work carried out since from
      his appointment as Chief Executive Officer. The Business Plan, presented
      to the Board on October 9, 2008 and approved on October 17 after an
      in-depth discussion among the members of the Board, is a very structured
      and exhaustive document that explains the strategy of the Group over a
      three-year horizon and defines the intervention areas to recover
      efficiency and relaunch its business. We are confident that the top
      management will be able to interpret at their best this new challenge
      and achieve the targets set under Aldo Uva&#8217;s leadership, in which we
      place our trust and support for the implementation of the Plan&#8221;.
    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Natuzzi senior management expects to visit clients and investors in the
      US and UK during the course of November 2008 in order to discuss the new
      Business Plan in more detail. Persons interested in attending these
      presentations should contact the Investor Relation department at +39 080
      8820.812 or at <u>investor_relations@natuzzi.com</u>.
    </p>
    <p>
      <u><b>ABOUT NATUZZI S.P.A.</b></u>
    </p>
    <p>
      Founded in 1959 by Pasquale Natuzzi, Natuzzi S.p.A. (the Company)
      designs and manufactures a broad collection of leather-upholstered
      residential furniture.
    </p>
    <p>
      Italy&#8217;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.
    </p>
    <p>
      Since 1990, Natuzzi has sold its furnishings in Italy through the
      popular <i>Divani &amp; Divani by Natuzzi</i> chain of 117 stores, and 1 <i>Natuzzi
      Store</i>. Outside Italy, the Company sells to various furniture
      retailers, as well as through 189 licensed <i>Divani &amp; Divani</i> <i>by
      Natuzzi</i> and <i>Natuzzi</i> <i>Stores</i>.
    </p>
    <p>
      Natuzzi S.p.A. was listed on the New York Stock Exchange on May 13,
      1993. The Company is ISO 9001 and 14001 certified.
    </p>
    <p>
      <u><b>_________________________________________________________________</b></u>
    </p>
    <p>
      <u><b>FORWARD-LOOKING STATEMENTS</b></u>
    </p>
    <p>
      Statements in this press release other than statements of historical
      fact are &#8220;forward-looking statements&#8221;. Forward&#8211;looking statements are
      based on management&#8217;s current expectations and beliefs and therefore you
      should not place undue reliance on them. These statements are subject to
      a number of risks and uncertainties, including risks that may not be
      subject to the Group&#8217;s control, that could cause actual results to
      differ materially from those contained in any forward-looking statement.
      These risks include, but are not limited to, the current international
      financial crisis and its resulting impact on consumer confidence,
      fluctuations in exchange rates, economic and weather factors affecting
      consumer spending, the competitive and regulatory environment, as well
      as other political, economical and technological factors, and other
      risks identified from time to time in the Group&#8217;s filings with the
      Securities and Exchange Commission, particularly in the Group&#8217;s annual
      report on Form 20-F. Forward looking statements speak as of the date
      they were made, and the Group undertakes no obligation to update
      publicly any of them in light of new information or future events.
    </p>
    <p>
      <b>Natuzzi</b> <b>S.p.A.</b>
    </p>
    <p>
      Via Iazzitiello 47,
    </p>
    <p>
      70029 Santeramo (BA) &#8211; Italy
    </p>
    <p>
      Tel.:+39 080 8820.111
    </p>
    <p>
      Fax: +39 080 8820.241
    </p>
    <p>
      <u><b>www.natuzzi.com</b></u>
    </p>
    <p>
      CONTACT:<br><b>Investor Relations Dept.</b><br>Tel.: +39-080-8820-812<br><u><b>investor_relations@natuzzi.com</b></u><br><b>Corporate
      Press Office</b><br>Tel.: +39-080-8820-124<br><u><b>relazioni.esterne@natuzzi.com</b></u>
    </p>
    <div style="margin-bottom: 10pt; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: right">
      <font style="font-size: 10pt; font-family: Times New Roman">CONFORMED</font>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font><font style="font-size: 10pt; font-family: Times New Roman">
      </font>
    </p>
    <p>

    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <div style="text-align:left">
    <table style="font-size: 10pt; margin-bottom: 10.0px; font-family: Times New Roman; width: 100%" cellspacing="0">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 59%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            NATUZZI S.p.A.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 59%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 35%">
          (Registrant)
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 59%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 59%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 35%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 6%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 59%">

        </td>
        <td style="width: 35%">

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 6%">
          Date:
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 59%">
          October 22, 2008
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 59%">

        </td>
        <td valign="top" style="padding-left: 20.0px; text-align: left; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 59%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By: <u>/s/ ALDO UVA</u>
          </p>
        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: left; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 59%">

        </td>
        <td valign="top" style="padding-left: 0.0px; text-align: center; width: 35%">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Aldo Uva
          </p>
        </td>
      </tr>
    </table>
    </div>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
