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<SEC-DOCUMENT>0000903423-08-000382.txt : 20080424
<SEC-HEADER>0000903423-08-000382.hdr.sgml : 20080424
<ACCEPTANCE-DATETIME>20080424125928
ACCESSION NUMBER:		0000903423-08-000382
CONFORMED SUBMISSION TYPE:	SC 13D
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20080424
DATE AS OF CHANGE:		20080424
GROUP MEMBERS:		INVEST 2003 S.R.L.

SUBJECT COMPANY:	

	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:		SC 13D
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-53617
		FILM NUMBER:		08773788

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATUZZI PASQUALE
		CENTRAL INDEX KEY:			0000942985

	FILING VALUES:
		FORM TYPE:		SC 13D

	BUSINESS ADDRESS:	
		STREET 1:		VIA IAZZITIELLO 47
		STREET 2:		70029 SANTERAMO
		CITY:			ITALY
		STATE:			L6
		ZIP:			70029
		BUSINESS PHONE:		3908018820111
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D
<SEQUENCE>1
<FILENAME>natuzzi-13d_0424.htm
<TEXT>
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<div align=left>

  <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>UNITED STATES</font></B></p>
  <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>SECURITIES AND EXCHANGE COMMISSION</font></B></p>
  <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Washington, D.C. 20549</font></b></p>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>SCHEDULE 13D</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Under the Securities Exchange Act of 1934</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(Amendment No.  ___ )*</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 1pt;padding-bottom:1;'><font size=3>NATUZZI S.p.A.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Name of Issuer)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 0pt;padding-bottom:1;'><b><font size=2>Ordinary shares, with a par value of &#128;1.0 each (&#147;Ordinary Shares&#148;), and</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 1pt;padding-bottom:1;'><b><font size=2>American Depositary Shares, each representing one Ordinary Share.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Title of Class of Securities)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.33%;margin-right:15.33%;text-align:center;border-bottom:solid 1pt;padding-bottom:1;'><b><font size=2>63905A 10 1</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(CUSIP Number)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 0pt;padding-bottom:1;'><b><font size=2>INVEST 2003 S.r.l.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 0pt;padding-bottom:1;'><b><font size=2>Attn. Mr. Pasquale Natuzzi</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 0pt;padding-bottom:1;'><b><font size=2>Via Gobetti, 8, 74100 Taranto, Italy</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;border-bottom:solid 1pt;padding-bottom:1;'><b><font size=2>Tel. 0039 099 7795028</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.33%;margin-right:15.33%;text-align:center;border-bottom:solid 1pt;padding-bottom:1;'><b><font size=2>April 18, 2008</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>(Date of Event which Requires Filing of this Statement)</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  <font face=Wingdings>o</font></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><b><font size=2>Note</font></b><font size=2>:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See &sect;240.13d-7(b) for other parties to whom copies are to be sent.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>*The remainder of this cover page shall be filled out for a reporting person&#146;s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>The information required on the remainder of this cover page shall not be deemed to be &#147;filed&#148; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&#147;Act&#148;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'>&nbsp;</p>
<p align="center" style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Page 1 of 7</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="99%" style=' margin-left:.9pt;border-collapse:collapse; '>
    <tr >
        <td  colspan="3" valign=top style='border:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:left;margin-top:3.0pt;margin-bottom: 3.0pt'><b><font size=2>CUSIP No. 63905A 10 1</font></b>                                                <u></u></p> </td>
        <td  colspan="2" valign=top style=' border-right:solid black .5pt;border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:3.0pt'><B><font SIZE=2>SCHEDULE 13D</font></B></p> </td>
        <td colspan="2" valign=top style='border:solid black .5pt; border-left:none;padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:3.0pt;margin-bottom:0pt'><b><font size=2>Page 2 of 1 Pages</font></b></p>            </td>
        </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>1</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NAMES OF REPORTING PERSONS</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Pasquale Natuzzi </font></b></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>2</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:6.0pt'><font size=2>(a)  </font><font face=Wingdings>o</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)  </font><font face=Wingdings>x</font></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  background:#E0E0E0;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SEC USE ONLY</font></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>4</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOURCE OF FUNDS* </font><B><font SIZE=2>PF</font></B></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>5</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>6</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Italian</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" rowspan=4 style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NUMBER OF SHARES</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BENEFICIALLY</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>OWNED BY</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>EACH REPORTING </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>PERSON</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>WITH</font></p> </td>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>7</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOLE VOTING POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,358,089 Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>8</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SHARED VOTING POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>0</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>9</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOLE DISPOSITIVE POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,358,089 Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>10</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SHARED DISPOSITIVE POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>0</font></b></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>11</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></p>
<p style='margin-left:12.6pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,358,089 Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>12</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*  </font>            <font size=2> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>13</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</font></p>
<p style='margin-left:12.6pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>53.5%</font></b></p> </td> </tr>
    <tr>
        <td width="87" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>14</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>TYPE OF REPORTING PERSON*</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>HC, IN</font></B></p> </td> </tr>
    <tr>
        <td width="87" ></td>

        <td width="82" ></td>

        <td width="114" ></td>

        <td width="4" ></td>

        <td width="485" ></td>

        <td width="239" ></td>

        <td width="78" ></td> </tr> </table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:3.33%; text-indent:-3.33%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>*SEE INSTRUCTIONS BEFORE FILLING OUT!</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'>&nbsp;</p>
<p align="center" style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Page 2 of 7</font></b></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>
<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<div align=left>

<table border="0" cellspacing=0 cellpadding=0 width="99%" style=' margin-left:.9pt;border-collapse:collapse; '>
    <tr >
        <td  colspan="3" valign=top style='border:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:left;margin-top:3.0pt;margin-bottom: 3.0pt'><b><font size=2>CUSIP No. 63905A 10 1</font></b>                                                <u></u></p> </td>
        <td  colspan="2" valign=top style=' border-right:solid black .5pt;border-bottom:solid black .5pt; padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:1.0pt;margin-bottom:3.0pt'><B><font SIZE=2>SCHEDULE 13D</font></B></p> </td>
        <td colspan="2" valign=top style='border:solid black .5pt; border-left:none;padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0in;text-indent:0pt;text-align:center;margin-top:3.0pt;margin-bottom:0pt'><b><font size=2>Page 2 of 1 Pages</font></b><font size=1>&nbsp;</font></p>            </td>
        </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>1</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NAMES OF REPORTING PERSONS</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>INVEST 2003 S.r.l.</font></b></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>2</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:6.0pt'><font size=2>(a)  </font><font face=Wingdings>o</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)  </font><font face=Wingdings>x</font></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>3</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  background:#E0E0E0;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SEC USE ONLY</font></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>4</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOURCE OF FUNDS* </font><B><font SIZE=2>AF</font></B></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>5</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>o</font></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>6</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CITIZENSHIP OR PLACE OF ORGANIZATION</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>Italy</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" rowspan=4 style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>NUMBER OF SHARES</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>BENEFICIALLY</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>OWNED BY</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>EACH REPORTING </font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>PERSON</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>WITH</font></p> </td>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>7</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOLE VOTING POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,357,893 Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>8</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SHARED VOTING POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>0</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>9</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SOLE DISPOSITIVE POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,357,893  Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td  colspan="2" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>10</font></p> </td>
        <td  colspan="3" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>SHARED DISPOSITIVE POWER</font></p>
<p style='margin-left:16.75pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>0</font></b></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>11</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</font></p>
<p style='margin-left:12.6pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>29,357,893 Ordinary Shares</font></b></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>12</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
      <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*  </font>                                                <font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font face=Wingdings>x</font></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>13</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</font></p>
<p style='margin-left:12.6pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><b><font size=2>53.5%</font></b></p> </td> </tr>
    <tr>
        <td width="98" valign=top style='border:solid black .5pt; border-top:none;padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:center;margin-top:0pt;margin-bottom:0pt'><font size=2>14</font></p> </td>
        <td  colspan="6" valign=top style='border-top:none; border-left:none;border-bottom:solid black .5pt;border-right:solid black .5pt;  padding:5.75pt 5.75pt 5.75pt 5.75pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font SIZE=2>TYPE OF REPORTING PERSON*</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><B><font SIZE=2>HC</font></B></p> </td> </tr>
    <tr>
        <td width="98" ></td>

        <td width="89" ></td>

        <td width="119" ></td>

        <td width="4" ></td>

        <td width="529" ></td>

        <td width="239" ></td>

        <td width="11" ></td> </tr> </table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.38%; text-indent:-15.38%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>*SEE INSTRUCTIONS BEFORE FILLING OUT!</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><B><font SIZE=2>INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7</font></B></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.38%; text-indent:-15.38%;text-align:center;'><b><font size=2>(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.38%; text-indent:-15.38%;text-align:center;'><font size=2>&nbsp;</font></p>

<br>
<HR noshade align="center" width="100%" size="2">
<p style='page-break-before:always'></p>
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<table border="0" cellspacing=0 cellpadding=0 width="100%" style=' border-collapse:collapse'>
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        <td width="15%" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 1.</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Security and Issuer</font></u><font size=2>.</font></p> </td> </tr></table>
</div>


<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:23.08%; text-indent:-23.08%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>This statement relates to ordinary shares of Natuzzi S.p.A. (the &#147;Company&#148;), with par value of &#128;1.0 each (the &#147;Ordinary Shares&#148;), some of which are held in the form of American Depositary Shares. The principal executive office of the Company is located at Via Iazzitiello 47, 70029 Santeramo, Italy. </font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:23.08%; text-indent:-23.08%;text-align:left;'><font size=2>&nbsp;</font></p>


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        <td width="36%" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 2.</font></p> </td>
        <td width="63%" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Identity and Background</font></u><font size=2>.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>This statement is filed by the persons listed below (the &#147;Reporting Persons&#148;):</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>1.</font><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size=2>Mr. Pasquale Natuzzi, an Italian citizen.  Mr. Pasquale Natuzzi&#146;s business address is Via Iazzitiello 47, 70029 Santeramo, Italy. Mr. Pasquale Natuzzi&#146;s present principal occupation is chief executive officer and Chairman of the Board of Directors of the Company.  The Company is primarily engaged in the design, manufacture and marketing of contemporary and traditional leather and fabric upholstered furniture, principally sofas, loveseats, armchairs, sectional furniture, motion furniture and sofa beds, and living room accessories.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>2.</font><font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><font size=2>INVEST 2003 S.r.l. (&#147;INVEST 2003&#148;), a limited liability company organized in Italy.  INVEST 2003 is a holding company, wholly owned by Mr. Pasquale Natuzzi, with its registered office located at Via Gobetti 8, Taranto, Italy.  INVEST 2003 is the holding company through which Mr. Pasquale Natuzzi holds his entire beneficial ownership of Natuzzi S.p.A. shares (other than 196 American Depositary Shares). It has no other business activity. Mr. Pasquale Natuzzi is the sole executive officer and director of INVEST 2003.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>During the last five years, neither of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), nor been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, nor, as a result of such proceeding, was or is either Reporting Person subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 3.</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Source and Amount of Funds or Other Consideration</font></u><font size=2>.</font></p> </td> </tr></table>
</div>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>Mr. Pasquale Natuzzi used an aggregate of $11,888,390.63 of his personal funds to effect the purchase of Ordinary Shares described in Item 5(c).  These funds were provided by Mr. Pasquale Natuzzi as a capital contribution to INVEST 2003, which then used the funds to purchase the Ordinary Shares described in Item 5(c).</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 4.</font></p> </td>
        <td width="62%" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Purpose of Transaction</font></u><font size=2>.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>The Reporting Persons acquired the Ordinary Shares described in Item 5(c) for investment.  Depending upon general market and economic conditions affecting the Company and the securities of the Company, the Reporting Persons may purchase or sell Ordinary Shares of the Company from time to time in open market and/or private transactions. Except as set forth above, none of the Reporting Persons has any present plan or proposal which relates or would result in any of the actions or events enumerated in clauses (a) through (j) of Item 4 of Schedule 13D.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 5.</font></p> </td>
        <td width="69%" nowrap valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Interest in Securities of the Issuer</font></u><font size=2>.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="5%" valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(a)</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Mr. Pasquale Natuzzi beneficially owns 29,358,089 Ordinary Shares, representing 53.5% of the Ordinary Shares outstanding. Members of Mr. Pasquale Natuzzi&#146;s immediate family own an additional 2,800,002 Ordinary Shares. Mr. Pasquale Natuzzi disclaims beneficial ownership of the Ordinary Shares owned by members of his immediate family and that he and members of his immediate family owning Ordinary Shares consititute a group for purposes of this filing.</font></p> </td> </tr>
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      <td valign=top >&nbsp;</td>
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      <td  valign=top >&nbsp;</td>
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      <td valign=top >&nbsp;</td>
      <td  valign=top ><font size=2>INVEST 2003 beneficially owns 29,357,893 Ordinary Shares, representing 53.5% of the Ordinary Shares outstanding.</font></td>
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      <td valign=top >&nbsp;</td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(b)</font></p></td>
      <td  valign=top >
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Because INVEST 2003 is owned in its entirety by Mr. Pasquale Natuzzi, he may be deemed to have the sole power to vote or to direct the vote of any Ordinary Shares owned by INVEST 2003, and the sole power to dispose or to direct the disposition of any Ordinary Shares owned by INVEST 2003. Except as otherwise disclosed herein, none of the Reporting Persons share the power to vote or to direct the vote, or the power to dispose or to direct the disposition, of any of the Ordinary Shares they beneficially own (as noted in paragraph (a) of this Item 5). </font></p></td>
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      <td valign=top >&nbsp;</td>
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      <td  valign=top >&nbsp;</td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(c)</font></p></td>
      <td  valign=top >
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>On April 18, 2008, INVEST 2003 purchased 3,293,183 American Depositary Shares, each representing one Ordinary Share, at a price of U.S.$3.61 per ADS. The purchase was privately negotiated with a single entity (acting on behalf of its client accounts) and was effected through the Institutional Delivery System of Depository Trust Company.</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(d)</font></p></td>
      <td  valign=top >
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Because INVEST 2003 is owned in its entirety by Mr. Pasquale Natuzzi, he may be deemed to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Ordinary Shares beneficially owned by INVEST 2003. Except as disclosed herein, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Ordinary Shares beneficially owned by the Reporting Persons.</font></p></td>
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      <td valign=top >&nbsp;</td>
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      <td  valign=top >&nbsp;</td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>(e)</font></p></td>
      <td  valign=top >
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Not applicable.</font></p></td>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:21.23%; text-indent:-5.85%;text-align:left;'><font size=2>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 6.</font></p> </td>
        <td  valign=top >
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</font></u><font size=2>.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.38%; text-indent:-15.38%;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>INVEST 2003 is holding company wholly owned by Mr. Pasquale Natuzzi, and in which he acts as the sole executive officer and director. Other than as described herein, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 and between such persons and any person with respect to any securities of the Company.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt; margin-left:15.38%; text-indent:-15.38%;text-align:left;'><font size=2>&nbsp;</font></p>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Item 7.</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>Material to be filed as Exhibits</font></u><font size=2>.</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>1.</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Joint Filing Agreement</font></p> </td> </tr></table>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:12pt; margin-top:0pt;text-align:center;'><U><font SIZE=2>SIGNATURES</font></U></p>

<p style=' margin-bottom:12pt; margin-top:0pt; text-indent:7.69%;text-align:left;'><font size=2>After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</font></p>


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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Dated: April 24, 2008 </font></p> </td>
        <td width="50%" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Pasquale Natuzzi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>                         <u></u></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
        <td width="50%" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
            <p style='margin-left:35.1pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Pasquale Natuzzi</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>INVEST 2003 S.r.l.</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Pasquale Natuzzi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>                         <font size=2>&nbsp;</font></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>By:  Pasquale Natuzzi</font><br> <font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font size=2>Sole Director</font></i></p>
<p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
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size=1>&nbsp;</font></p> </td> </tr>
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            <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p> </td> </tr></table>
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<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>natuzzi13d-ex1_0424.htm
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'> <u><font size=2>JOINT FILING AGREEMENT</font></u></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>THIS JOINT FILING AGREEMENT (the &#147;Agreement&#148;) is made and entered into as of April 23, 2008, by and between Mr. Pasquale Natuzzi and INVEST 2003 S.r.l. </font></p>
<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>The parties to this Agreement hereby agree to prepare and file jointly all filings on Schedule 13D and Schedule 13G (&#147;Filings&#148;) required to be filed by them pursuant to Section 13(d) or 13(g) under the Securities Exchange Act of 1934, as amended, with respect to their respective ownership of any securities of Natuzzi S.p.A. that are required to be reported on any Filings.</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>&nbsp;</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt; text-indent:15.38%;text-align:left;'><font size=2>IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first set forth above.</font></p>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
        <p style='margin-left:0pt;text-indent:3.0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Pasquale Natuzzi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
      <td width="50%" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
        <p style='margin-left:35.1pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>Pasquale Natuzzi</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
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        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=1>&nbsp;</font></p></td>
      <td width="50%" valign=top style='padding:0in 5.4pt 0in 5.4pt'>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>INVEST 2003 S.r.l.</font></p>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>&nbsp;</font></p>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><u><font size=2>/s/ Pasquale Natuzzi&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u> <font size=2>&nbsp;</font></p>
        <p style='margin-left:0pt;text-indent:0pt;text-align:left;margin-top:0pt;margin-bottom:0pt'><font size=2>By: Pasquale Natuzzi</font><br>
            <font size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font><i><font size=2>Sole Director</font></i></p>
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