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Compagnie Financière Richemont SA

Major Shareholding Notification Jan 25, 2007

859_rns_2007-01-25_42a4a443-c473-4d7d-b0ea-6559446c8c23.html

Major Shareholding Notification

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News Details

Ad-hoc | 25 January 2007 10:33

Compagnie Financière Richemont SA: Disclosure of Interests

Compagnie Financière Richemont AG / Miscellaneous

Adhoc news transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of significant holding of Compagnie Financière Richemont SA ‘A’
bearer shares in accordance with Article 20 of the Swiss Federal Stock
Exchange Act

Compagnie Financière Richemont SA has been advised by Public Investment
Corporation Limited (‘PIC’), Private Bag X187, Pretoria 0001, Republic of
South Africa that accounts under its management hold Richemont South
African Depository Receipts (‘DRs’) equivalent to 52 108 775 ‘A’ bearer
units in Compagnie Financière Richemont SA. Each ‘A’ bearer share in
Compagnie Financière Richemont SA with a par value of CHF 1.00 is twinned
with one participation certificate in Richemont SA of no par value to form
one Richemont ‘A’ Unit in bearer form.

Richemont South African Depository Receipts are issued by Richemont
Securities AG, a wholly-owned subsidiary of Compagnie Financière Richemont
SA. In its capacity as depository, Richemont Securities AG holds one ‘A’
bearer share in safe custody for every 10 Richemont DRs in issue.

Accordingly, PIC’s holding indirectly represents 4.99 % of the voting
rights in Compagnie Financière Richemont SA.

The information contained in this press release is not considered to be
price sensitive.

Notes for editors

Richemont owns a portfolio of leading international brands or ‘Maisons’,
which are managed independently of one another, recognising their
individuality and uniqueness. The businesses operate in five areas:
Jewellery Maisons, being Cartier and Van Cleef & Arpels; Specialist
watchmakers, which is made up of Jaeger-LeCoultre, Piaget, IWC, Baume &
Mercier, Vacheron Constantin, Officine Panerai and A. Lange & Söhne;
Writing instrument Maisons - Montblanc and Montegrappa; Leather and
accessories Maisons, being Alfred Dunhill and Lancel; and Other businesses,
which includes, specifically, Chloé as well as other smaller Maisons and
watch component manufacturing activities for third parties.

In addition to its luxury goods business, Richemont holds an 18.9 per cent
interest in British American Tobacco.

DGAP 25.01.2007

Language: English
Issuer: Compagnie Financière Richemont AG
Rigistrasse 2
6300 Zug Schweiz
Phone: + 41 41 710 33 22
Fax: +41 41 711 71 02
E-mail: [email protected]
WWW: http://www.richemont.com
ISIN: CH0012731458
WKN: 875863
Indices:
Listed: SWX

End of News DGAP News-Service


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