Kering — Share Issue/Capital Change 2011

Jan 5, 2011

THIS PRESS RELEASE IS A FREE TRANSLATION OF THE FRENCH ORIGINAL PRESS RELEASE. THE ORIGINAL FRENCH VERSION OF THIS PRESS RELEASE IS AVAILABLE ON OUR WEBSITE AT WWW.PPR.COM

Half-yearly achievement report on PPR share quotations liquidity mandate

Pursuant to the liquidity mandate granted by PPR to Rothschild & Cie Banque, the following assets appeared on the liquidity account as of December 31st, 2010:

• 70.000 Shares
• 45.358.698 €

For information, the following assets appeared on the liquidity account as of June 30th, 2010:

• 25.000 Share
• 51.202.558 €