Holding(s) in Company

2 April 2012

Global Brands S.A. ("Global Brands" or "the Company")

Holding in Company

Global Brands was informed today that Alexander David Investments, an AIM listed fund, sold 250,000 shares on 30 March and now holds 5,366,300 shares in the Company. Therefore, its per cent holding in the Company has decreased to 2.92%.

Global Brands S.A.

Simon Bentley, Chairman Tel: (0) 20 7317 8022

Bruce Vandenberg, CEO www.globalbrands.ch

Libertas Capital

Thilo Hoffmann Tel: (0) 20 7569 9650

Sandy Jamieson www.libertascapitalpartners.com

Alexander David Securities Ltd

Bill Sharp Tel: (0) 20 7448 9812

Fiona Kinghorn Tel: (0) 20 7448 9829

www.ad-securities.com