Tender Offer

28 Feb 2008 10:04

Global Brands S.A.28 February 2008 For Immediate Release Global Brands, S.A. (the "Company") Tender Offer to acquire up to 404,214 ordinary shares of CHF2.10 each atUS$2.2427 Further to the announcement dated 12 February 2008, the Directors can confirmthat a tender offer document ("Tender Offer") together with a form of tender ("Tender Form), issued by Mr Moldawsky and Mr Lachovitz, and approved for thepurposes of section 21 of the Financial Services and Markets Act 2000 byZimmerman Adams International Limited, has been posted to shareholders, otherthan Belvis S.a.r.l., today. This is accompanied by a letter to Shareholdersfrom the new Executive Chairman Yair Hasson. The Tender Offer, will be available to those shareholders , other than Belvia,on the register of the Company on 25 March 2008. The Tender Offer willremain open for 15 business days from today. The Tender Offer, for depository interest holders ,will close at 1:00 p.m.London Time, onTuesday 25 March 2008. The Tender Offer for certificated holderswill close at 3:00 p.m. London Time, on Tuesday 25 March 2008. The Tender Offer is avalialble to all shareholders, other than Belvia, withregistered addresses outside the United States, Canada, Australia, the Republicof South Africa or Japan or their territories or possessions. The Tender Offer, Tender Form and letter to Shareholders are available on theCompany website: www.globalbrands.ch Dated: 28 February 2008 For further information please contact: Zimmerman Adams: Graeme Thom +44 (0)20 7060 1760Fiona Kinghorn Hichens Harrison: Daniel Briggs +44 (0)20 7382 4450 This information is provided by RNS The company news service from the London Stock Exchange