| Wed 14 Nov 2007, 8:00 | | RCH - Richemont Securities AG - Resignation of non |
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RCH
RCH
RCH - Richemont Securities AG - Resignation of non-executive director
RICHEMONT SECURITIES AG
(Incorporated in Switzerland)
Share code: RCH
ISIN: CH0013157380
("Richemont")
RESIGNATION OF NON-EXECUTIVE DIRECTOR
Richemont, the Swiss luxury goods group, announces the resignation of Mrs Anson
Chan, a non-executive director, from the Board of Compagnie Financiere Richemont
SA.
Mrs Chan was elected to the Board of Directors at the Annual General Meeting
held on 13 September 2007. Having announced her candidacy to the Hong Kong
Legislative Council, she has concluded that her participation on the board would
be incompatible with a position on the Council, were she to be elected.
Further Information:
Press enquiries: Mr Alan Grieve
Director of Corporate Affairs
Tel. +41 22 721 3507
Analysts` inquiries: Ms Sophie Cagnard
Head of Investor Relations
Tel. +33 1 5818 2597
14 NOVEMBER 2007
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 & Sohne; Writing instrument manufacturers - Montblanc and
Montegrappa; Leather and accessories Maisons, being Alfred Dunhill and Lancel;
and Other businesses, which includes, specifically, Chloe as well as other,
smaller Maisons and watch component manufacturing activities for third parties.
In addition to its luxury goods business, Richemont holds a 19.3 per cent
interest in British American Tobacco, one of the world`s leading tobacco groups.
Compagnie Financiere Richemont SA
50, Chemin de la Chenaie CH-1293 Bellevue - Geneva Switzerland
Telephone +41 (0)22 721 3500 Telefax +41 (0)22 721 3550 www.richemont.com
Date: 14/11/2007 08:00:06 Produced by the JSE SENS Department.
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