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Wed 8 Jan 2003, 17:33 Disclosure of significant holding of Compagnie Fin
Disclosure of significant holding of Compagnie Financiere Richemont SA `A`      
bearer shares in accordance with Article 20 of the Swiss Federal Stock Exchange 
Act                                                                             
Share Code:  RCH                                                                
ISIN: CH0001609723                                                              
Disclosure of significant holding of Compagnie Financiere Richemont SA `A`      
bearer shares in accordance with Article 20 of the Swiss Federal Stock Exchange 
Act                                                                             
8 January 2003                                                                  
Compagnie Financiere Richemont SA has been advised by The Capital Group         
Companies Inc, 333 South Hope Street, Los Angeles, California, USA (`CGC`) on   
behalf of funds managed by Capital Research and Management Company, Los Angeles 
and clients managed by Capital Guardian Trust Company, Los Angeles, Capital     
International Limited, London, Capital International Inc, Los Angeles and       
Capital International SA, Geneva that 52 501 787 `A` bearer shares in Compagnie 
Financi
re Richemont SA, representing 5.03% of the voting rights in the Company,
are owned by accounts under the discretionary investment management of one or   
more of the investment management companies named above or their subsidiaries.  
The information contained in this press release is not considered to be price   
sensitive.                                                                      
Richemont is a Swiss luxury goods group. The Group owns a portfolio of leading  
international brands including Cartier, Van Cleef & Arpels, Piaget, Montblanc,  
Dunhill and Lancel as well as the prestigious watch manufacturers Jaeger-       
LeCoultre, Baume & Mercier, IWC, Vacheron Constantin, A. Lange & Shne, and     
Officine Panerai.                                                               
Date: 08/01/2003 03:11:17 PM Produced by the JSE SENS Department                

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