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Wed 26 Jan 2005, 8:22 RICHEMONT SECURITIES AG - PRESS RELEASE
RICHEMONT SECURITIES AG - PRESS RELEASE                                         
(Incorporated in Switzerland)                                                   
(Registration CH-170.3.013.861-6)                                               
JSE Code : RCH                                                                  
ISIN: CH0013157380                                                              
PRESS RELEASE                                                                   
Richemont, the Swiss luxury goods group announces that Ms Dominique Jousse,     
Group Human Resources Director, will step down from her post and resign her     
position on the Board of Richemont SA effective 30 April 2005.                  
Ms Jousse joined Richemont in 2000.                                             
The decision was taken for personal reasons as Ms Jousse has opted not to       
relocate her home from London to Geneva, where Richemont is centralising its    
Group services.                                                                 
Mr Johann Rupert, Executive Chairman, said:                                     
`I want to thank Dominique for her contribution to the Group over the last five 
years. We appreciate the changes instituted during her tenure as Group HR       
Director and the progress that has been made during that time.                  
We wish her every success in her future endeavours.`                            
Richemont owns a portfolio of leading international brands including Cartier,   
Van Cleef & Arpels, Alfred Dunhill, Montblanc and Lancel as well as prestigious 
watch manufacturers Jaeger-LeCoultre, Piaget, Baume & Mercier, IWC, Vacheron    
Constantin, A. Lange & Sohne and Officine Panerai.                              
In addition to its luxury goods business, Richemont holds an 18.8 per cent      
interest in British American Tobacco.                                           
Further enquiries:                                                              
Mr Alan Grieve                                                                  
Director of Corporate Communications                                            
Compagnie Financiere Richemont SA                                               
Tel.  +41 22 715 3736                                                           
Analysts` inquiries:                                                            
Ms Sophie Cagnard-Fabrici                                                       
Head of Investor Relations                                                      
Tel.  +33 1 5818 2597                                                           
Compagnie Financiere Richemont SA                                               
8 Boulevard James-Fazy  CH-1201 Geneva Switzerland                              
Telephone +41 (0)22 715 3500  Telefax +41 (0)22 715 3550  www.richemont.com     
26 January 2005                                                                 
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 26/01/2005 08:00:08 AM                 
Produced by the JSE SENS Department                                             
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