At its meeting on 12 September 2005, the Managing Board of GERRY WEBER International AG decided to conduct a share buy-back programme for up to 10% of the company’s registered share capital between today and 31 October 2006. This share buy-back programme will be managed in accordance with EU Commission Regulation 2273/2003 implementing Directive 2003/6/EG.

The Managing Board herewith exercises the authorisation endorsed by the company’s annual general meeting on 2 June 2005. Under this authorisation, which extends until 31 October 2006, the company may buy back own shares totalling up to 10% of the applicable share capital (i.e. currently up to 2,344,320 shares). The price per share paid by the company (exclusive of ancillary costs) may not exceed, or be lower than, the listed price by more than 5%. For the purpose of this rule, the “listed price” is defined as the average price listed in XETRA trading (or any system replacing XETRA) during the five days preceding the purchase of the shares.

Article 4, Section 4 of Commission Regulation (EG) 2273/2003 mandates the disclosure of certain details related to the GERRY WEBER share buy-back programme. All information related to the implementation of the share buy-back programme will be posted on the website of GERRY WEBER International AG, www.gerryweber-ag.de, in the “Investor Relations / The Share / Share Buy-Back” section from time to time.

Investor Relations contact:
Hans-Dieter Kley,
phone: + 49 (0)5201 185-0,
E-mail: [email protected]
 
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