Richemont, the Swiss luxury goods group, is pleased to announce that it has acquired
Fabrique d’Horlogerie Minerva SA in a private transaction from G. P. P. International
SA, Luxembourg.
The watch brand Minerva was established by Charles Robert in 1858 and is based in
Villeret, Switzerland. It has 22 employees and is today specialized in the development
and manufacturing of high end mechanical movements.
The transaction will have no material impact on Richemont’s consolidated net assets
and will not have any impact on profitability for the year ending 31 March 2007.

Source : COMPAGNIE FINANCIÈRE RICHEMONT SA

www.richemont.com