Boussard & Gavaudan Holding Limited (the "Company") announces today that it will credit the liquidity account held with Exane (the "Liquidity Account") pursuant to the liquidity enhancement agreement ("LEA") between the Company and Exane with an additional € 1,000,000.
The total amount credited to the Liquidity Account will therefore be € 2,000,000.
Under the LEA, the Company may allocate to the Liquidity Account up to a maximum of € 10,000,000 per year.
28 August 2008
Further information:
B&G Asset Management +44 20 7514 0700
Emmanuel Gavaudan
The Company is a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registration number 45582. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht).
This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results.