DGAP-Adhoc: Gerry Weber International AG: Majority

Gerry Weber International AG / Key word(s): Investment 31.07.2013 07:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad-hoc release pursuant to section 15 WpHG GERRY WEBER: Majority investment in existing franchise stores in Belgium (Halle/Westphalia, 31 July 2013) GERRY WEBER International AG has acquired a majority stake in 19 established HOUSES of GERRY WEBER in Belgium. In the context of the transaction, GERRY WEBER has acquired a 51% stake in the two Belgian operating companies. In addition, a 51% stake in the sales rep operations for the regions Belgium and Luxembourg has been acquired. The purchase price for the majority investments totals EUR 7.97 million. The acquired companies will be included in the consolidated financial statements of the GERRY WEBER Group with effect from 1 August 2013. Except for the sales rep operations, they will form part of the Retail segment. According to the contractual provisions, GERRY WEBER International AG has a preemptive right to acquire the remaining 49% from the year 2017. After the majority takeover of 25 Dutch HOUSES of GERRY WEBER in the last fiscal year, this is the second transaction in which the GERRY WEBER Group acquired existing franchise stores in order to exploit their potential for growth together with the local partners. The transaction underpins the company's strategy to expand its own Retail operations in selected European core markets. 'The GERRY WEBER, TAIFUN and SAMOON brands have been marketed in Belgium for almost 25 years. The first HOUSE of GERRY WEBER was opened in Antwerp in 2006 under the management of our Belgian partner. Today, our products are sold by selected distribution partners as well as in 19 stores with a total space of approx. 4,400 square metres. Further rental agreements for three new HOUSES of GERRY WEBER have already been contracted. Our partner will remain responsible for the local management of the stores and will support our further expansion in Belgium,' said Gerhard Weber, CEO of GERRY WEBER International AG. About GERRY WEBER With its five strong fashion brands - GERRY WEBER, GERRY WEBER EDITION, G.W., TAIFUN and SAMOON by GERRY WEBER, GERRY WEBER International AG is one of Germany's leading fashion and lifestyle companies. Since its foundation in 1973, the company has developed into an internationally active fashion group with around 800 HOUSES of GERRY WEBER and mono-label stores worldwide, over 2,800 shop-in-shop areas and successful online brand shops. With around 4,700 employees around the world, the corporation has sales structures in over 60 countries and is one of the best known and most successful listed fashion companies in Germany. GERRY WEBER International AG is listed on the MDAX on the German stock exchange. Admitted to the Regulated Market of the Frankfurt Stock Exchange (Prime Standard) ISIN: DE0003304101 WKN: 330410 Investor Relations Contact GERRY WEBER International AG Claudia Kellert Neulehenstra�e 8 D - 33790 Halle/Westfalen Tel.: +49 (0) 52 01-185 8422 E-mail: c.kellert@gerryweber.de 31.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Gerry Weber International AG Neulehenstra�e 8 33790 Halle/Westfalen Germany Phone: +49 (0)5201 185-0 Fax: +49 (0)5201 5857 E-mail: c.kellert@gerryweber.de Internet: www.gerryweber-ag.de ISIN: DE0003304101 WKN: 330410 Indices: MDAX Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------