RNS Number : 1042D
  Burani Designer Holding N.V.
  10 September 2008
   

    BURANI DESIGNER HOLDING'S SUBSIDIARY MARIELLA BURANI FASHION GROUP HOLDS BOARD MEETING TO DISCUSS THE PARTIAL TENDER OFFER


    Burani Designer Holding N.V (AIM: BRDH), a company offering Italian lifestyle products and services to customers world-wide, today notes
that the company's subsidiary Mariella Burani Fashion Group S.p.A (MBFG), in which it holds a 60.88% stake, made the following announcement
yesterday: 

    PRESS RELEASE
    MARIELLA BURANI FASHION GROUP S.p.A.
    Cavriago (RE) - September 9th, 2008


    Mariella Burani Fashion Group S.p.A.: Board Meeting of September 9th , 2008

    In the context of its meeting of today the Board reviewed the terms, modalities and conditions of the tender offer launched over a part
of the outstanding MBFG shares by Mariella Burani Family Holding S.p.A., also on the basis of the fairness opinion provided by Euromobiliare
SIM S.p.A. in its role as financial advisor.

    On the basis of the above review, the Board prepared the issuer's statement pursuant to Section 39 of the Issuers Regulation, timely
provided to CONSOB and to the bidder, whose full text will be attached to the offering document to be made public pursuant to the terms and
modalities provided for by the law.


    
    Mariella Burani Fashion Group (MBFG) designs, produces and distributes world wide a diversified and complementary range of Luxury
apparel, footwear, leather accessory and jewellery collections under its own brands and under license for prestigious international
designers. MBFG founded in 1960 by Walter Burani, Chairman and CEO of the Group listed in the STAR segment of the Italian stock exchange
since July, 2000, is today an internationally recognised public company with an established position in the accessible luxury goods market.
The Group's dynamic revenue growth is attributable to internal development including product diversification, brand expansion, and new
geographic market penetration. The Group has also made strategic acquisitions to capitalise on the know-how and experience developed by
niche players in the Italian apparel, knitwear, textile and leather goods sectors.  
    MBFG manages to provide top quality luxury goods at accessible prices by capitalising on the strength and flexibility provided by
Italy's industrial districts, world renown for their excellence in the development of luxury products. The Group's aim is to become one of
the leading players in the accessible luxury market worldwide by further developing its product offering, its brand portfolio, and its
global distribution network.  


    Contacts
    
    Carol Brumer Investor Relations and Strategic Development:, cbrumer@mariellaburani.com, tel. (+39) 02 76420111 
    Daniela Zari Corporate Communication:, dzari@mariellaburani.com, tel. (+39) 02 76015354


    www.mariellaburani.com   


    BDH Enquiries:

 Burani Designer Holding N.V.  Tel: +39 027 642 0111 / +39 348 256 1971
 Carol Brumer
 (cbrumer@buranidh.com)

 Citigate Dewe Rogerson        Tel: +44 20 7638 9571
 Sally Marshak
 Lindsay Noton



    www.buranidh.com

    NOTES TO EDITORS

    The BDH Group offers a complementary range of "Italian lifestyle" products and services to an international customer base. BDH is a
player in fashion apparel, leather goods and jewellery through its subsidiary Mariella Burani Fashion Group S.p.A. (MBFG), and in three
complementary business segments - beachwear & underwear, wellness spas & skincare and food design. BDH, listed on London's Alternative
Investment Market (AIM) in June 2007, focuses on growth through the acquisition and integration of quality "Italian lifestyle" businesses
and the creation of operating divisions able to benefit from scale and synergies of the BDH Group. The management believes that the in-depth
knowledge of luxury products, the value created by strategic shareholders, the skills of the BDH team management as well as the Group's
investment approach, represent a great opportunity of value creation for shareholders.

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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