BRDH Burani

    RNS Number : 5938G
  Burani Designer Holding N.V.
  23 October 2008
   

     October 23, 2008

    
BURANI DESIGNER HOLDING'S SUBSIDIARY MARIELLA BURANI FAMILY HOLDING RESPONDS TO PRESS SPECULATION 

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 Family Holding S.p.A (MBFH) has made the following announcement:

    "As requested by the Italian regulatory authorities, with reference to today's press speculation, Mariella Burani Family Holding S.p.A.
confirms that while it has received  indications of interest from Middle Eastern investors with the objective of value creation in Mariella
Burani Fashion Group S.p.A, the Company has not received any formal proposals."
    
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
Sarah Gestetner

    Shore Capital and Corporate Limited (NOMAD)     Tel: +44 (0) 20 7408 4090
    Christian Littlewood/Dru Danford

    
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 operates in the fashion
apparel, leather goods and fashion jewellery businesses through its majority
owned subsidiary, Mariella Burani Fashion Group S.p.A. (MBFG), and beachwear,
underwear and cosmetics through subsidiaries Arcte, Crisfer and Eurocosmesi. BDH
recently extended the group's reach into the internationally acclaimed Italian
fine foods business through the acquisition of Granulati Italia SpA, SPM, and DulceOliva.  BDH's business model focuses on the acquisition
and integration of quality 'Italian lifestyle' businesses to create operating divisions able to benefit from scale and synergies between BDH
Group companies.
BDH intends to extend this business model, successfully implemented by MBFG over
the past seven years, to a select range of distinct, yet complementary, segments
within the accessible luxury goods market.


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