BRUSSELS, BELGIUM , a limited liability company organized under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, announces that D&M Holdings Inc., today filed with the Tokyo Stock Exchange its results through the second quarter (April 1 - September 30, 2007) for the 2007 fiscal year ending March 31, 2008.

A translation in English of the announcement published by D&M Holdings Inc. in Tokyo on November 9, 2007, is attached. Figures are expressed in Japanese accounting standards (Japanese GAAP).

D&M Holdings Inc. (www.dm-holdings.com) is one of the current seven portfolio companies of the Company. D&M Holdings Inc. manufactures markets and sells premium audio-visual systems and components and digital entertainment home networking products for home and professional use. D&M Holdings Inc. markets these products under its brand names Denon, Marantz, McIntosh Laboratory, Boston Acoustics, Snell Acoustics, D&M Professional, D&M Premium Sounds Solutions, Denon DJ, Replay TV� and Escient�.

D&M Holdings Inc. is listed on the second section of the Tokyo Stock Exchange under the ticker 6735. The Company currently holds approximately 51.3% of D&M Holdings Inc.'s issued and outstanding shares (not including the exercise of any stock acquisition rights).

DISCLAIMER

This announcement does not constitute an offer or invitation to purchase any securities.

FORWARD-LOOKING STATEMENTS

The attached announcement contains forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These statements are based on the current plans, estimates and projections of D&M Holdings Inc. as well as on its expectations of external conditions and events. Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Neither the Company nor D&M Holdings Inc. undertake to update any of the statements in light of new information or future events, except to the extent required by applicable law.

For further information, please contact :

Arnaud DENIS
Investor Relations Director
RHJ International
e-mail : adenis@rhji.com

Complete press release (PDF format): http://hugin.info/135946/R/1167372/228963.pdf

Copyright � Hugin ASA 2007. All rights reserved.