TIDMGBR

RNS Number : 6239Y

Global Brands S.A.

02 March 2012

2 March 2012

Global Brands S.A. ("Global Brands" or "the Company")

Holding in Company

Global Brands was informed today that Griffin Two Limited sold 2,250,000 shares on 29 February and now holds 4,000,000 shares in the Company. Therefore, its per cent holding in the Company has decreased from 3.41% to 2.18%.

Please note that in the announcement of 17 February 2012, the holding of Griffin Two Limited was erroneously portrayed as holding 4.09% of the Company, a shareholding equivalent to 7,500,000 shares. Griffin Two Limited only received 6,250,000 shares on 17 February.

Global Brands S.A.

   Simon Bentley, Chairman                                                       Tel: (0) 20 7317 8022 
   Bruce Vandenberg, CEO                                                        www.globalbrands.ch

Libertas Capital

Thilo Hoffmann Tel: (0) 20 7569 9650

Sandy Jamieson www.libertascapitalpartners.com

Alexander David Securities Ltd

Bill Sharp Tel: (0) 20 7448 9812

Fiona Kinghorn Tel: (0) 20 7448 9829

www.ad-securities.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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