RNS Number:0447S
Brait S.A.
13 November 2003

                                         BRAIT S.A.

                         Incorporated under the laws of Luxembourg

(R.C. Luxembourg B-13861)





                         DALAIS RESIGNS AS BRAIT DEPUTY CHAIRMAN



Thierry Dalais announced today that he had resigned as deputy chairman and
director of Brait with immediate effect.



                                    Share code :  Brait


                                ISIN number : LU0011857645


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            The company news service from the London Stock Exchange
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