PARFUMS GIVENCHY LIMITED (Registered No. 939525

THE COMPANIES ACT 1985, SECTION 175

To whom it may concern, notice is hereby given pursuant to section 175 of the Companies Act 1985 that: (1) The above-named company has approved a payment out of capital for the purpose of acquiring its own shares by purchase. (2) The amount of the permissible capital payment for the shares in question is £600,107.00 and the resolution approving such payment out of capital was passed on 10th March 1999. (3) The statutory declaration of the directors’ and the auditors’ report required by section 173 of the said Act are available for inspection at the Company’s registered office at 11-13 Old Esher Road, Hersham, Walton-on-Thames, Surrey KT12 4NH. (4) Any Creditor of the Company may at any time within the five weeks immediately following 10th March 1999, apply to the Court under section 176 of the said Act for an Order prohibiting the payment.