(The following press release from Morgan Stanley was received by e-mail. 
The sender verified the statement.) 
Red & Black Holding GmbH announces placement of 7 million shares in Hugo Boss AG 
Oberursel, May 3, 2013. Red & Black Holding GmbH ("Red & Black"), a company 
held by funds advised by Permira, announced today that it has sold 7.0 million 
registered shares of its stake in Hugo Boss AG ("Hugo Boss") (ISIN 
DE000A1PHFF7), an equivalent to c. 9.9% percent of the entire share capital of 
Hugo Boss. Through the sale of 7.0 million shares, Red & Black's stake was 
reduced to c. 56% percent. 
The transaction was executed via an accelerated book building process led by 
Morgan Stanley as Sole Bookrunner and Unicredit Group as Co-Bookrunner. 
Red & Black has entered into a lock-up period for their remaining shareholdings 
in Hugo Boss of 270 days. 
Morgan Stanley Syndicate 
Kristen Pugno
Morgan Stanley | Global Capital Markets
20 Bank Street | Canary Wharf | Floor 05
London, E14 4AD
Phone: +44 20 7677-3276<> 
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