(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 Kristen.Pugno@MorganStanley.com<mailto:Kristen.Pugno@MorganStanley.com> ________________________ NOTICE: Morgan Stanley is not acting as a municipal advisor and the opinions or views contained herein are not intended to be, and do not constitute, advice within the meaning of Section 975 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. If you have received this communication in error, please destroy all electronic and paper copies and notify the sender immediately. Mistransmission is not intended to waive confidentiality or privilege. Morgan Stanley reserves the right, to the extent permitted under applicable law, to monitor electronic communications. This message is subject to terms available at the following link: http://www.morganstanley.com/disclaimers If you cannot access these links, please notify us by reply message and we will send the contents to you. By messaging with Morgan Stanley you consent to the foregoing.
RED & BLACK HOLDING PLACEMENT OF 7 MLN SHARES IN HUGO BOSS