HUGO BOSS AG - HUGO BOSS abode agreement

HUGO BOSS reaffirms advance action with abode agreement

Metzingen, March 19, 2008. To authenticate their aplomb in the Group's approaching growth, the HUGO BOSS Managing Board and Works Council accept closed a absolute abode acceding with the abutment of the Supervisory Board. Now that negotiations accept been auspiciously completed, the aggregation is responding to the columnist advantage of the accomplished few days.

"The cardinal acclimatization of the Group charcoal unchanged," declared Joachim Reinhardt, Chief Financial Officer of HUGO BOSS AG. "The proposed allotment transaction will not constrain the banking adaptability bare by the aggregation to achieve acquisitions and accomplish abiding amoebic growth."

"Record levels of investment are planned both this year and in the approaching with the ambition of announcement renewed advance and creating new jobs," commented Hans Fluri, Chief Operating Officer at HUGO BOSS AG. "Our majority actor will be actively acknowledging this amplification affairs and the basic amount it will necessarily entail."


This has aswell been accepted by the Chairman of the Works Council, Antonio Simina: "The Works Council, the Managing Board and the majority actor Permira adore a able alive accord and there is accord on the action that the Group will be advancing in the future. From the angle of the Works Council, we are decidedly admiring with the abode acceding and the ambition to actualize added jobs."


Further advice on HUGO BOSS AG can be begin on our website at www.group.hugoboss.com.

Should you accept any questions, amuse contact:

Philipp Wolff
Director of Communication

Phone: +49 (0) 7123 94-2375
Fax: +49 (0) 7123 94-2051

HUGO BOSS 19 March 2008_e^
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