DGAP-PVR: Hugo Boss AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution


Hugo Boss AG / Release of an announcement according to Article 21, Section 1 of the WpHG [the German Securities Trading Act] (share)

02.05.2008 

Release of a Voting Rights announcement
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Notification pursuant to section 26 paragraph 1 WpHG (German Securities
Trading Act)

On May 2, 2008, HUGO BOSS was notified of the following voting rights
announcements pursuant to section 21 paragraph 1 and section 22 WpHG
(German Securities Trading Act) of Valentino Fashion Group S.p.A., Milan,
Italy (until May 1, 2008 trading under the name of
Red & Black S.p.A., Milan, Italy), registered in the company register Milan
on June 26, 2007 under the number 05786030964:


1. On May 1, 2008 Valentino Fashion Group S.p.A., Milan, Italy registered
in the company register on February 15, 2005 under the number 047403870962
(hereinafter named as 'Valentino Old') has been merged into Red & Black
S.p.A., Milan, Italy. Thereby Valentino Old is lapsed. Legal successor is
Red & Black S.p.A., Milan, Italy.

2. In the course of the above mentioned merger the company Red & Black
S.p.A. has been named in Valentino Fashion Group S.p.A. (hereinafter named
as 'Valentino New') on May 1, 2008.

3. Against the background of the above mentioned merger and renaming
Valentino New notify pursuant to section 21 paragraph 1 and section 22 WpHG
as follows:

As the legal successor of Valentino Old: The proportion of voting rights of
Valentino Old held in HUGO BOSS AG, Metzingen, Germany, has gone below the
limits of 75%, 50%, 30%, 25%, 20%, 15%, 10%, 5% und 3% on May 1, 2008 and
amounts 0,00% since this day (no voting rights).

For the company itself: The proportion of voting rights of Valentino New
held in HUGO BOSS AG, Metzingen, Germany, continues to amount more than 75%
of the voting rights as of May 1, 2008, namely 89,49% of voting rights
(32.092.026 voting rights). A proportion of voting rights of 88,02 %
(31.563.471 voting rights) shall be attributable to Valentino New from the
shares held by V.F.G. International N.V., Amsterdam, Netherlands, pursuant
to section 22 paragraph 1 sentence 1 no. 1 in connection with sentence 3
WpHG (German Securities Trading Act). V.F.G. International N.V. is a
company controlled indirectly by Valentino New. A further proportion of
voting rights of 1, 47% (528.555 voting rights) shall be attributable to
Valentino New from the own shares held by HUGO BOSS AG pursuant to section
22 paragraph 1 sentence 1 no. 1 in connection with sentence 3 WpHG (German
Securities Trading Act).


Metzingen, May 2, 2008      The Managing Board

DGAP 02.05.2008 
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Language:     English
Issuer:       Hugo Boss AG
              Dieselstraße 12
              72555 Metzingen
              Deutschland
Internet:     www.hugoboss.com
End of News                                     DGAP News-Service
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