DGAP-Adhoc: GERRY WEBER International AG resolves to terminate the current share buy-back program and to make a public share buy-back offer


Gerry Weber International AG / Share Buyback

10.02.2009 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Based on the resolution by the Shareholders' Annual General Meeting on June
4, 2008, the Management Board of GERRY WEBER International AG resolved
today to terminate the current share buy-back program via the stock
exchange and, in lieu thereof, to submit a public offer to the company's
shareholders to repurchase up to 1,442,448 no par value bearer shares in
the company (ISIN DE0003304101), corresponding to a pro-rata amount of up
to 6.28 percent in the current share capital.

The acceptance period for the offer begins on February 12, 2009 and ends on
March 4, 2009 at 24.00 hours (CET). During this period, the shareholders of
GERRY WEBER International AG may offer their shares for repurchase at a
purchase price of 18.90 EUR per no par value bearer share in GERRY WEBER
International AG (excluding ancillary acquisition costs). This offer price
corresponds to a premium of approx. 1.51 percent on the reference price in
the amount of 18.62 EUR, consisting of the volume weighted average share
price of GERRY WEBER International Shares in the XETRA trading system
during the fifth until the third (including) stock exchange trading day
prior to the publication of the public share buy-back offer. If more than
1,442,448 GERRY WEBER International Shares are tendered into this offer
(over-subscription), the declarations of acceptance shall be accepted on a
pro-rata basis.

Based on the resolution of the Shareholders' Annual General Meeting on June
4, 2008, the repurchased shares may be used as consideration for mergers or
for the acquisition of companies or interests therein. The Management Board
is also authorised to redeem the repurchased shares all or in part.

To the Management Board’s knowledge, individual major shareholders of GERRY
WEBER International AG intend to participate in the offer.

More detailed information on the offer will be published by the Company on
February 12, 2009 under the section 'The Share' on the website of GERRY
WEBER International AG at http://www.gerryweber-ag.com.

The Management Board

Halle/Westphalia, February 10, 2009


Investor relations contact:

Hans-Dieter Kley
Tel.: +49 (0) 52 01 185-0
E-mail: b.uhlenbusch@gerryweber.de
www.gerryweber-ag.de


DGAP 10.02.2009 
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Language:     English
Issuer:       Gerry Weber International AG
              Neulehenstraße 8
              33790 Halle/Westfalen
              Deutschland
Phone:        +49 (0)5201 185-0
Fax:          +49 (0)5201 5857
E-mail:       h.kley@gerryweber.de
Internet:     www.gerryweber-ag.de
ISIN:         DE0003304101
WKN:          330410
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
              Freiverkehr in Berlin, Stuttgart
End of News                                     DGAP News-Service
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