CFR - Compagnie Financiere Richemont SA Depositary Receipts - Press Release

CFR - Compagnie Financiere Richemont SA Depositary Receipts - Press Release     
Compagnie Financiere Richemont SA Depositary Receipts                           
issued by Richemont Securities AG                                               
(Incorporated in Switzerland)                                                   
ISIN: CH0045159024                                                              
Depositary Receipt Code: CFR                                                    
PRESS RELEASE FOR IMMEDIATE RELEASE                                             
MR NICOLAS HAYEK                                                                
The management and employees of Richemont wish to express their deep sorrow at  
the news of the sudden death of Mr Nicolas Hayek.                               
Mr Johann Rupert, Richemont Executive Chairman and Group Chief Executive Officer
paid the following tribute:                                                     
"Having worked with Nicolas Hayek in a professional capacity for many years and 
having regarded him as a personal friend and mentor, I was deeply saddened to   
learn of his death.                                                             
On behalf of all of my colleagues at Richemont, let me take this opportunity to 
extend our most sincere condolences to Mrs Hayek and to his family.             
Nicolas Hayek`s death is an immense loss for Switzerland and for the watch      
industry.  He was the driving force behind Swiss watchmaking; its leader and its
saviour.  Our industry has lost one of its champions, respected by everyone who 
dealt with him; a man of honour, gravitas and great personal charm.             
He was a true leader and entrepreneur and an inspiration to me.  He will be     
missed by all those who were fortunate enough to have known him."               
Sponsor                                                                         
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Compagnie Financiere Richemont SA                                               
50, Chemin de la Chenaie  1293 Bellevue - Geneva Switzerland                    
Telephone +41 (0)22 721 3500  Telefax +41 (0)22 721 3550                        
www.richemont.com                                                               
29 JUNE 2010                                                                    
Date: 29/06/2010 10:16:54 Supplied by www.sharenet.co.za                     
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