MPH.L Regulatory News (MPH)

15 Apr 2005 11:59

Marchpole Holdings PLC15 April 2005 For Immediate Release 15 April 2005 Marchpole Holdings plc Marchpole Holdings plc, which designs, produces and sells high quality clothingand accessories for six world class brands (Yves Saint Laurent, Boateng,Jean-Charles de Castelbajac ('JCC'), Rossignol, Emanuel Ungaro and Ungaro) makesthe following comment in relation to recent press speculation. "The directors note the press comment published this morning. The businessstrategy that has successfully been in place for the past three years has seenMarchpole create a portfolio of high quality brands and licensing arrangements,including, Yves Saint Laurent, Boateng, Jean-Charles de Castelbajac ('JCC'),Rossignol, Emanuel Ungaro and Ungaro." The new business streams have alreadycontributed significantly to the growth of the Company and the investments wehave made in these brands to date underwrite the future potential. We wouldhighlight that the current licence with Yves Saint Laurent runs up to 31December 2006. With our strong record of successful brand acquisitions and development, we arewell placed to continue to develop this strategy adding further world wideprestigious brand and licensing opportunities. We expect to release our preliminary results for the year ended 31 March 2005 on8 June 2005 and we are confident in achieving market estimates. For further information contact: MarchpoleGreg Tufnell - Chief ExecutiveJustin Hampshire - Finance Director020 7908 7700 Shore CapitalAlex Borrelli020 7408 4090 Buchanan CommunicationsTim Thompson / Nicola Cronk020 7466 5000 Notes to editors:Marchpole announced in November 2004, strong interim results for the six monthsended 2 October 2004, with operating profit up 194% to £2.6 million (2003:£0.9m) on increased turnover of £15.7 million (2003 : £8.0 million). This information is provided by RNS The company news service from the London Stock Exchange