MPH.L Regulatory News (MPH)

2 Aug 2005 09:52

Marchpole Holdings PLC02 August 2005 FOR IMMEDIATE RELEASE 02 August 2005 Marchpole Holdings plc ("the Company") Marchpole Update Marchpole Holdings plc, which designs, produces and sells high quality clothingand accessories for world class brands, today announces a resolution to thedispute with Ozwald Boateng and Bespoke Couture Ltd. The Court of Appeal ruled on two issues confirming the original judgmentregarding O-Z at Debenhams, and allowing the counter appeal on Bicester Villagealthough with certain restrictions on goods sold. Greg Tufnell, Chief Executive commented: "Although we are disappointed with the outcome, we are pleased to reach a finalresolution. We remain committed to the brand and it is business as usual". For further information contact: Marchpole Greg Tufnell - Chief Executive 020 7908 7700 Justin Hampshire - Finance Director Shore Capital Alex Borrelli 020 7408 4090 Buchanan Tim Thompson / Nicola Cronk 020 7466 5000 Notes to editors The Marchpole brands include; two Emanuel Ungaro labels : Emanuel Ungaro andUngaro as well as labels; Yves Saint Laurent, Boateng, Jean-Charles deCastelbajac ('JCC') and Jean-Charles de Castelbajac / Rossignol. In May this year, Marchpole announced its preliminary results for the year ended31 March 2005, with turnover up 62% at £32.5 million and profit before tax up79% at £4.7 million. For further information, please go to www.marchpole.com This information is provided by RNS The company news service from the London Stock Exchange