Statement re. Press Comment

10 Dec 2007 11:30

Baugur Group10 December 2007 Baugur Group hf Statement re Press Speculation Baugur Group hf ("Baugur") notes the recent press speculation regarding apossible offer for Moss Bros Group plc ("Moss Bros"). Baugur confirms it isconsidering its options in relation to its indirect interest in Moss Bros, whichmay include making an approach to the Board of Moss Bros regarding a possibleoffer. This announcement does not constitute an announcement of a firm intention tomake an offer under Rule 2.5 of The City Code on Takeovers and Mergers andaccordingly there can be no certainty an offer will be made. Enquiries to: Gavin Anderson & CompanyFergus Wylie +44 20 7554 1400 END This information is provided by RNS The company news service from the London Stock Exchange