Maus Frères In Agreement With Lennart Björk And Gant's Master Franchisees - Holds 95.6 Percent Of The Shares

Nacka Strand, Sweden, Jan 31, 2008 - (ABN Newswire) - Maus Frères S.A. ("Maus Frères") has through its subsidiary Procastor S.A. ("Procastor") increased its ownership in Gant Company AB (publ) ("Gant"), effectively completing the acquisition of Gant. Maus Frères has acquired 10,006,970 additional shares representing 59.7 percent of the shares and votes in Gant for SEK 320 per share, including the shares of Gant's Chairman Lennart Björk and those of a number of Gant's master franchisees. Maus Frères now holds a total of 16,031,138 shares in Gant, representing 95.6 percent of the shares and votes in Gant.



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Gant Company AB

http://www.gant.com

ISIN: SE0001664210

Stock Identifier: XOME.GANT