Appointment of Corporate Broker and Financial Adviser

Appointment of Corporate Broker and Financial Adviser Boussard & Gavaudan Holding Limited (the "Company") is pleased to announce that Oriel Securities Limited has been appointed corporate broker and financial adviser to the Company with immediate effect. 14 May 2009 Further information: B&G Asset Management +44 20 7514 0700 Emmanuel Gavaudan Oriel Securities Limited +44 (0)20 7710 7600 Joe Winkley Sapna Shah The Company is a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registration number 45582. The Company has received the necessary approval of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. The Company is registered with the Dutch Authority for the Financial Markets as a collective investment scheme pursuant to article 2:73 in conjunction with 2:66 of the Dutch Financial Supervision Act (Wet op het financieel toezicht). This announcement is for information purposes only and is not an offer to invest. All investments are subject to risk. Past performance is no guarantee of future returns. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.