BGHL May 2009 Newsletter

Good afternoon, Please find enclosed BGHL May 2009 Newsletter. Best regards, Enquiries: Boussard & Gavaudan Asset Management, L.P. Emmanuel Gavaudan Email: Telephone: +44 207 514 0700 This document is issued by Boussard & Gavaudan Asset Management, L.P. which is authorised and regulated in the conduct of investment business by the Financial Services Authority in the United Kingdom. This document is for information purposes only and is not an offer to invest. Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. Boussard & Gavaudan Holding Limited is registered with the Dutch Authority for Financial Markets as a collective investment scheme under article 1.107 of the Dutch Financial Markets Supervision Act. All investment is subject to risk. Past performance is no guarantee of future performance, and the price of shares in Boussard & Gavaudan Holding Limited can fall as well as rise. Boussard & Gavaudan Asset Management, L.P., 1 Dover Street, London, W1S 4LA. This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.