For further information:

Renzo Radice
Head Corporate Communications & Investor Relations
Charles Vögele Trading AG
Gwattstrasse 15
CH-8808 Pfäffikon
Tel.: +41 (0)55 416 74 02
Fax: +41 (0)55 410 12 82
Email: renzo.radice@charles-voegele.com
 

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WKN 920 919 / ISIN CH0006937772

Disclosure of shareholdings according to the Stock Exchange Act

As announced on February 28, 2008 the parties identified in the attachment have announced to act as concert party of shareholders of Charles Vögele Holding AG. The concert party holds a total participation in the company capital of Charles Vögele Holding AG (securities number 693777 / ISIN CODE CH000693777) of 20.642% as of February 26, 2008. This corresponds to 1’816’447 bearer shares and to 20.642% of the voting rights of Charles Vögele Holding AG. For further information please call Simon James, Cheyne Capital Management (UK) LLP, Stronoway House 13 Cleveland Row, London, SW1A 1DH.

Charles Vögele Group AG
Charles Vögele Holding AG is a leading independent European clothing retailer with 816 sales outlets in Switzerland, Germany, Austria, Belgium, the Netherlands, Slovenia, Hungary, Poland and the Czech Republic. In the first half of 2007 it employed a total of 7 656 people. Charles Vögele Holding AG’s shares are quoted on the SWX Swiss Exchange (ticker: VCH; Bloomberg VCH SW; Reuters VCHZ.S).

Pfäffikon, February 29, 2008

Concert party / Group of Shareholders

Sterling Strategic Value Limited Vanterpool Plaza, Wickhams Cay 1, Road town, Tortola, British Virgin Islands - The voting rights of Sterling Startegic Value Limited are controlled by 100% by Gritlot Limited, 4th Floor, Celtic House, Victoria Street, Douglas, Isle of Man, the voting rights of which are controlled by 100% by Dr. Tito Tettamanti.
Dr. Tito Tettamanti 45/47 Marylebone Lane, W1H2NT London
Massimo Pedrazzini Via G.B. Pioda 14, 6901 Lugano, Switzerland
Cheyne Special Situations Fund LP Walker House, 87 Mary Street, George Town, Grand Cayman, Cayman Islands, KY1-9002
Cheyne Vista Fund LP Walker House, 87 Mary Street, George Town, Grand Cayman, Cayman Islands, KY1-9002
LAXC Limited Craigmuir Chambers, P.O.Box 71, Road Town, Tortola, British Virgin Islands
Leaf Ltd Craigmuir Chambers, P.O.Box 71, Road Town, Tortola, British Virgin Islands
Leaf LP 615 South Dupont Highway, County of Kent, City of Dover, State of Delaware 19901, USA
Laxey Investors Limited Akara Building, 24 De Castro Street, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands
Laxey Investors LP The Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA
LP Alternative LP 615 South Dupont Highway, County of Kent, City of Dover, State of Delaware 19901, USA
LP Value Ltd. Craigmuir Chambers , P.O.Box 71, Road Town, Tortola, British Virgin Islands
Laxey Universal Value LP The Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA
Managed account on behalf of:  
Altma Sicav Plc in respect of Gardiner Sub-Fund 171 Old Bakery Street, Valeta, Malta
Managed account on behalf of:  
Sprugos Investments XII LLC 2711 Centerville Road, Suite 400, Wilmington , New Castle County ,Delaware 19801, USA
The Value Catalyst Fund Limited PO Box 309, Ugland House, South Church Street, George Town, Grand Cayman, Cayman Island, British West Indies