De Rigo has Repurchased 5% of its Total Share Capital

De Rigo has Repurchased 5% of its Total Share Capital 


LONGARONE, Italy, July 19  /PRNewswire-FirstCall/ -- De Rigo, one of the
world's leading eyewear companies, has repurchased 2,225,000 of its existing
shares, representing approximately 5% of its total capital, from the Prada
Group at a price of USD 6.30 per share.

The transaction was conducted in accordance with the existing share repurchase
program, for which the Company is authorized to repurchase up to 4,400,000 of
its ordinary shares, through November 2005. At the date of this announcement,
the Company repurchased a total of 2,448,000 of its outstanding shares, at an
average price of 6.08 USD per share.

De Rigo is one of the world's largest manufacturers and distributors of premium
eyewear, the major optical retailer in Spain through General Optica, one of the
leading retailers in the British optical market through Dollond & Aitchison and
a partner of the LVMH Fashion Group for the manufacture and distribution of
Givenchy, Celine, Fendi and Loewe eyewear. De Rigo also manufactures and
distributes the licensed brands Escada, Etro, Fila, Furla, La Perla, Mini and
Onyx and its own brands Police, Sting and Lozza. 

DATASOURCE: De Rigo S.p.A.



CONTACT:  For further information, please contact: Maurizio Dessolis,

Chief Financial Officer, Tel [phone], Fax

[phone], e-mail: 

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