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Renzo Radice
Leiter 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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Corporate News

WKN 920 919 / ISIN CH0006937772

Disclosure of shareholdings according to the Stock Exchange Act

As announced on April 18, 2008, the parties identified in the attachment who act as concert party of shareholders of Charles Vögele Holding Ltd. for the coordination of voting rights and in order to submit items to the agendas of the annual general meetings (AGM) 2008 and 2009 of Charles Vögele Holding Ltd. hold a total participation in the company capital of Charles Vögele Holding Ltd. (securities number 693777 / ISIN CODE CH000693777) of 23.848% as of April 16, 2008. This corresponds to 2’098’580 bearer shares and to 23.848% of the voting rights of Charles Vögele Holding Ltd. For further information please call Simon James, Cheyne Capital Management (UK) LLP, Stornoway House 13 Cleveland Row, London, SW1 1DH.
This disclosure is issued because of the change of type of understanding within the concert action partners. The announcement of the building of the concert action had already been disclosed on February 29, 2008.


Charles Vögele Group
Charles Vögele Group is a major independent European fashion retailer with 825 branches in Switzerland, Germany, Austria, Belgium, the Netherlands, Slovenia and Hungary, as well as in the Czech Republic and Poland. In the 2007 financial year, the company employed a total of 7 811 people and generated net sales of CHF 1 394 million. Charles Vögele Holding AG’s shares are quoted on the SWX Swiss Exchange (ticker: VCH; Bloomberg VCH SW; Reuters VCHZ.S).

Pfäffikon, April 21, 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 Capital Management (UK) LLP acting as discretionary fund manager for and on behalf of:  
Cheyne Special Situations Fund LP Walker House, 87 Mary Street, George Town, Grand Cayman, Cayman Islands, KY1-9002
Cheyne Capital Management (UK) LLP acting as discretionary fund manager for and on behalf of:  
Cheyne Vista Fund LP Walker House, 87 Mary Street, George Town, Grand Cayman, Cayman Islands, KY1-9002
Address of Cheyne Capital Management (UK) LLP: Stornoway House, 13 Cleveland Row, SW1A 1CH London, United Kingdom
LAXC Limited (managed by Laxey Partners Limited) Craigmuir Chambers, P.O.Box 71, Road Town, Tortola, British Virgin Islands
Leaf Ltd (managed by Laxey Partners Limited) Craigmuir Chambers, P.O.Box 71, Road Town, Tortola, British Virgin Islands
Leaf LP (managed by Laxey Partners Limited) 615 South Dupont Highway, County of Kent, City of Dover, State of Delaware 19901, USA
Laxey Investors Limited (managed by Laxey Partners Limited) Akara Building, 24 De Castro Street, Wickhams Cay 1, Road Town, Tortola, British Virgin Islands
Laxey Investors LP (managed by Laxey Partners Limited) The Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware 19801, USA
LP Alternative LP (managed by Laxey Partners Limited) 615 South Dupont Highway, County of Kent, City of Dover, State of Delaware 19901, USA
LP Value Ltd. (managed by Laxey Partnes Limited) Craigmuir Chambers , P.O.Box 71, Road Town, Tortola, British Virgin Islands
Laxey Universal Value LP (managed by Laxey Partners Limited) 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
Address of Laxey Partners Limited managed by Laxey Partners Limited: The Old Chapel, Onchan, Isle of Man, IM3 1NA