Esprit appointed Thomas Tang as Executive Director and Group Chief Financial Officer (BILD)

Hong Kong, China (ots) -

- Cross-reference: Picture is available at:
http://www.presseportal.de/galerie.htx?type=obs -

Esprit Holdings Limited (SEHK:330) is pleased to announce that Mr
Thomas Tang Wing Yung will be appointed as Executive Director of the
Company and take over as Group Chief Financial Officer with effect
from 2 May 2012. Mr Tang will lead and oversee the finance and
accounting functions, as well as other corporate functions including
Legal & Compliance, Company Secretary, Tax, Investor Relations, IT ,
Treasury and Internal Audit.

Dr Hans-Joachim Körber, Chairman of the Board, says: "The Board
would like to take this opportunity to welcome Mr Tang to the company
and express its appreciation to Mr Chew again for his valuable
contribution to the Company during his tenure of office."

Ronald van der Vis, Group CEO of Esprit, added "We are delighted
to welcome Thomas, who has extensive experience in finance and
management of operations, as Group CFO and member of the Board of
Management. Thomas will spend at least half of his time in Europe and
work together with me and the rest of the Board of Management to
ensure timely and smooth execution of the Transformation Plan. I am
confident that Thomas will bring to us new insights and passion, and
contribute to re-establishing Esprit as a leading, inspiring fashion
brand with sustainable profitable growth".

Thomas Tang Wing Yung, aged 56, obtained his Bachelor of Science
degree in Modern Mathematics from Surrey University, United Kingdom.
He has over 30 years of experience in accounting and finance. Prior
to joining the Company, Thomas Tang was executive director and chief
financial officer of Sino Land Company Limited and Sino Hotels
(Holdings) Limited and chief financial officer of Tsim Sha Tsui
Properties Limited, which are all listed on the main board of The
Stock Exchange of Hong Kong Limited. Prior to joining the Sino
group, he was managing director of an investment and financial
advisory services firm that is a member of an international group,
overseeing operations in the Asia-Pacific region. Thomas Tang started
his career as an accountant working for Peat Marwick (KPMG) in London
and Hong Kong.

Esprit Holdings Limited (www.espritholdings.com) is a constituent
stock of the Hang Seng Index, MSCI Hong Kong Small Cap Index and FTSE
All-World Index for Hong Kong. Its subsidiaries are engaged in the
retail and wholesale distribution of quality lifestyle products
designed under its globally recognized Esprit and edc brands. The
Group operates around 1,100 directly managed retail stores worldwide
and distribute through more than 11,000 controlled space wholesale
point-of-sales internationally, occupying total selling space of over
1,000,000 m2.

Contact:
Hartmut Schultz Kommunikation GmbH:
Hartmut Schultz
Tel: (+49) 89 99 24 96 20
e-mail: hs@schultz-kommunikation.de

Investor relations contact:
Patrick Lau Tel: (852) 2765-4232
e-mail: esprit-ir@esprit.com