General Information - Capital Reorganisation

Boussard & Gavaudan Holding Limited
a closed-ended investment company incorporated with limited liability
      under the laws of Guernsey with registration number 45582


                            Dual listing


Boussard & Gavaudan Holding Limited ("B&G Holding" or the  "Company")
today announces  that the  admission to  listing and  trading of  the
sterling shares of  the Company (the  "Sterling Shares") on  Euronext
Amsterdam by NYSE Euronext  took place on an  "as-if-and-when-issued"
basis on  28 July  2008 ("Amsterdam  Admission").  The  Company  also
announces that the  admission of  the Sterling  Shares and  Company's
euro shares ("Euro Shares")  to the Official List  of the UK  Listing
Authority and  to trading  on the  London Stock  Exchange plc's  main
market for  listed  securities  occurred on  28  July  2008  ("London
Admission", together with the Amsterdam Admission, "Admission").

Sterling Shares

The starting net asset  value per  share of the  Sterling Shares  was
£10, as at the conversion calculation date on 30 June 2008.

The conversion  ratio of  0.831452 for  the Euro  Shares to  Sterling
Shares was calculated as at 30 June 2008 based on:

-          a net asset value per share of the Sterling Shares  of £10
-            a   net   asset   value   per   share   of   the    Euro
Shares  of ¤10.5114
-          a spot currency conversion rate of ¤1 : £0.7910.


Other information on the shares


Euro Shares                                       Sterling Shares

ISIN
GG00B1FQG453                             GG00B39VMM07

Amsterdam
SEDOL
B1FQG45
B39VMN1

London
SEDOL
B28ZZQ1                                           B39VMM0


Bloomberg
Amsterdam                                                        BGHL
NA                                           BGHS NA

Bloomberg
London                                   BGHL
LN                                           BGHS LN

Reuters
Amsterdam
BGHL.AS                                           BGHS.AS

Reuters
London
BGHSx.L                                            BGHS.L



29 July 2008


B&G Asset Management                       [phone]
Emmanuel Gavaudan


This announcement  is for  information purposes  only and  is not  an
offer to invest. The Company  is registered with the Dutch  Authority
for the Financial Markets as a collective investment scheme  pursuant
to article  2:73 in  conjunction  with 2:66  of the  Dutch  Financial
Supervision Act (Wet op het financieel toezicht). All investments are
subject to risk. Past performance is no guarantee of future  returns.
Prospective investors are  advised to seek  expert legal,  financial,
tax and  other  professional  advice  before  making  any  investment
decision. The value of investments may fluctuate. Results achieved in
the past are no guarantee of future results.

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