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Esprit Holdings Ld (EPT)

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Monday 05 December, 2005

Esprit Holdings Ld

Result of AGM


                            Esprit Holdings Limited                            

               (Incorporated in Bermuda with limited liability)                

                               (STOCK CODE: 330)                               

                  POLL RESULTS OF THE ANNUAL GENERAL MEETING                   

                           HELD ON DECEMBER 2, 2005                            

The directors of the Company (the 'Directors') are pleased to announce that at
the Annual General Meeting of the Company held on December 2, 2005 (the 'AGM'),
all resolutions put to shareholders, including, inter alia, the payment of a
final dividend of 66 Hong Kong cents per share and a special dividend of 84
Hong Kong cents per share for the year ended June 30, 2005, were duly passed.

Set out below are the poll results in respect of the resolutions passed at the
AGM of the Company:

                                                         Number of Votes (%)   
                                                                               
                         Resolutions                       For        Against  
                                                                               
1       To receive and consider the audited            654,870,239   1,410,594 
        consolidated financial statements and the                              
        Reports of the Directors and Auditors of the     (99.79%)     (0.21%)  
        Group for the year ended June 30, 2005.                                
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              
                                                                               
2       To approve a final dividend of 66 Hong Kong    675,543,494       0     
        cents per share for the year ended June 30,                            
        2005.                                           (100.00%)     (0.00%)  
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              
                                                                               
3       To approve a special dividend of 84 Hong Kong  675,543,494       0     
        cents per share for the year ended June 30,                            
        2005.                                           (100.00%)     (0.00%)  
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              
                                                                               
4(i)    To re-elect Mr. Michael YING Lee Yuen as a     723,850,793  30,391,999 
        Director and authorize the Directors to fix                            
        his remuneration.                                (95.97%)     (4.03%)  
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              
                                                                               
4(ii)   To re-elect Mr. Thomas Johannes GROTE as a     745,925,624   8,317,168 
        Director and authorize the Directors to fix                            
        his remuneration.                                (98.90%)     (1.10%)  
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              
                                                                               
4(iii)  To re-elect Mr. Raymond OR Ching Fai as a      752,050,665   3,479,094 
        Director and authorize the Directors to fix                            
        his remuneration.                                (99.54%)     (0.46%)  
                                                                               
        As more than 50% of the votes were cast in favour of this resolution,  
        the resolution was duly passed as an ordinary resolution.              

5   To re-appoint Messrs. PricewaterhouseCoopers as    673,895,000  1,648,494 
    Auditors and to authorize the Directors to fix                            
    their remuneration.                                 (99.76%)     (0.24%)  
                                                                              
    As more than 50% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as an ordinary resolution.                     
                                                                              
6   To grant a general mandate to the Directors to     675,672,994 32,847,308 
    purchase shares of the Company not exceeding 10                           
    per cent. of the issued share capital of the        (95.36%)     (4.64%)  
    Company as at the date of this resolution.                                
                                                                              
    As more than 50% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as an ordinary resolution.                     
                                                                              
7   To grant a general mandate to the Directors to     361,566,479 314,006,015
    issue, allot and deal with additional shares of                           
    the Company up to a maximum of 20 per cent. of the  (53.52%)    (46.48%)  
    issued share capital of the Company, except in the                        
    case of an allotment of shares solely for cash and                        
    unrelated to any asset acquisition, up to a                               
    maximum of 5 per cent. of the issued share capital                        
    of the Company, as at the date of this resolution.                        
                                                                              
    As more than 50% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as an ordinary resolution.                     
                                                                              
8   To extend the general mandate granted to the       631,578,842 43,967,652 
    Directors to issue shares of the Company in                               
    resolution no. 7 by the number of shares            (93.49%)     (6.51%)  
    repurchased.                                                              
                                                                              
    As more than 50% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as an ordinary resolution.                     
                                                                              
9   To approve the refreshment up to 5 per cent. of    404,351,784 254,738,262
    the scheme mandate limit of the 2001 Share Option                         
    Scheme.                                             (61.35%)    (38.65%)  
                                                                              
    As more than 50% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as an ordinary resolution.                     
                                                                              
10  To approve the amendments to the Bye-laws of the   674,002,994  1,928,481 
    Company.                                                                  
                                                        (99.71%)     (0.29%)  
                                                                              
    As more than 75% of the votes were cast in favour of this resolution, the 
    resolution was duly passed as a special resolution.                       

Notes:

1. As at the date of AGM, the total number of issued shares in the Company was
1,208,927,434 shares, which was the total number of shares entitling the
holders to attend and vote for or against the resolutions at the AGM. None of
these 1,208,927,434 shares were shares entitling the holders to attend and vote
only against the resolutions at the AGM.

2. Secretaries Limited, the Company's branch share registrar in Hong Kong, was
appointed as the scrutineer for the vote-taking at the AGM.

3. As at the date of this announcement, the directors of the Company are:

Executive Directors:                  Michael YING Lee Yuen (Chairman)
                                      Heinz Jürgen KROGNER-KORNALIK (Deputy Chairman)
                                      John POON Cho Ming (Deputy Chairman)
                                      Thomas Johannes GROTE
                                      Jerome Squire GRIFFITH

Non-executive Directors:              Jürgen Alfred Rudolf FRIEDRICH
                                      Simon LAI Sau Cheong

Independent Non-executive Directors:  Paul CHENG Ming Fun
                                      Alexander Reid HAMILTON
                                      Raymond OR Ching Fai

                                                        By Order of the Board                             
                                                         John Poon Cho Ming                               
                                                           Deputy Chairman                                

Hong Kong, December 2, 2005


                                                                                                                                                                                                                                             

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