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Paris - February 1, 2005 - A.S. Watson (France) SAS, a wholly-owned subsidiary of Hutchison Whampoa Limited (HKEx : 0013; LSE: HWH), announced on January 28, 2005, that the AMF granted a visa nº 05 048 on the information notice provided by the company relating to the offer, announced on Friday, January 14, 2005, to Marionnaud shareholders SA (MAR : FP).
The offer is opened as from today.
Remind of the offer conditions
The offer is conditional to obtaining over 50.01% of the issued share capital.
About A.S. Watson
A.S. Watson (ASW) is one of the longest established and best-known trading names originating in Asia. With a history dating back to 1828, ASW has evolved into a truly international retail and manufacturing business with operations in 21 markets (excluding Marionnaud) across Asia and Europe.
In Asia, A.S. Watson's health and beauty chain operates under the name of Watsons Your Personal Care Store, which at present has over 950 outlets in 9 markets. In Europe, A.S. Watson's current retail network comprises of 7 health and beauty retail brands, with 3,482 stores in 10 countries:
| ASW Health & Beauty chains | Countries/Markets where it operates |
| Watsons | Hong Kong, China, Taiwan, Macau, Singapore, Malaysia, Thailand, Philippines, Korea |
| Kruidvat | Netherlands, Belgium |
| Trekpleister | Netherlands |
| ICI PARIS XL | Netherlands, Belgium, Luxembourg |
| Rossmann | Germany, Poland, Hungary, Czech Republic |
| Superdrug | United Kingdom |
| Savers | United Kingdom |
| Drogas | Latvia, Lithuania |
A wholly-owned subsidiary of Hong Kong-based multinational conglomerate Hutchison Whampoa Limited, ASW operates a total of 14 retail brands with over 4,800 stores spanning from health & beauty chains to food, electronics & general merchandise, and airport duty free. It is also an established player in the beverage industry, providing a full range of beverages from bottled water, fruit juices, soft drinks and tea products to some of the world's finest wine labels via its international wine wholesaling and distribution network. ASW currently employs over 64,000 people worldwide and in 2003, its turnover was over US$ 7 billion.
For any further information, please connect you on www.aswatson.com
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