(07/01/2008) VAN DE VELDE : Turnover 2007

Turnover growth of almost 6% in 2007 The consolidated turnover established in accordance with IFRS rose from EUR 123.0 million in 2006 to EUR 130.3 million in 2007. Turnover per market breaks down as follows: +----------+-------------+------------+-------+------+ | Market | 2007 | 2006 |Growth |Share | +----------+-------------+------------+-------+------+ | |(E millions) |(E millions | (%) | (%) | +----------+-------------+------------+-------+------+ | | | | | | +----------+-------------+------------+-------+------+ |Eurozone | 99.0 | 97.3 | + 1.7 | 76 | +----------+-------------+------------+-------+------+ |Elsewhere | 31.3 | 25.7 |+ 21.8 | 24 | +----------+-------------+------------+-------+------+ |Total | 130.3 | 123.0 | + 5.9 | 100 | +----------+-------------+------------+-------+------+ Turnover growth was a little higher in the second half of the year (+6.6%) than in the first six months (+5.5%). This is due to a slight increase in secondary orders. Turnover growth was mainly achieved outside the eurozone (+22.3% in H2). Turnover per brand breaks down as follows: +-----------+-------------+-------------+-------+------+ | Brand | 2007 | 2006 |Growth |Share | +-----------+-------------+-------------+-------+------+ | |(E millions) |(E millions) | (%) | (%) | +-----------+-------------+-------------+-------+------+ | | | | | | +-----------+-------------+-------------+-------+------+ |Marie Jo | 70.4 | 68.4 | + 2.9 | 54.0 | +-----------+-------------+-------------+-------+------+ |PrimaDonna | 58.8 | 54.5 | + 7.9 | 45.2 | +-----------+-------------+-------------+-------+------+ |Other | 1.1 | 0.1 | - | 0.8 | +-----------+-------------+-------------+-------+------+ |Total | 130.3 | 123.0 | + 5,9 | 100 | +-----------+-------------+-------------+-------+------+ Full 2007 results and projections for 2008 will be announced on the morning of Friday 15 February 2008. A press and analysts meeting will follow the announcement of those results. Van de Velde NV is one of the leading players in the luxury and fashionable women's lingerie sector. Van de Velde is convinced of a long-term strategy based on expanding and developing brands around the Lingerie Styling concept (fit, style and fashion), especially in Europe and North America. For more information contact: Van de Velde NV - Lageweg 4 - 9260 Schellebelle - 09 365 2100 www.vandevelde.eu Ignace Van Doorselaere CEO Luc Markey CFO Copyright Hugin [CN#130477]