(30/04/2008) VAN DE VELDE : interim report

Interim report 30.04.2008 Major events and transactions since 1 January 2008 No important events have occurred during 2008 with a significant impact on the company's financial structure. General description of the financial position and the results The price per share of Top Form International has fallen since 1 January 2008 from HKD 0.89 per share to HKD 0,61 per share. As a consequence, the value of balance sheet assets has shrunk by EUR 4.6 million. The financial position is otherwise unchanged. Prospects Turnover growth of around 3% is expected over the first two quarters of 2008. Operating income is expected to grow 5%. Van de Velde NV is a leading player 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: Van de Velde NV - Lageweg 4 - 9260 Schellebelle - 09 365 21 00 www.vandevelde.eu Ignace Van Doorselaere CEO Luc Markey CFO Copyright Hugin [CN#136486]