SWX Swiss Exchange: The shares Of Dufry Ltd (DUFN) Open At CHF 80

Today, the shares of Dufry Ltd, a Swiss travel retailer, were traded in the main market of the SWX Swiss Exchange for the first time. Yesterday, i.e. on Monday, an issue price of CHF 80 was determined. The opening price on the SWX also was CHF 80. This corresponds to a market capitalisation of CHF 1’125 million. Dufry belongs not only to the SPI®, but also to the SPI EXTRA®.

According to the listing prospectus, of the 14,062,500 registered shares entered in the Commercial Register, 4,072,250 or 28.96 % of all outstanding shares were placed with the public. If the option for an additional 407,225 shares is chosen (over-allotment option), the free float may reach 31.85 %.

Dufry is an international travel retailer domiciled in Switzerland. It has retail outlets at airports, on cruise ships, in harbours, at train stations, in city centres, on ferries and at border crossings in thirty countries on four continents. It implements several retail concepts.

At the end of September 2005, Dufry Ltd had 4,080 employees. In 2004, the company generated a turnover of CHF 850.5 million and a net profit of CHF 11.8 million.