TIFFANY & CO. (UK) HOLDINGS LIMITED ANNOUNCES CHANGE OF TERMS
Tiffany & Co. (UK) Holdings Limited
Tiffany & Co. (UK) Holdings Limited (the “Issuer”) would like to announce that the following changes have been made to the terms of the GBP 125,811,955 6.68 per cent. Notes due 2018 (the “Notes”) that were listed on the Cayman Stock Exchange pursuant to a listing document dated March 31, 2008:
1. the Issuer shall, immediately upon receipt of any notice from any noteholder requiring it to redeem all or any of its Notes, redeem the Notes which are the subject of the notice at a price equal to 100 per cent. of the principal amount of such Notes together with interest accrued to (but excluding) the date of redemption; and
2. certain other ancillary changes.
These changes have been approved by the holder of 100% of the Notes.
For and on behalf of the Issuer:
Patrick B. Dorsey
For more information, please contact Michael Bunn at Ogier (345.949.9876)