LAN Land OF Leather

    RNS Number : 7469W
  Land of Leather Holdings plc
  16 June 2008
   

    16 June 2008

    Land of Leather Holdings plc

    Statement Regarding Press Speculation


    Land of Leather Holdings plc ("Land of Leather") notes weekend press speculation. 

    Land of Leather confirms that it is in the process of finalising an underwritten equity fundraising which it expects to announce during
the course of this week.  Land of Leather has received indications of support for the equity fund raising from shareholders, including its
directors, who together hold over 50 per cent. of its issued share capital.

    While Land of Leather expects that it will be able to complete such a fundraising there can be no certainty that any such fundraising
will be announced.

    A further announcement will be made in due course. 


    Enquiries:

 Hudson Sandler  Tel: 020 7796 4133
 Andrew Hayes    Tel: 07720 893 500
 James White


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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