Date

N r.*

New price target

Analyst

2/4/2010 1:13 PM	Hold	26.00 EUR	LAMPE
2/4/2010 12:43 PM	Buy	31.00 EUR	HVB
2/4/2010 10:49 AM	Sell	22.00 EUR	Equinet
2/4/2010 10:34 AM	Hold	n/a	WdLB

*New recommendation

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Bankhaus Lampe raises target for Hugo Boss to 26 EUR – "Hold" DÜSSELDORF (dpa-AFX Analyser) - Bankhaus Lampe raised the upside target for Hugo Boss from 23 EUR to 26 EUR but left the grading at "Hold" after figures. "The new upside target is due to a sector evaluation among other things", wrote analyst Christoph Schlienkamp in a study on Thursday. "The surprising preliminary figures that were published were way above my expectations". The visibility of the business of the fashion manufacturer has also got better in the last few months in the opinion of the expert. Date 2/4/2010 1:13 PM Timeframe 360 days New price target 26.00 EUR Previous target price 23.00 EUR New recommendation Hold Previous recommendation Hold

Unicredit leaves Hugo Boss at "Buy" – target 31 EUR MUNICH (dpa-AFX Analyser) - Unicredit left the grading for Hugo Boss at "Buy" and left the upside target at 31 EUR after figures for the business year 2009. "The turnover and profit of the fashion manufacturer were above my expectations", wrote analyst Volker Bosse in a study on Thursday. “The outlook, however, is quite conservative.” Date 2/4/2010 12:43 PM Timeframe 360 days New price target 31.00 EUR Previous target price 31.00 EUR New recommendation Buy Previous recommendation Buy

Equinet raises target for Hugo Boss to 22 EUR – "Sell" FRANKFURT (dpa-AFX Analyser) - Equinet raised the upside target for Hugo Boss from 15 EUR to 22 EUR but left the grading at "Sell" after figures. "The preliminary figures for the fashion manufacturer are better than I expected both for the fourth quarter and for the whole of 2009", wrote analyst Ingbert Faust in a study on Thursday. "With regard to the still extremely appropriate debts a reduction for the sector would be justified", says the expert. Date 2/4/2010 10:49 AM Timeframe 360 days New price target 22.00 EUR Previous target price 15.00 EUR New recommendation Sell Previous recommendation Sell

WestLB raises Hugo Boss to "Neutral" after figures FRANKFURT (dpa-AFX Analyser) - WestLB raised the shares from Hugo Boss from "Sell" to "Neutral" and cancelled the upside target after preliminary figures. "The key data was a positive surprise for turnover and cleaned operative profit, but the surplus was in the scope of expectations", wrote analyst Thomas Rosenke in a study on Thursday. The expert raised his turnover expectations for 2010 and 2011 by an average of 4% and his profit prognoses by 7 and 16% per share. Date 2/4/2010 10:34 AM Timeframe 360 days New price target n/a Previous target price 19.70 EUR New recommendation Hold Previous recommendation Sell