BRIEF-Esprit Holdings Says Administration Proceedings Filings By German Subsidiaries

Reuters05-15

May 15 (Reuters) - Esprit Holdings Ltd :

* SELF-ADMINISTRATION PROCEEDINGS FILINGS BY GERMAN SUBSIDIARIES

* TO APPLY FOR COMMENCEMENT OF INSOLVENCY PROCEEDINGS UNDER SELF-ADMINISTRATION OVER EACH SUBSIDIARY'S ASSETS

* SUBSIDIARIES RESOLVED TO APPROVE SELF-ADMINISTRATION PROCEEDINGS FILINGS

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