Dufry exercises option to buy 20% from minority partner in Brazil

Media Release

Basel, 29 January, 2015

Dufry exercises option to buy 20% from minority partner in Brazil

On 28thJanuary, 2015, Dufry exercised its option to buy 20% of the equity of Dufry Lojas Francas (DLF) for a total amount of CHF 148 million from its minority partner Brasif Group. After the exercise of the option, Dufry holds 80% of DLF.

DLF is Dufry's operating entity for new duty free businesses in Brazil, which includes the duty free operations at Guarulhos airport in Sao Paulo.

For further information please contact:

Renzo Radice

Global Head Investor Relations & Corporate Communications

Phone: [phone]

[e-mail]

Sara Lizi Head Investor Relations Phone: [phone] [e-mail] Rafael Duarte Investor Relations Phone [phone] [e-mail]

Lubna Haj Issa Head Corporate Communications Phone [phone] [e-mail] Mario Rolla Head Corporate Communications Phone: [phone] [e-mail]

Dufry Group - A leading global travel retailer

Dufry AG (SIX: DUFN; BM&FBOVESPA: DAGB33) is a leading global travel retailer operating over 1,700 duty-free and duty-paid shops in airports, cruise lines, seaports, railway stations and downtown tourist areas.

Dufry employs around 21,000 people. The Company, headquartered in Basel, Switzerland, operates in more than 60 countries around the world.

Social Responsibility

Dufry cares for children and supports social projects from SOS Kinderdorf in Brazil, Cambodia, Mexico, Morocco and Ivory Coast. SOS Children's Villages is an independent, non-political and non-demonstrational organization established for orphaned and destitute children all over the world.

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