Notification of election to adopt FRS 101

4 March 2016

Jimmy Choo PLC

Notification of election to adopt FRS 101 for parent company financial statements

Following the publication of FRS 100, 'Application of financial reporting requirements', by the Financial Reporting Council, Jimmy Choo PLC is required to change the accounting framework for the financial statements of the parent company for the financial year commencing 1 January 2015.

The parent company financial statements were previously completed under UK GAAP.  The Board considers that it is in the best interests of Jimmy Choo PLC to adopt FRS 101 'Reduced disclosure framework' which permits certain disclosure exemptions for all accounting periods commencing on or after 1 January 2015. No disclosures contained in the current parent company financial statements would be omitted on the adoption of FRS 101.

The consolidated financial statements of Jimmy Choo PLC will continue to be prepared in accordance with EU International Financial Reporting Standards and are unaffected by the new financial reporting framework.

A shareholder or shareholders holding in aggregate 5% or more of the total allotted shares in Jimmy Choo PLC may serve objections to the use of the disclosure exemptions, in writing, to the Company Secretary at the Company's registered office at 10 Howick Place, London SW1P 1GW not later than 20 March 2016.