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FRANCE: Appointment of Didier Suberbielle as President of Pommery

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LVMH Moet Hennessy Louis Vuitton (Nasdaq:LVMHY), the world's leading luxury goods group, today announced that Didier Suberbielle (HEC), currently International Director at Moet & Chandon, which he joined in 1995, will succeed Jean-Marie Lefevre as President of Pommery.Commenting on this appointment, Philippe Pascal, President of the Wines and Spirits business group, said: "Pommery is a great Champagne house, which has developed its international appeal and rejuvenated its image over the past five years under Jean-Marie Lefevre. From now on he will dedicate himself to the art world, a field he knows well."Didier Suberbielle has worked for five years as Marketing Director and then Commercial Director, on further developing Moet & Chandon, the world's leader in champagne. He now takes up the presidency of Pommery with a very good knowledge of consumers' needs and of the international market."Jean-Marie Lefevre (Ecole Centrale, INSEAD MBA), President of Pommery since 1995, will assist and report to Pierre Letzelter from now on, in coordinating the management of art and auction activities within the Group.These appointments are effective as of Oct. 1, 2000.


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