LVMH Moët Hennessy Louis Vuitton announced today that it will end its American Depository Receipt (ADR) programme as well as the listing in Brussels

This decision has been taken in view of the fact that the vast majority of investors trade LVMH stock through Euronext, LVMH’s primary exchange and the ADR programme represents a tiny proportion of equity capital with very thin daily volumes traded. The Group’s ADRs will remain trading on the NASDAQ through Friday, October 18, 2002, and will be delisted from the NASDAQ effective prior to the open of business on Monday, October 21, 2002. By the same token, volumes of shares traded in Brussels no longer justify a dedicated listing on that Exchange.