52-Week Performance Chart

TOP MUTUAL FUND HOLDERS	POSITION
Manning & Napier Pro-Blend Extended Term Series	30,903
Manning & Napier Pro-Blend Maximum Term Series	28,103
Independent Securities BCI Worldwide Flexible Fund	25,884

Data provided by FactSet Research Systems Inc.

Important Notice to Investors of Unsponsored DRs and GDNs:

From time to time, BNY may pay a rebate to brokers that deposit shares with BNY for the issuance of unsponsored depositary receipts (DRs) or global depositary notes. BNY assumes no obligation or responsibility, and expressly disclaims any liability arising out of, or relating to, such rebates, including without limitation whether the rebate or any portion of it is passed on to the beneficial holders by the brokers.
Unsponsored DRs may be issued by multiple depositary banks servicing a particular DR program. Consequently, as a result of Depository Trust & Clearing Corporation (“DTCC”) practice, the actual cash distribution fees charged may differ from the BNY fees detailed in the fee schedule as fees will be charged in accordance with the fee schedule of the depositary bank that is considered to be the “First Filer”. The fees to be charged for any particular unsponsored cash distribution will be disclosed on the event announcement published by the “First Filer”. BNY takes no responsibility for the level of fees charged by any other depositary bank. The “First Filer” is the depositary bank that filed the first Form F-6 for a program with the U.S. Securities and Exchange Commission (“SEC”). In the event the actual “First Filer” does not have DRs outstanding for a program, the next depositary bank who filed a
Form F-6 with the SEC and has DRs outstanding will be deemed to be the First Filer for these purposes.

DR Details

DR Symbol	HESAY
CUSIP	42751Q105
DR Venue	OTC
DR ISIN	US42751Q1058
Ratio DR:ORD	10:1
First Filer	CIT
Underlying ISIN	FR0000052292
Underlying SEDOL	5253973
Country	France
Effective Date	Nov 07, 2008
Depositary	BK, CIT, DB, JPMC (Unsponsored)
Industry	Personal Goods

Hermes International is engaged in creating and manufacturing luxury goods. The Company's segments include: leather goods & saddlery, which encompasses bags for men and women, clutches, briefcases, luggage, small leather goods, diaries and writing objects, saddles, bridles and a full range of equestrian products and clothing; ready-to-wear and accessories, which encompasses ready-to-wear for men and women, belts, hats, gloves, the internet of things and shoes; silk and textiles which encompasses silk for men and women; other Hermès sectors which encompasses Jewelry and the Hermès Art of Living and Tableware; perfume and beauty; watches; and other products.

Data provided by Mergent, Inc.

Fee Type in US Dollar per ADS	Deposit Agreement
Annual Depositary Service	up to $0.1000
Cancellation	up to $0.1000
Cash Distribution	up to $0.1000
Issuance	up to $0.1000
Registrar Inspection	up to $0.0000
Cash Distribution(Other)	up to $0.1000
Rights - Issuance	up to $0.1000
Stock Dividend	up to $0.1000
Transfer	up to $0.0000
Cable Fee per Cancellation	$17.5000

Monthly Trading Summary

Month	Month End DR Close Price	DR Trading Volume	Avg Day DR Trading Volume
May.25	275.55	1,003,922	47,806
Apr.25	273.93	1,524,307	72,586
Mar.25	262.03	988,430	47,068

Depositary Receipts Foreign Exchange Pricing Disclosure

Hermes International SCA Homepage