09:35     EGANAGOLDPFEIL<00048>-Announcement & Resumption of Trading-5        

                                   subsidiary of                              
                                   SSG                                        
    `Salamander Czech'             Salamander CR, spol. s.ro., a              
                                   company duly incorporated in               
                                   the laws of Czech Republic                 
                                   with a file no.: 457 99 709                
                                   with the Prague commercial                 
                                   register. The total capital                
                                   stock of Salamander Czech is               
                                   18,222,000 Czech crowns.                   
                                   Salamander Czech is a                      
                                   wholly-owned subsidiary of                 
                                   Salamander                                 
                                   Austria                                    
    `Salamander European           120 Retail Shops, operated by              
    Operations'                    SSG Subsidiaries, bearing the              
                                   name of Salamander, for                    
                                   marketing and retailing                    
                                   various branded leather shoes              
                                   and related products in                    
                                   Europe, other than                         
                                   Germany                                    
    `Salamander France'            Salamander France S.A.S., a                
                                   company duly incorporated in               
                                   the laws of French Republic                
                                   with a file no.: RCS B 612                 
                                   044 214 (1961 B04421) with                 
                                   the Paris commercial                       
                                   register. The total capital                
                                   stock of Salamander France is              
                                   EUR4,458,600. Salamander                   
                                   France is a wholly-owned                   
                                   subsidiary of                              
                                   SSG                                        
    `Salamander German Movable     Movable Fixed Assets existed               
    Fixed                          in the 52 Salamander German                
    Assets'                        Retail Shops and the head                  
                                   office of SSHG as at 31st                  
                                   March,                                     
                                   2005                                       
    `Salamander German             Inventories such as shoes,                 
    Inventories'                   leather goods and textiles,                
                                   shoe care products and other               
                                   accessories owned by SSHG and              
                                   existed in the 52 Salamander               
                                   German Retail Shops as at                  
                                   31st March,                                
                                   2005                                       
    `Salamander Hungary'           Hungaria Kereskedelmi Kft, a               
                                   company duly incorporated in               
                                   the laws of Hungary with a                 
                                   file no.:01-09-062198 with                 
                                   the commercial register at                 
                                   the Budapest commercial                    
                                   court. The total capital                   
                                   stock of Salamander Hungary                
                                   is HUF662,880,000. Salamander              
                                   Hungary is 99.849% owned by                
                                   SSG while the remaining                    
                                   0.151% is owned by Cipoipari               
                                   es Kereskedelmi Kft, also an               
                                   independent third party not                
                                   connected with the Company,                
                                   SSG, SSHG and                              
                                   EnBW                                       
    `Salamander Marken'            Salamander Marken GmbH & Co.               
                                   KG., a company duly                        
                                   incorporated in Germany and                
                                   is the registered owner of                 
                                   the national and                           
                                   international Salamander                   
                                   Trademark                                  
                                   Rights                                     
    `Salamander Poland'            Salamander Polska Sp.zo.o., a              
                                   company duly incorporated in               
                                   the laws of the Republic of                
                                   Poland with a file no.: KRS                
                                   162092 with the regional                   
                                   court commercial register.                 
                                   The total capital stock of                 
                                   Salamander Poland is PLN                   
                                   2,808,000. Salamander Poland               
                                   is a wholly-owned subsidiary               
                                   of                                         
                                   SSG                                        
    `Salamander Russia'            Gesellschaft mit begrenzter                
                                   Haftung, a company duly                    
                                   incorporated in the laws of                
                                   the Russian with a government              
                                   registration no.:                          
                                   1027739625165 with the                     
                                   standard government register               
                                   of legal persons. The total                
                                   capital stock of Salamander