2004 Dividend increases 12%

At the Annual Shareholders’ Meeting of LVMH Moët Hennessy Louis Vuitton held on May 12, 2005, approval was given for the payment of a net dividend for financial year 2004 of 0.95 Euro per share, representing an increase of 12 % compared to last year.

Taking into account the 0.25 Euro paid on December 2, 2004, the balance of 0.70 Euro will be paid on May 18, 2005.