Exhibit 99 (d)(7) MUTUAL NON-DISPARAGEMENT AND RELEASE AGREEMENT THIS MUTUAL NON-DISPARAGEMENT AND RELEASE AGREEMENT (the "Agreement") is entered into as of April 30, 2004 by and among Gucci America, Inc., a Delaware corporation ("GAI"), Gucci Group...Mutual Non-Disparagement and Release Agreement • May 5th, 2004 • Gucci Group Nv • Leather & leather products • New York
