30.11.2007 – 07:10

Valora Holding AG

euro adhoc: Valora Holding AG
Board of Directors (Appointments and Changes) / Valora Holding AG: Fritz Ammann steps down. Extraordinary general meeting to be called.

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

Extraordinary general meeting

30.11.2007

Fritz Ammann has resigned at his own request from his position as 
Chairman of Valora´s Board of Directors with immediate effect. The 
Board thanks him for the substantial contribution he has made over 
many years.

As soon as possible, the Board of Directors will call an 
extraordinary general meeting of shareholders. The Board has 
appointed Beatrice Tschanz-Kramel as its interim Chairman. She will 
step down as a Board member at the ordinary annual general meeting of
shareholders which will take place on April 29, 2008.

end of announcement                               euro adhoc 30.11.2007 07:00:00

Further inquiry note:

Valora Holding AG
Belpstrasse 37
CH-3007 Bern
Switzerland
Tel. + 41 058 789 11 11
Fax + 41 058 789 11 12
info@valora.com
www.valora.com

Branche: Retail
ISIN: CH0002088976
WKN: 208897
Börsen: SWX Swiss Exchange / official market
BX Berne eXchange / official dealing