18.11.2004 – 19:40

Precious Woods Holding Ltd.

euro adhoc: Precious Woods Holding AG, Zug
Financing, Stock Offerings
Private Placement by Precious Woods

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

Fifteen Swiss, German and US based individual and institutional
investors have subscribed to 111‘395 shares of authorised capital in
the course of a private placement by Precious Woods Holding Ltd.. The
funds raised by the Company amounting to CHF 8,5 million will be used
for investments in the core activities of the Group in Central
America and Brazil.

Precious Woods is active in the reforestation and sustainable
management of tropical forests, downstream wood processing and timber
trading. The shares of Precious Woods have been listed on the SWX
Swiss Exchange since March 2002. More information about the Company
and its activities may be found on the web site www.preciouswoods.com.

end of announcement                    euro adhoc 18.11.2004 18:00:00 

Kontakt:

Precious Woods Holding AG, Zug
Dr. Andres Gut, CEO
Tel. 41 1 245 80 10
mailto:office@preciouswoods.ch

Branche: Forestry & Timber
ISIN: CH0013283368
WKN: 982280
Index: SPI
Börsen: SWX Swiss Exchange / official dealing