Valora Holding AG

euro adhoc: Valora Holding AG
Annual & Special Corporate Meetings
Valora Holding AG´s shareholders approve all motions proposed to the General Meeting by the Board.

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 29.04.2008 Dividend of CHF 9 per share approved Board authorised to buy back Valora shares in order to reduce share capital Board members´ terms of office reduced to one year Bernhard Heusler to join Valora´s Board of Directors Rolando Benedick, Markus Fiechter, Franz Julen and Conrad Löffel all re-elected Valora Holding AG´s Ordinary General Meeting of Shareholders in Bern was attended by 419 shareholders. The shareholders attending in person, plus those whose shares were represented through proxies granted to the independent shareholders´ representative, to custodians´ representatives and to the company itself, represented a total of 1'068´503 outstanding voting shares of Valora Holding AG. The General Meeting of Shareholders approved all agenda items recommended by the Board of Directors. Full details of the votes cast are displayed on the Valora website ( ). Dividend and share buy-back The dividend of CHF 9 per share entitled to dividend which was proposed by the Board was approved and will be distributed to shareholders on May 9, 2008. The General Meeting also authorised the Board to buy back a maximum of 500,000 shares for the purpose of reducing the company´s outstanding share capital. The share buy-back programme will be initiated in the next months. Elections to the Board and shorter terms of office Shareholders approved the Board´s proposal that Directors´ terms of office be reduced from three years to one year. The company´s Articles of Incorporation will be modified accordingly. Bernhard Heusler was elected to serve a one-year term of office as a new Board member. The existing Board members Rolando Benedick, Markus Fiechter, Franz Julen and Conrad Löffel were all re-elected for one-year terms also. The remaining Board members declined to stand for re-election. New composition of the Board Committees Following the Ordinary General Meeting of Shareholders, the newly constituted Board of Directors held its first meeting, at which it appointed Rolando Benedick as Chairman and Markus Fiechter as Vice-Chairman. Membership of the Board Committees was decided as follows: Audit Comittee: Conrad Löffel (Chairman) Bernhard Heusler Rolando Benedick Nomination and Compensation Committee: Franz Julen (Chairman) Markus Fiechter Rolando Benedick CEO and Retail Division Head positions both successfully filled The newly appointed CEO, Dr. Thomas Vollmoeller, and the new Head of Valora´s Retail division, Kaspar Niklaus, presented themselves to shareholders at today´s Annual General Meeting. They are both not only recognised retail specialists but also have impressive track records in the field of organisational development. Valora´s Directors are convinced that with these appointments, and the new Board composition, the essential prerequisites for Valora´s long-term and sustained success have now been met. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: Valora Holding AG Im Internet recherchierbar: Further inquiry note: Please address any questions relating to this media release to : Media Relations Stefania Misteli Phone +41 58 789 12 01 Mobile +41 79 467 52 16 E-mail Investor Relations Stefan Knuchel Phone: +41 58 789 12 20 Mobile: +41 79 430 52 45 E-mail: Branche: Retail ISIN: CH0002088976 WKN: 208897 Börsen: SWX Swiss Exchange / official market BX Berne eXchange / official dealing

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