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Valora Holding AG

Valora to reorganise Melisa SA

Muttenz (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies/Reorganisation Melisa SA
As part of its strategy programme, Valora is
making structural adjustments to its operations in the 
Italian-speaking part of Switzerland and adapting them to evolving 
market conditions.
- Melisa SA´s press wholesaling operations, hitherto based in the 
Ticino, will be centralised at the Valora group´s Muttenz facility. -
The Melisa bookshops in Lugano, Locarno and Grancia will be 
maintained. In line with the group´s new organisational structure, 
these outlets will be incorporated into the Valora Retail division. -
The logistics functions at the Bedano railhead will be maintained and
will be incorporated into Valora Logistics. - Melisa´s book 
wholesaling operations will be continued for the foreseeable future. 
The scope for co-operative ventures in this area is being 
investigated.
While Valora intends to maintain its operations in the Ticino, a 
number of organisational and staffing changes are essential. The 
number of jobs at the Bedano facility will be reduced by 22 by the 
end of October 2009. Every effort will be made to ease the burden on 
those affected, all of whom will receive individual advice and 
support.
These measures are aimed at maintaining Valora Media´s 
competitiveness and strengthening its position in the increasingly 
challenging press and book markets.
Melisa SA - Established in 1939 to supply books to Italian war 
refugees - Melisa, which is based in Bedano in the canton of Ticino, 
became part of Valora in 1999. - Total employees: 74 Activity areas: 
- Wholesaling, import and distribution of press and books (through 
340 sales outlets, plus a subscription service) - Book retailing 
(through 3 bookshops).
end of announcement                               euro adhoc

Further inquiry note:

Investor Relations: Phone: +41 58 789 12 20
Mladen Tomic E-mail: mladen.tomic@valora.com

or

Media Relations: Phone: +41 58 789 12 01
Stefania Misteli E-mail: stefania.misteli@valora.com

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

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