Precious Woods Holding Ltd.

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

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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
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Further inquiry note: 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



Weitere Meldungen: Precious Woods Holding Ltd.

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