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Precious Woods Holding Ltd.

euro adhoc: Precious Woods Holding Ltd.
Management Changes
Change in Group Management at Precious Woods

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
13.05.2008
Ted Scheidegger, CFO of Precious Woods, has accepted an appointment 
as CEO of a Company in Germany which is planning its IPO. He will 
therefore be leaving Precious Woods in the coming summer, but will 
remain available to support Precious Woods as a consultant for a 
transition period.
Ted Scheidegger joined Precious Woods in 2001 and supported Precious 
Woods with his valuable know-how and high commitment. He was 
instrumental for the initial listing of Precious Woods on the SWX 
Swiss Exchange in 2002 and for numerous acquisitions and capital 
increases completed since then. He was also responsible for the 
set-up and management of the ground breaking emission reductions 
business.
Until the executive management team has been completed, CEO Andreas 
Heusler will also handle the responsibilities of CFO for an interim 
period. The Chairman of the Board, Andres Gut, will support him in 
his other duties during this time.
end of announcement                               euro adhoc

Kontakt:

Precious Woods Holding AG, Zug
Dr. Andres Gut, Chairman
Tel. +41 44 245 80 10
E-Mail: office@preciouswoods.com

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

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Weitere Storys: Precious Woods Holding Ltd.