horizon21

Horizon21 to acquire full ownership of HPM

Pfaeffikon SZ (ots) - Horizon21 Wealth Management Holding, a subsidiary of Horizon21 Holding, extends its stake in HPM Portfolio Management AG (HPM), Pfaeffikon SZ, Switzerland, from 60 to 100 percent. Next to the full acquisition of HPM the transaction includes the integration of Horizon21 Wealth Management. The transaction is expected to be completed by June 30, 2006. Terms of the acquisition were not disclosed. All employees of HPM will be integrated with Horizon21 Wealth Management. In this way, its presence on the market is strengthened and its position expanded. Pfaeffikon SZ, June 29, 2006 About Horizon21 Horizon21 is an investment manager based in Pfaeffikon SZ, Switzerland, and employs around 50 people. Horizon21 Wealth Management provides wealth management to sophisticated investors. Horizon21 Alternative Investments, Horizon21 Private Equity and Horizon21 Active Alpha form a worldwide network of financial companies focusing on alternative investments. About Horizon21 Wealth Management Horizon21 Wealth Management is a business unit of the investment manager Horizon21. It provides wealth management for sophisticated investors. By taking advantage of a customized and structured investment approach it creates added value for its clients. The investment approach is based on the investment philosophy and on the investment platform built for the needs of the principals. Contact at Horizon21: Urs Wieser Head of Marketing & Communication Horizon21 Management Services Poststrasse 4 8808 Pfaeffikon SZ Tel.: +41/55/415'20'44 Fax: +41/55/415'20'01 E-Mail: urs.wieser@horizon21.com Contact at Horizon21 Wealth Management: Reto Suter, COO Horizon21 Wealth Management Poststrasse 4 8808 Pfaeffikon SZ Switzerland Tel.: +41/55/415'22'33 Fax: +41/55/415'22'01 E-Mail: reto.suter@horizon21.com Internet: info@horizon21.com, www.horizon21.com

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