Valora Holding AG

EANS-Adhoc: Valora Holding AG
Changes in Group Executive Management

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this

For personal reasons, Lorenzo Trezzini, the Valora Group's CFO, has decided to
relinquish his position and leave Valora's Group Executive Management. He will
remain with Valora and continue to carry out his current duties until a
successor has been appointed.

Valora's Board of Directors regrets this and thanks Lorenzo Trezzini for his
substantial commitment to the Valora Group over the last four years and for all
his hard work for the company. The Board respects his decision and wishes him
the best for the future, both personally and professionally. 

The search for a new CFO has already begun. Once a successor has been appointed,
Valora will announce this.

Further inquiry note:
Investor Relations:    
Mladen Tomic
Tel.:   +41 58 789 12 20


Media Relations:  
Stefania Misteli  
Tel.:   +41 58 789 12 01

end of announcement                               euro adhoc 

issuer:      Valora Holding AG
             Hofackerstrasse 40
             CH-4132 Muttenz
phone:       +41 61 467 20 20
FAX:         +41 58 789 12 12
sector:      Retail
ISIN:        CH0002088976
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange 
language:   English

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