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Precious Woods Holding Ltd.

Precious Woods offsets the Annual Meeting 2009 of the World Economic Forum

Zug (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
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As every year, world political and economic
leaders will gather later this month in Davos, Switzerland, to 
discuss current global issues and find solutions to the challenges 
the world is facing today. To offset the greenhouse gas emissions 
generated by participants attending the Annual Meeting, the World 
Economic Forum, through the Davos Climate Alliance and myclimate, 
works with specific qualified compensations projects.
For the CO2-compensation of the upcoming Annual Meeting, to be held 
from January 28 to February 1, the Swiss company Precious Woods, 
leader in Sustainable Forest Management, has been chosen. Its biomass
power plant in the Brazilian Amazon replaces the former diesel based 
electricity system with a renewable and local energy source and hence
reduces 150´000 tons of CO2 emissions.
The World Economic Forum only selects the very best projects 
worldwide. The selection for the Annual Meeting 2009 signifies for 
Precious Woods recognition of the sustainable impact of its 
activities as well as a confirmation of its vision that the best way 
to conserve tropical forests is managing them sustainably.
More Information:
www.preciouswoods.com/images/stories/flyer_wef_pwe.pdf
www.preciouswoods.com
www.davosclimatalliance.org
end of announcement                               euro adhoc

Further inquiry note:

Patrick Mauron
Head of Corporate Communication
Precious Woods Holding Ltd.
Militärstrasse 90
CH-8021 Zürich
Tel.: +41 44 245 81 20
E-Mail: patrick.mauron@preciouswoods.com

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

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