EANS-Adhoc: Precious Woods Holding Ltd.
Change in the Board of Directors of
Precious Woods
Dr. Rudolf Wehrli to step down as member of the Board as per 1 October 2012
following his nomination as chairman of Economiesuisse effective
07.08.2012 – 20:32
-------------------------------------------------------------------------------- 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 announcement. -------------------------------------------------------------------------------- Sustainable Forestmanagement 07.08.2012 Zug/Zurich, 8 August 2012 - There will be a change in the Board of Directors of Precious Woods Holding Ltd (SIX Swiss Exchange: PRWN) effective as per 1 October 2012: Following his nomination to become the new chairman of Economiesuisse, Rudolf Wehrli decided to step down from several board memberships amongst others from his function as member of the Board of Precious Woods. Rudolf Wehrli has been member of the Board since 2007. The Board of Directors of the Precious Woods Holding Ltd regrets Rudolf Wehrli's decision; at the same time they would like to congratulate him to his nomination and wish him all great success as well as personal satisfaction in his new task. With Rudolf Wehrli leaving the Board of Directors of Precious Woods, this body will be reduced to five members. end of ad-hoc-announcement ================================================================================ Precious Woods is an international company active in the sustainable management and use of tropical forests. The company's core activities include reforestation and sustainable management of tropical forests, timber processing and the trading of FSC-certified timber products. The generation of emission rights and electricity from wood waste represent further integral elements of the company's business. Shares of Precious Woods Holding Ltd have been listed on the SIX Swiss Exchange since March 2002. Additional information about Precious Woods can be found at www.preciouswoods.com. Further inquiry note: Precious Woods Holding AG Brunhilde Mauthe Head of Group Communications & Marketing Services Tel. +41 44 245 81 20 Fax +41 44 245 81 12 media@preciouswoods.com end of announcement euro adhoc -------------------------------------------------------------------------------- issuer: Precious Woods Holding Ltd. Baarerstrasse 79 CH-6301 Zug phone: +41 44 245 80 10 FAX: +41 44 245 80 12 mail: office@preciouswoods.com WWW: http://www.preciouswoods.com sector: Forestry & Timber ISIN: CH0013283368 indexes: SPI stockmarkets: Main Standard: SIX Swiss Exchange language: English