euro adhoc: Precious Woods Holding Ltd. / quarterly or semiannual financial statement / Strong sales growth and positive profit trend continue at Precious Woods

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quaterly report

20.11.2007

In the first 9 months of 2007, Precious Woods grew net sales of
timber and electricity by 85% from USD 32.0 million to USD 59.1
million compared to the same period of the prior year. Profit from
operating activities increased from USD 2.4 million to USD 6.9
million and net income from USD 2.3 million to USD 6.6 million. The
figures are only conditionally comparable, as prior year results were
impacted by one-off charges in Brazilian operations as well as the
retroactive issuance and sale of certified emissions rights
accumulated in preceding years. In addition, Precious Woods acquired
two companies in Gabon in April 2007 now driving a significant share
of the top line growth.

Precious Woods Nicaragua achieved FSC certification in the past days.
As a result, all Latin American operations of Precious Woods are now
certified according to the criteria of the Forest Stewardship Council
(FSC). FSC certification attests that a company complies with high
standards set for the ecological and social aspects of sustainable
forest management. In the current year, the Group´s forestry company
in Gabon which has already been certified under another system has
launched a program to achieve FSC certification.

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 recovery wood
represent further integral elements of the company's business. The
shares of Precious Woods Holding have been traded on the SWX Swiss
Exchange since March 2002. Further information about Precious Woods
is available at www.preciouswoods.com.

end of announcement euro adhoc 20.11.2007 07:00:00
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ots Originaltext: Precious Woods Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Kontakt:
Precious Woods Holding AG, Zug
Dr. Ted Scheidegger, CFO
Tel. +41 44 245 80 10
mailto: office@preciouswoods.com

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