euro adhoc: Valora Holding AG / Annual & Special Corporate Meetings / Valora Holding AG: Three new Board members elected

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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30.01.2008

At the extraordinary general meeting in Bern on January 30, 2008,
Valora´s shareholders elected Conrad Löffel, Rolando Benedick and
Markus Fiechter as Board Directors. Valora´s Board of Directors then
held a constitutive meeting, at which it elected Rolando Benedick as
its new Chairman.

385 shareholders attended Valora Holding AG´s extraordinary general
meeting in Bern. The shareholders attending in person, plus the
proxies issued to the independent shareholders´ representative and to
the company, as well as the proxies for deposited shares, represented
an aggregate total of 1´540´733 voting shares of Valora Holding AG.
Conrad Löffel, Rolando Benedick and Markus Fiechter were elected to
serve as Directors for three-year terms of office (i.e. until the
ordinary general meeting in 2011). Valora´s shareholders refused the
election of the remaining two candidates, Adriano Agosti and Geltrude
Renzi.

Rolando Benedick elected as Chairman of the Board - new Board
Committee memberships Immediately following the general meeting,
Valora´s newly constituted Board of Directors held its first meeting,
at which Rolando Benedick was elected as the new Board Chairman. The
composition of the Board Committees was decided as follows:

Audit Comittee:
Conrad Löffel (Chairman)
Andreas Gubler
Werner Kuster
Rolando Benedick

Nomination and Compensation Committee:
Franz Julen (Chairman)
Markus Fiechter
Paul-Bernhard Kallen
Beatrice Tschanz
Rolando Benedick

end of announcement euro adhoc
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ots Originaltext: Valora Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Media Relations

Stefania Misteli

Phone +41 58 789 12 01

Mobile +41 79 467 52 16

E-mail stefania.misteli@valora.com

Investor Relations:

Stefan Knuchel

Phone: +41 58 789 12 20

Mobile: +41 79 430 52 45

E-mail: stefan.knuchel@valora.com

Branche: Retail
ISIN: CH0002088976
WKN: 208897
Börsen: SWX Swiss Exchange / official market
BX Berne eXchange / official dealing