euro adhoc: Valora Holding AG / Management Changes / Valora successfully completes searches for new CEO and new Head of its Retail division.

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29.04.2008

Dr. Thomas Vollmoeller, who has gained many years of retail
experience at Tchibo GmbH and has also worked as a consultant for
McKinsey & Co., will take up his new duties as Valora´s CEO in June.

Kaspar Niklaus has gained his retail experience working for most of
his professional career for Migros and Coop, his latest role being
that of head of Coop´s Bau+Hobby division. Mr. Niklaus will join
Valora´s Group Executive Management as Head of the Group´s Retail
division.

Valora CEO Dr. Thomas Vollmoeller is 48 and was born in Germany.
After reading Economics at Stuttgart´s Hohenheim University, he
acquired his PhD at the St. Gallen Business School under Professor
Brauchlin. Thomas Vollmoeller spent the first 10 years of his
professional career working for McKinsey & Co. in Hamburg and
Düsseldorf. His consultancy work at McKinsey focused on the retail
and consumer goods sectors, with particular emphasis on supply chain
issues. He joined Tchibo GmbH in 1997 and has held a number of
positions with the firm since then. While running Tchibo direct GmbH,
the firm´s mail order division, he succeeded in turning the operation
around and notching up an impressive record of growth. He pioneered
the division´s introduction of e-commerce and significantly
strengthened its international presence. As a member of Tchibo´s
group executive management, he held the post of CFO and Head of
Operations from 2003 to 2005. Since 2006, Dr. Vollmoeller has managed
Tchibo´s entire non-food business, including, in particular, product
management, purchasing, marketing and quality management. The
businesses for which he was responsible generate turnover in excess
of EUR 2 billion. He will take up his new duties in June. As
previously announced, Peter Wüst will remain with Valora while Thomas
Vollmoeller familiarises himself with his new tasks.

Head of Valora´s Retail Division Kaspar Niklaus, who is 40 years old
and a Swiss citizen, holds a masters degree in agricultural
engineering from the Swiss Federal Institute of Technology. Mr.
Niklaus gained his retail experience working in a variety of business
areas for Switzerland´s largest two retail groups. After completing
his studies, he joined the Federation of Migros Co-operatives as a
project manager. In 1998/1999 he acquired both MBA and Master of
Business Informatics (MBI) qualifications from the Erasmus Graduate
School of Business in Rotterdam. In 2000, he joined McKinsey & Co.,
where he worked until 2002. He then joined Coop City in Zurich as
COO, a role in which he played a key part in the integration of the
EPA department stores into the operations of Coop City. Since 2005,
Kaspar Niklaus has run Coop´s Bau+Hobby division, based in Basel. He
will take up his new duties at Valora in the next few months.

Rolando Benedick, Chairman of Valora´s Board of Directors is
delighted that the Group has been able to fill these two vacancies
with such well-qualified candidates. "We have appointed two
recognised retail managers who also both have impressive track
records in the field of organisational development. They will now
devote all their skill, energy and commitment to pursuing Valora´s
ambitious objectives. Valora´s Directors are convinced that with
these appointments, and the newly constituted Board, the essential
prerequisites for the Group to achieve long-term, sustainable success
have now been met".

Valora: Valora is an economically robust, independent trading company
operating on a Europe-wide scale. The Valora Group´s three divisions
- Valora Retail, Valora Media (press wholesaling) and Valora Trade
(distribution of fast-moving consumer goods) - operate in 10 European
countries, where they employ some 6,500 staff on a full-time
equivalent basis. In 2007, the Valora Group´s net sales amounted to
CHF 2 822 million. With its 1 404 sales points, Valora Retail is a
market leader in small outlet convenience retail at high-confluence
locations. Valora Retail´s operations include its k kiosk retail
outlets, its "k presse und buch" press and book retail chain and
Caffè Spettacolo.

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

Further inquiry note:

Please address any questions or requests for additional information to:

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
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