euro adhoc: Valora Holding AG / other / Valora appoints Dr. Lorenzo Trezzini as its new Chief Financial Officer.

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

04.12.2008

Valora appoints Dr. Lorenzo Trezzini as its new Chief Financial
Officer.

Since September 30, 2008, Lorenzo Trezzini has been managing Valora´s
Finance department, deputising for Thomas Vollmoeller, Valora´s Chief
Executive Officer, who has also been acting as interim CFO from that
date. The Board of Director´s has now appointed Dr. Trezzini as
Valora´s new Chief Financial Officer.

Before joining Valora, Lorenzo Trezzini, who holds a doctorate in
Economics and is a chartered accountant, was most recently Group CFO
of the Valartis Group and a member of the executive committees of the
Valartis Group and of Valartis Bank AG. After completing his studies,
he worked as an auditor for Deloitte from 1994 to 2001, first for
Deloitte Switzerland in Zurich and then for Deloitte USA in New York.
He then moved to Ernst & Young, where he worked in corporate finance,
before taking on the role of investment manager for Invision AG, a
venture capital and private equity firm where he worked from 2002 to
2004.

Lorenzo Trezzini, a Swiss citizen, is 40 years old. During the two
months he has spent at Valora he has been able to familiarise himself
thoroughly with the Group, devoting most of his time so far to the
budget process. He will take up his duties as CFO immediately and
will simultaneously join Valora´s Group Executive Management. Thomas
Vollmoeller is delighted with this appointment: "In Lorenzo Trezzini
we have gained an extremely competent and committed finance
specialist, whose skills will ideally complement those of our
existing Group Executive Management team. In the short time he has
been with Valora, he has provided both his Executive Management
colleagues and the Board with ample evidence of his competence and
expertise".

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Valora Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor Relations: Tel: +41 58 789 12 20

Mladen Tomic Mob: +41 79 571 10 56

E-mail: mladen.tomic@valora.com

or

Media Relations: Tel: +41 58 789 12 01

Stefania Misteli Mob: +41 79 467 52 16

E-mail: stefania.misteli@valora.com

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