Valora Holding AG: Extraordinary General Meeting on 30.1.2008

The Board of Directors (BoD) of Valora Holding AG has set the date for the Extraordinary General Meeting for 30.1.2008 at the request of numerous shareholders.

The Valora Board of Directors has held talks with Golden Peaks Capital, the three candidates for the Board of Directors put forward by Golden Peaks Capital and with several other major shareholders. On the basis of these talks the Board of Directors will recommend the Extraordinary General Meeting to elect Rolando Benedick and Markus Fiechter as new members of the BoD. A further entitlement of the shareholders represented by Golden Peaks Capital to a seat on the BoD is not given in the view of the Board of Directors.

The Board of Directors will appoint its Chairman in its first constituent meeting after the Extraordinary General Meeting.

A formal invitation, agenda and the proposals of the Board of Directors and shareholders along with the time and place of the EGM will be duly issued on 9.1.2008.