Disclosure of shareholdings in accordance with Swiss stock exchange legislation

22.01.2015 / 08:00 / Ad hoc announcement pursuant to art. 53 LR, Shareholder

According to a statement it made on January 20, 2015, Credit Suisse Funds AG, Uetlibergstrasse 231, 8045 Zürich, Switzerland informed that they decreased their total shareholdings in registered shares of Valora Holding AG to 2.99% (102'702 registered shares) on January 15, 2015. The contact person for this communication is Christian Pascual, Credit Suisse AG, Zürichstrasse 137, 8600 Dübendorf, Switzerland.

According to a statement it made on January 21, 2015, Credit Suisse Funds AG, Uetlibergstrasse 231, 8045 Zürich, Switzerland informed that they increased their total shareholdings in registered shares of Valora Holding AG to 3.02% (103'702 registered shares) on January 16, 2015. The contact person for this communication is Christian Pascual, Credit Suisse AG, Zürichstrasse 137, 8600 Dübendorf, Switzerland.