EANS-Adhoc: Valora Holding AG / Valora finalises syndicated loan and projects stable dividend

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02.12.2011

Valora finalises syndicated loan and projects stable dividend

- New CHF 300 million syndicated loan facility finalised on
favourable terms - Group´s capital position remains comfortable -
Stable dividend projected for 2012

New 300 million syndicated loan facility finalised on favourable
terms

On November 30, 2011, Valora Holding AG finalised a new CHF 300
million syndicated loan facility with a group of 13 Swiss and foreign
banks on favourable terms. The new transaction, led by UBS AG,
replaces the Group´s previous CHF 200 million facility. The contract
covers a period of five years.

Group´s capital position remains comfortable

Thanks to its strong capital ratios Valora will be able to pursue its
"Valora 4 Growth" expansion strategy as planned, with the clear
objective of developing the firm into one of Europe´s leading
small-outlet retailers by 2015. As announced in November 2010, the
Group plans to finance this expansion through the existing equity and
debt available to it. Valora does not therefore currently see any
need to avail itself of the authority granted to it by the ordinary
general meeting of shareholders in April 2011 to issue new shares.

Stable dividend projected for 2012

The enhancements Valora has made to its profitability since 2008 mean
that the Group is able to pursue a stable, shareholder-oriented
dividend policy. Despite the challenges currently facing the overall
economy, the Board thus intends to recommend that the next general
meeting of shareholders approve the disbursement of an unchanged
dividend of CHF 11.50 per registered in respect of the 2011 financial
year.

Further inquiry note:
Investor Relations: Tel: +41 58 789 12 20
Mladen Tomic E-Mail: mladen.tomic@valora.com

Media Relations: Tel: +41 58 789 12 01
Stefania Misteli E-Mail: stefania.misteli@valora.com

end of announcement euro adhoc
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issuer: Valora Holding AG
Hofackerstrasse 40
CH-4132 Muttenz
phone: +41 61 467 20 20
FAX: +41 58 789 12 12
mail: info@valora.com
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: stock market: BX Berne eXchange, Main Standard: SIX Swiss Exchange
language: English