EANS-Adhoc: Valora Holding AG / Valora appoints Michael Mueller as its new Chief Financial Officer - Rolando Benedick confirmed as CEO and Board Chairman - Markus Fiechter named Lead Director

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19.09.2012

Valora appoints Michael Mueller as its new Chief Financial Officer -
Rolando Benedick confirmed as CEO and Board Chairman - Markus
Fiechter named Lead Director

Valora's Board of Directors has appointed Michael Mueller, a Swiss
national born in 1972, as the Valora Group's new CFO.

Michael Mueller studied Commercial Law at St. Gallen and Lausanne,
completing his studies with a master's degree in Law (lic. iur. HSG)
from the University of St. Gallen. After graduation he worked for
Bain & Company until 2005, where he was engaged notably in advising
on strategic transformation and restructuring programmes in a number
of industrial sectors in Europe and the United States, including the
retail and consumer goods industries. From 2006 to 2007, Michael
Mueller worked as a mergers and acquisitions advisor for the
investment bank Goldman Sachs in Frankfurt. He then assumed the
duties of CEO of GVO Asset Management Ltd, a position he held until
2009. In 2007, he also joined Jelmoli Holding AG, initially as a
member of its Board of Directors and Executive Committee, and from
2008 as CEO, Delegate and member of the Board of Directors. Since
September 2010, he has been managing his own company, Rubus Capital
Management Ltd in Zurich, which is engaged in private-equity and
real-estate M&A mandates for institutional investors and family
offices. Once he joins Valora, both Michael Mueller and his firm will
terminate their work on these mandates.

Michael Mueller will take up his new duties as Valora's CFO on
November 1, 2012. Lorenzo Trezzini, the Group's current CFO, will
continue to offer his services to the Group. Valora's Board of
Directors is most grateful to Mr. Trezzini for his substantial
achievements during the four years he has worked for Valora and for
his ongoing commitment to the Group's best interests during this
transitional period.

Valora's Board of Directors has also mandated Rolando Benedick to
continue with his current duties as CEO, in addition to his ongoing
role as Board Chairman. Simultaneously, Markus Fiechter, the Board's
Vice-Chairman, has also been named Lead Director. These decisions
will ensure a smooth continuation of the Valora Group's governance
and executive management.

The Board is convinced that these key appointments represent the best
solution for Valora, and that they will allow Board and management
alike to focus their energies fully on the achievement of the
business and strategic objectives the firm has set itself.

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: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange
language: English