euro adhoc: Valartis Group AG / other / Valartis Asset Management: Alain Rolland will take over real estate management

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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14.02.2008

Alain Rolland, currently member of the executive management at
Jelmoli Group and in charge of its real estate portfolio, will take
over real estate management within Valartis Asset Management from the
beginning of May 2008.

As managing director, Alain Rolland will be responsible for real
estate activities within Valartis Asset Management. He will take up
his position in Geneva on 1 May 2008 and concentrate on the
management of larger real estate holdings and development projects in
Switzerland and abroad.

In recent years, Valartis Asset Management has specifically
intensified its real estate activities. Besides launching various
real estate funds in niche markets, Valartis Asset Management also
increasingly manages major real estate holdings and development
projects in Switzerland and abroad for its investment vehicles. Alain
Rolland combines the necessary know-how and experience for this
important and growing sector at Valartis Asset Management. He is also
an advocate of public-private partnerships: "Every larger project has
an impact on the community which must be respected", says Rolland.

Furthermore it has been agreed that Allain Rolland will continue to
accompany a number of projects for Jelmoli Group.

Short biography of Alain Rolland Alain Rolland, 59 years old, Swiss
citizen, pursues a career as business manager. Over the past years he
occupied various strategic and operational managerial positions in
Switzerland and abroad. After joining Jelmoli Group he became head of
sales and later managing director of the shopping center Grand
Passage in Geneva. In 1991 he became commercial director of all the
department stores of the Jelmoli chain in Switzerland with
consolidated annual sales of approximately CHF 1 billion. At the end
of 1996 Alain Rolland established Jelmoli´s real estate business.
Since then annual rental income has grown from CHF 50 million (1997)
to CHF 155 million (2007). After optimizing a portfolio consisting of
historic town buildings, he initiated and managed several important
development projects. In Geneva alone the corresponding investments
added up to more than CHF 500 million in the last six years. The most
renowned objects include the Centre Commerial & de Loisirs in La
Praille, right next to the Stade de Genève, the Centre Commercial et
Administratif in Carouge, the Centre Administratif Rhône and the
buildings of the Tour du Molard.

end of announcement euro adhoc
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ots Originaltext: Valartis Group AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Gustav Stenbolt, CEO Valartis Group

Phone +41 43 336 81 11

Branche: Financial & Business Services
ISIN: CH0001840450
WKN: 184045
Index: SPI, SPIEX, SSCI
Börsen: SWX Swiss Exchange / official market