EANS-Adhoc: Precious Woods Holding Ltd./Felix Howald, Chief Sustainability & Business Development Officer elected Director of a Swiss regional Chamber of Commerce; he leaves Precious Woods at the end

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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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Company Information

08.07.2009

Felix Howald, Chief Sustainability & Business Development Officer and
Member of the Group Management of Precious Woods Holding AG, leaves
Precious Woods at the end of November 2009, to assume an important
position in the field of trade and industry promotion.

Felix Howald assumed his position with Precious Woods in 2007 and
managed the sustainability department, marketing activities and
business development.

The company will inform about the new Group Management structure in
due course. The Board of Directors and the Group Management thank
Felix Howald for his valuable support and wish him all the best for
his new and challenging position.

end of ad-hoc-announcement ==========================================
====================================== Precious Woods is one of the
leading companies in the area of sustainable management and use of
tropical forests. The company's core activities include reforestation
and sustainable management of tropical forests, timber processing and
the trading of FSC-certified timber products. The generation of
emission rights and electricity from recovery wood represent further
integral elements of the company’s business. The shares of Precious
Woods Holding have been traded on the SWX Swiss Exchange since March
2002. Further information about Precious Woods is available at
www.preciouswoods.com.

end of announcement euro adhoc
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ots Originaltext: Precious Woods Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Patrick Mauron

Head of Corporate Communication

Precious Woods Holding Ltd.

Militärstrasse 90

CH-8021 Zürich

Tel.: +41 44 245 81 20

E-Mail: media@preciouswoods.com

Branche: Forestry & Timber
ISIN: CH0013283368
WKN: 982280
Index: SPI
Börsen: SIX Swiss Exchange / official dealing