euro adhoc: Valartis Group AG / other / Gustav Stenbolt to become new chief executive officer (CEO) of Valartis Group (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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24.08.2007

The board of directors of Valartis Group resolved to entrust Gustav Stenbolt
(born 1957) with the management of Valartis Group and Valartis Bank as of
mid-September 2007. He will step down from his previous positions as
vice-chairman of Valartis Group AG and Valartis Bank AG, due to legal
regulations. Erwin W. Heri, currently chairman and since 1 November 2006 CEO ad
interim of the Group, will again focus on his chairmanships of Valartis Group AG
and Valartis Bank AG.

Gustav Stenbolt, currently president of the executive committee of Jelmoli
Holding AG, has been with Valartis Group since the merger of former OZ group
with the MCT companies in December 2005. He indirectly controls 20.04% of the
voting rights of Valartis Group AG through MCG Holding SA, Baar, the majority
shareholder of Valartis Group AG. Gustav Stenbolt has had a significant
influence on the new positioning of Valartis Group since the merger. As CEO he
will now assume responsibility for further implementing and developing the
Group´s strategic focus on the four business segments asset management, wealth
management, investment banking and real estate structured finance.

The organizational chart of Valartis Group with the heads of the individual
business segments, including their short resumes, can be found on our homepage
www.valartis.ch.

Further inquiry note:
Lorenzo Trezzini, CFO Valartis Group
Phone +41 43 336 81 11

end of announcement euro adhoc 24.08.2007 17:46:34
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emitter: Valartis Group AG
Blegistrasse 11a
CH-6340 Baar
phone: +41 (0)44 215 63 60
FAX: +41 (0)44 215 63 90
mail: [email protected]
WWW: http://www.valartis.ch
sector: Financial & Business Services
ISIN: CH0001840450
indexes: SPI, SSCI, SPIEX
stockmarkets: official market: SWX Swiss Exchange
language: English

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