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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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12.11.2007
Valartis Bank AG, Renaissance Capital and Kempen & Co. successfully placed as
joint lead managers a total of 1.61 million newly issued shares of Eastern
Property Holdings Ltd. in the market.
Through the capital increase, Eastern Property Holdings will receive a total of
USD 144 million of new money. Thus, the market capitalization of the SWX Swiss
Exchange listed real estate investment company will increase to almost half a
billion US dollars.
Eastern Property Management Ltd., a wholly owned subsidiary of Valartis Group
AG, acts as manager of Eastern Property Holdings. It is planned to invest the
proceeds of the capital increase mainly in promising real estate development
projects in the booming centers of Russia.
Further information on Eastern Property Holdings can be found under
www.easternpropertyholdings.com or www.valartis.ch.
Further inquiry note:
Lorenzo Trezzini, CFO Valartis Bank
Phone +41 43 336 81 11
end of announcement euro adhoc 12.11.2007 17:53:22
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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: d.reptsis@valartis.ch
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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