euro adhoc: Valora Holding AG / other / Disclosure of shareholdings as required by Swiss stock exchange regulation (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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07.07.2008

According to a statement it made on July 4, 2008 Amber Capital LP, 153 East 53
rd Street, New York, NY 10022, USA, as investment manager of Amber Master Fund
(Cayman) SPC, P.O. Box 309GT, Ugland House, South Church Street, George Town,
Grand Cayman, Cayman Islands reduced its shareholding in registered shares of
Valora Holding AG to below 3% on June 30, 2008.
Amber Capital LP is the manager entrusted with the independent management of
Amber Master Fund (Cayman) SPC which is the legal owner of the shares.
The contact person is Elodie Luce, Amber Capital SAS, 15 avenue Matignon, 75008
Paris.

Further inquiry note:
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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emitter: Valora Holding AG
Belpstrasse 37
CH-3007 Bern
phone: +41 58 789 11 11
FAX: +41 58 789 11 12
mail: info@valora.com
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: official market: SWX Swiss Exchange, official dealing: BX Berne
eXchange
language: English

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