• 02.07.2009, 12:57:13
  • /
  • OTE0009

EANS-News: TEAK HOLZ INTERNATIONAL AG / TEAK shares listed in VONIX Sustainability Index

Sustainability trend supports THI business model: investments in plantation teak wood are becoming more and more popular

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Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Linz (euro adhoc) - The shares of TEAK HOLZ INTERNATIONAL AG (ISIN:
AT0TEAKHOLZ8) are listed in the VONIX (VBV Austrian Sustainability Index). Over
60 stock companies were audited concerning environmental and social criteria, 22
companies are now index members for the period June 2009 to June 2010.

The VONIX (AT0000496906) is a capitalization-weighted price index that is
composed of those Austrian companies, which are leaders as concerns social and
environmental achievements.

"The team of THI is delighted that the TEAK shares are listed in the composition
for the period 2009/2010. THI recognizes the membership as an acknowledgment for
the achievements of the sustainable THI business model made within the past
years. But it is also an explicit duty for the future years to improve
constantly", so Paul Rettenbacher, Investor Relations, THI.

THI BUSINESS MODEL SUITS PERFECTLY SUSTAINABILITY TREND
The term sustainability originally comes from forestry. After oil and natural
gas, wood is the world´s third most important raw material. But of these three
commodities wood is the only renewable one. The foreseeable ban on exploitation
of tropical wood species from primeval forests in the future can make
investments in plantations and wood class assets increasingly interesting.
Investments in wood plantation, especially teak plantations, are becoming more
and more popular.

The THI´s share (ISIN: AT0TEAKHOLZ8) developed very well since the beginning of
2009, the share price moved up considerable approx. plus 70 %. But not only had
the price increased. Also the daily average volumes and the average number of
daily transactions pushed upwards.

UNITED NATIONS (UNO) INVOKE TO INVEST IN FORESTS AND NATURE
The UNEP, United Nations Environment Programme, repeatedly invokes all states to
invest much more in forests and soil protection antagonizing global warming.
States shall invest in forests to increase the absorption of CO2. www.unep.org

THI: BRIEF DESCRIPTION
Teak Holz International AG, an Austrian stock listed company domiciled in Linz,
specialises in sustainable teak forestry investments in Costa Rica. The
plantations along the Pacific Coast have an area of 1,934 hectares (ha) and
contain approx. 2,127,000 teak trees which are cared individually. Expansion of
the plantation area to some 4,500 ha is planned by 2014.

Since November 2008 four of the THI-plantations have been certified. 850 ha meet
the ten FSC-principles and the associated forestry criteria. In April 2009 the
scope of the certificate was extended from forest management to forest
management plus "chain-of-custody" (SW-FM/COC-003610). The Austria based THI
subsidiary Teak Holz Handels- und Verarbeitungs GmbH (TEAK austria) holds also a
certificate (SW-COC-003355) since August 2008.
www.TEAK-austria.com

Further inquiry note:
Teak Holz International AG
Mr. Paul Rettenbacher
Tel.: +43 (0)70 908 909-91
mailto:rettenbacher@teak-ag.com

end of announcement euro adhoc
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emitter: Teak Holz International AG
Freistädterstraße 313
A-4040 Linz
phone: +43 (0)70 908 909-90
FAX: +43 (0)70 908 909-97
mail: office@teak-ag.com
WWW: www.teak-ag.com
sector: Forestry & Timber
ISIN: AT0TEAKHOLZ8
indexes: Standard Market Continous
stockmarkets: Regulated free trade: Wien
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | CNE

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