euro adhoc: Precious Woods Holding AG, Zug / Mergers - Acquisitions - Takeovers / Precious Woods purchases additional Forest in Brazil (E)

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

Precious Woods has purchased additional 480 km2 of forest in Brazil. The new forest area borders to the North of the forest which Precious Woods Amazon had added to the original 770km2 in 2001. In total Precious Woods Amazon now owns about 1’670 km2 of forest in the vicinity of Itacoatiara, about 250 km east of Manaus. The second subsidiary of Precious Woods in Brazil, Precious Woods Pará, owns about 800km2 of forest southwest of Belém.

Both subsidiaries of Precious Woods in Brazil are negotiating further purchases of forest. It remains the strategic intent of Precious Woods to increase the total forest area owned as well as the forest area per share.

Further inquiry note:
Kontakt:
Precious Woods Holding AG, Zug
Dr. Andres Gut, CEO
Tel. +41 1 245 80 10
mailto: office@preciouswoods.ch
Tel: 41 1 245 80 10
FAX: 41 1 245 80 12
Email: office@preciouswoods.ch

end of announcement euro adhoc

Emittent: Precious Woods Holding AG, Zug
c/o Militärstrasse 90
CH-8021 Zürich
Tel: 41 1 245 80 10
FAX: 41 1 245 80 12
Email: office@preciouswoods.ch
WWW: http://www.preciouswoods.ch
ISIN: CH0013283368
WKN: 982280
Indizes: SPI
Börsen: official dealing SWX Swiss Exchange
Branche: Forestry & Timber
Sprache: Englisch

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