EANS-Adhoc: Valora Holding AG / Valora Holding AG´s General Meeting of shareholders approves all Board recommendations

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15.04.2011

Valora Holding AG´s General Meeting of shareholders approves all Board
recommendations.

- 2010 financial statements and 15% increase of dividend to CHF 11.50 per share
approved
- Acceptance of remuneration report
- Shareholders empower Board to repurchase company shares and grant
authorisation for share capital increase
- All Board members re-elected

304 shareholders or their representatives attended Valora Holding AG´s Ordinary
General Meeting in Basle. Shareholders attending in person, together with those
whose shares were represented by the independent shareholders´ representative,
the representatives of custodian banks and the company itself, accounted for a
total of 1,187,274 of Valora Holding AG´s voting shares.

On all agenda items, the General Meeting approved the recommendations made by
the Board of Directors. Details of the voting on the individual agenda items and
the election of Board members can be found on
(http://www.valora.com/de/investors/annualgeneralmeeting/index.php).

2010 financial statements and 15% increase of dividend to CHF 11.50 per share
approved

The General Meeting approved the financial statements for 2010. The Board´s
proposed increase of 15% in the dividend to CHF 11.50 per share in respect of
all shares entitled to dividends was also approved and will be paid out on April
26, 2011.

Acceptance of remuneration report

The General Meeting approved the remuneration report of Valora Holding AG in a
consultative vote.

Shareholders empower Board to repurchase company shares and grant authorisation
for share capital increase

The General Meeting of shareholders empowered the Board of Directors to carry
out the repurchase of up to 280,000 registered shares of the company for the
purpose of reducing the company´s issued share capital in the event of surplus
liquidity being available and appropriate expansion opportunities not presenting
themselves. In addition, the General Meeting of shareholders authorised a
modification to the company´s articles of incorporation granting the Board of
Directors authorisation to increase the company´s share capital by a maximum of
840,000 shares through the issue of up to 840,000 fully paid up new registered
shares of CHF 1 nominal value each (the authorised share capital increase). This
will give Valora greater financial flexibility, enabling it to respond rapidly
to market opportunities as they present themselves. This enhanced flexibility
will also make it possible for Valora to deploy the newly authorised shares for
share-based acquisitions or as a means of offering potential new strategic
partners the opportunity of holding a stake in Valora.

All Board members re-elected

Since 2008, the company´s articles of incorporation have stipulated that Board
members be elected at each General Meeting for a term of office of one year. All
current members of the Board of Directors stood for re-election, and the General
Meeting elected Messrs. Rolando Benedick, Markus Fiechter, Franz Julen, Conrad
Löffel and Bernhard Heusler for further one-year terms of office, to run until
the 2012 General Meeting.

Further inquiry note:

Media Relations          Phone  +41 58 789 12 01
Stefania Misteli                 Mobile +41 79 467 52 16
                           E-mail       [email protected]

Investor Relations:     Phone:  +41 58 789 12 20
Mladen Tomic             Mobile:        +41 79 571 10 56
                          E-mail:       [email protected]
end of announcement                               euro adhoc

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issuer:      Valora Holding AG
             Hofackerstrasse 40
             CH-4132 Muttenz
phone:       +41 61 467 20 20
FAX:         +41 58 789 12 12
mail:        [email protected]
WWW:         www.valora.com
sector:      Retail
ISIN:        CH0002088976
indexes:

stockmarkets: stock market: BX Berne eXchange, Main Standard: SIX Swiss Exchange
language: English

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