Course of business of the Conzzeta Group

Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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Zurich, 19 December 2008. - The effects of the financial crisis and
the worldwide downturn in the closing months of the current financial
year have brought an unexpectedly sharp fall in the intake of orders.
This has had a particular impact on Machinery and Systems
Engineering, which accounts for around three-quarters of consolidated
net revenue. The effects of the downturn will already be apparent in
the figures for the current year 2008, with a marked fall in profits
compared with 2007. Should the slump in orders persist in the new
year, a consolidated loss can be expected for fiscal 2009. The solid
financial fundamentals of the Conzzeta Group will enable us to make a
measured response to this situation in order to safeguard the
long-term competitiveness of our businesses.

For further information, please contact

Carlo Menotti, Head of Corporate Services
Phone +41 44 468 24 84
media@conzzeta.ch

The Conzzeta Group is an internationally active industrial holding
company, with over 3,500 employees worldwide. Its core business areas
are machinery and systems engineering, and the manufacture of
consumer and industrial products. Conzzeta's shares are listed on the
SIX Swiss Exchange (SWX:CZH).

The news release can be downloaded from the following link:

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Conzzeta AG
Giesshübelstrasse 45 Zürich Switzerland

WKN: 265798;
ISIN: CH0002657986; Index: SPI, SSCI, SPIEX;
Listed: Main Market in SWX Swiss Exchange;
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