Jelmoli Invites to a Bondholder Meeting on January 16th, 2009

Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
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Jelmoli AG announces that a bondholder meeting will take place in the
Credit Suisse Forum St. Peter, Zurich, on January 16th, 2009.

According to the terms and conditions of the bonds, the planned
separation of Jelmoli into a real estate and an investment company
could lead to the fact that bondholders could request repayment of
the two bonds with principle amounts of CHF 175 million and CHF 200
million. Therefore bondholders will be given the opportunity to
decide on the bondholder meeting not to request repayment in exchange
for a coupon increase in the event of a successful separation of
Jelmoli. A simple majority of the attending bondholders is required
in order to waive the repayment. Further details can be found in
press publications and the notification which has been sent out to
bondholders today.
Contact persons

Media: Dr. Jörg Neef, Hirzel. Neef. Schmid. Konsulenten
+41 79 405 56 32, eMail: joerg.neef@konsulenten.ch

Internet: www.jelmoliholding.ch / www.huginonline.ch/JEL
WAP mobile: wap.huginonline.com (Press Releases Jelmoli)
E-mail: info@jelmoliholding.ch

This media information contains forward looking statements which
express intentions, estimates, expectations and forecasts relating to
future financial, operational and other developments and results.
Such statements and the underlying assumptions are subject to a
variety of risks, uncertainties and other factors which could mean
that the actual developments may significantly differ therefrom.
Shareholders should further note that even if the general meeting
approves the transaction, the consumption of the transaction may
fail, in full or in part, or may be delayed, for example if
resolutions are challenged or if necessary approvals were not
granted. In view of these uncertainties, readers of this media
information are cautioned not to place undue reliance on such forward
looking statements.
This document does not contain or constitute an offer to sell or a
solicitation of any offer to buy securities in the United States or
in any other jurisdiction in which such offer or solicitation is not
authorized or to any person to whom it is unlawful to make an offer
or solicitation. The securities have not been and will not be
registered under the United States securities laws and may not be
offered or sold in the United States.

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WKN: 851225; ISIN: CH0000668464; Index: SMCI, SPI, SPIEX;
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