According to a statement it made on January 31, 2012 Credit Funds AG (formerly Credit Suisse Asset Management Funds AG), Kalandergasse 4, 8045 Zurich, Switzerland informed that they decreased their total shareholdings in registered shares of Valora Holding AG to 4.965% (139’029 registered shares) on January 25, 2012. The contact person is Carmen Casellas, Credit Suisse AG, Giesshübelstrasse 62, 8045 Zürich, Schweiz.