Appointment Member Executive Board Gamma Holding

Helmond, Netherlands, Dec 14, 2007 - (Hugin via ABN Newswire) - After the Extraordinary General Meeting of Shareholders of Gamma Holding N.V., held on 13 December 2007, the Supervisory Board appointed Mr M. Frequin MBA (47) as member of the Executive Board.

Furthermore the General Meeting of Shareholders decided to cancel 240,570 ordinary participating preference shares with a value of EUR 2.50 per share. Cancellation of these shares causes the issued capital of Gamma Holding to decrease by EUR 601,435.

Executive Board Gamma Holding N.V. Helmond, the Netherlands, 14 December 2007



Profile Gamma Holding develops, manufactures and sells innovative, high-quality textile-based products throughout the world. In 41 countries, approximately 6,700 employees are active. Its headquarters are located in Helmond (the Netherlands) and its shares are listed on Euronext Amsterdam.

Gamma Holding comprises two sectors, Gamma Technologies and Gamma Comfort & Style, with activities in the field of process and conveyor belts, filter products, coated fabrics and composites, sailcloth, mattress ticking and exotic fabrics. With these products the company is a leading global player in its selected niche markets.

For more information: www.gammaholding.com or +31 492 566 613



LINK: http://hugin.info/130740/R/1176084/233375.pdf

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Gamma Holding NV

http://www.gammaholding.com

ISIN: NL0000355824

Stock Identifier: XAMS.GAMN