Ad Hoc Press Release: Sale Process Of Hammer Retex Group Discontinued

Cham, Switzerland, Jan 10, 2008 - (Hugin via ABN Newswire) - Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



Industrieholding Cham AG, in conjunction with Sal. Oppenheim, has elaborated further the already announced strategic options to separate the real estate business segment of the Hammer Retex Group. The Board of Directors of Industrieholding Cham AG has decided not to pursue actively the sale of Hammer Retex Group to third parties. Based on the made market targeting, a spin-off with a potential public listing is considered more attractive both to the company and to shareholders. A prerequisite for such a step would be favourable market conditions.

You will find the complete Press Release attached.

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Industrieholding Cham AG P.O. Box Cham Switzerland

ISIN: CH0001931853; Index: SPI, SSCI, SPIEX; Listed: Main Market in SWX Swiss Exchange;



LINK: http://hugin.info/100244/R/1180852/235337.pdf

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Industrieholding Cham AG

http://www.iccham.com

ISIN: CH0001931853

Stock Identifier: XSWX.INDN