Jelmoli (VTX:JEL) Invites To A Bondholder Meeting On January 16th, 2009

Jelmoli (VTX:JEL) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- 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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Jelmoli -----------------------------------------
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St. Annagasse 18 Zürich

WKN: 851225; ISIN: CH0000668464; Index: SMCI, SPI, SPIEX; Listed: Main Market in SWX Swiss Exchange;



LINK: http://hugin.info/100248/R/1279037/285495.pdf

Jelmoli
http://www.jelmoli-holding.ch/

ISIN: CH0000668464

Stock Identifier: XSWX.JEL

US: JMLIF.PK