Corporate Governance: SWX Formal Investigation Against UMS Swiss Metalworks Ltd

The SWX Swiss Exchange has initiated a formal investigation against UMS Swiss Metalworks Ltd regarding a possible violation of Art. 64 of the Listing Rules and the Directive on Information Relating to Corporate Governance (DCG). The preliminary investigation conducted by the SWX has revealed that, in connection with the corporate governance report 2005, there may have been a violation of Art. 64 of the Listing Rules and the DCG. The duration of these investigative proceedings has not been determined. The SWX will provide information on the outcome of its investigation. No information will be made public with regard to the ongoing investigation.