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SWX Swiss Exchange: Management Transactions - Investigation Opened Against Charles Vögele Holding AG

Date 11/05/2007

The SWX Swiss Exchange has instituted an investigation against Charles Vögele Holding AG on the grounds of a possible breach of Art. 74a of the Listing Rules (disclosure of management transactions). Investigatory proceedings will continue for an indefinite period. The SWX Swiss Exchange will announce its findings, although no information will be provided while the proceedings are ongoing.