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Earnings Release • Jun 10, 2010

News Details

Ad-hoc | 10 June 2010 06:25

New Value’s audited financial results: CHF 10.0 million net profit – Share repurchase program as alternative to par value repayment

NEW VALUE AG / Final Results/Strategic Company Decision

10.06.2010 06:25

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New Value's audited financial results: CHF 10.0 million net profit

Share buyback program as alternative to par value repayment

The Board of the listed investment company New Value AG (SIX Swiss
Exchange: NEWN) has approved the final results on their meeting on 9 June,
2010. New Value achieved a finalized net profit of CHF 10.0 million in the
fiscal year 2009/2010 ending 31 March, 2010 (previous year
CHF -13.9 million). The audited net asset value increased by 11.5% to CHF
24.27 per share (previous year CHF 21.76). Additionally, the Board decided
to submit a share buyback program of up to 10% of the share capital. As
a second option, this item will be proposed to the shareholders at the
general assembly on 8 July, 2010, alternatively to the already announced
par value repayment.

The audited net profit of CHF 10.0 million improved distinctively compared
to the preliminary net profit of CHF 5.5 million released in April. Among
other factors, this is due to higher realized net earnings
according to IFRS from the sale of the Meyer Burger equity holding in the
first quarter 2010.

After the successful sale of the Meyer Burger/3S Industries stake, the cash
and cash equivalents amounted to approximately CHF 30 million per 31 March,
2010. The funds shall be invested to strengthen the existing portfolio as
well as into new investments. As a first step, the new investment in
cleantech company ZWS Zukunftsorientierte Wärme Systeme GmbH,
Neukirchen-Vluyn (Germany) has been announced on 9 June, 2010. In addition,
the Board will submit two proposals to the annual shareholders meeting on 8
July, 2010. Alternatively to the already announced par value repayment of
CHF 1.60 (consisting of an ordinary and an extraordinary part of CHF 0.80
each), the shareholders will be offered the possibility to implement a
share buyback program of up to 10% of the existing share capital as a
second option. With these options, New Value offers two possibilities for
the shareholders to profit from the earnings.

Rolf Wägli, president of the Board comments: 'By proposing these two
options, the Board acknowledges the shareholder's interests and offers the
general assembly two tangible measures to add to a intended reduction of
the discount between the share price and the net asset value.'

In-depth details of the audited financial results and the annual report
will be released on 15 June, 2010.

Information about New Value AG
New Value, listed at the SIX Swiss Exchange, invests directly in promising
private companies in Switzerland and neighbouring countries with
above-average market and growth potential. As an investment company, New
Value promotes innovative business models with venture capital and
accompanies those to market success. The portfolio covers companies of
different stages of development, starting with the market introduction
phase up to medium-sized enterprises with stable profits. A broad
investment approach is deliberately followed regarding industry sectors.
The portfolio contains companies active in cleantech and healthcare. New
Value assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria such as
meaningfulness, social responsibility and ecological sustainability are
considered by New Value as decisive competitive advantages, which affect
and enhance the quality of products and services offered and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, has served as investment
manager.

Kontakt:
Marcel Rogenmoser

10.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
Internet: www.newvalue.ch
ISIN: CH0010819867
Swiss Security Number: 552932
Listed: Freiverkehr in Berlin, München, Düsseldorf,
Stuttgart; Open Market in Frankfurt; Foreign
Exchange(s) SIX

End of News DGAP News-Service

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