Ad-hoc | 23 December 2005 15:02

CeWe Color in negotiations with Valora about Valora Imaging

Ad hoc announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— CeWe Color in negotiations with Valora about Valora Imaging Oldenburg, December 23, 2005 – CeWe Color Holding AG (SDAX, ISIN DE0005403901) in negotiations with Valora Management, AG Bern, as regards a take-over of the Valora Imaging Group. CeWe Color is active in 19 European countries with 21 high-tech photo-finishing operations. Apart from the change in technology from analogue to digital photography, the management also pursues the topic of European expansion. Over the past few months CeWe Color has begun to develop the markets in Lithuania, Rumania, Croatia, Slovenia and Great Britain. Valora Imaging operates as a mail-order finisher in eight European Countries and is a part of the Valora Group, Bern, though they now want to divulge themselves of the photofinishing sector. Should you have any queries, please contact: CeWe Color Holding AG, Hella Hahm, Tel.: 0441 / 404 – 400 (Secretary – 234) or 0171 / 34 50 530, Fax: 0441 / 404 – 421, Email: hella.hahm@cewecolor.de , Internet: http://www.cewecolor.com CeWe Color Holding AG Meerweg 30-32 26133 Oldenburg Deutschland ISIN: DE0005403901 (SDAX) WKN: 540390 Listed: Geregelter Markt in Berlin-Bremen und Frankfurt (Prime Standard); Freiverkehr in Düsseldorf, Hamburg, München und Stuttgart End of ad hoc announcement (c)DGAP 23.12.2005