Repayment of par value and share split

The Annual General Meeting of Shareholders of 20 May 2011 decided a repayment of par value of CHF 50.00 per bearer shares and CHF 10.00 per registered share as well as a 1:40 share split.

For details see "Kotierungs- und Umtauschinserat" (in German only).

René Grieder
Moortalstrasse 1
5722 Gränichen

Chief Financial Officer