New Value streamlines portfolio

New Value held CHF 3.0 million in FotoDesk Group, representing a 45% participation. An additional CHF 5.9 million were invested in the form of loans and convertible loans. New Value will write off the total of CHF 8.9 million during the current fiscal year 2010/11 (at 31 March 2011). The Net Asset Value (NAV) per share of New Value is decreased from CHF 23.14 at 31.12.2010 to CHF 20.65.

Peter Letter, Head Investment Management for New Value, states: "FotoDesk Group was not able to reach critical mass fast enough in a market characterised by rapid technological change and consolidation, and the acquisition of netservice.cc completed in mid-2010 did not bring the expected results. The board of directors therefore decided not to continue investing resources from New Value, but rather to invest the capital in the promising cleantech and health segments."

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. 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. With impact investing New Value creates ethical added value – an entrepreneurial approach based on a unique combination of economical and ethical performance.

Since the formation of New Value, EPS Value Plus AG, Zurich, has served as investment manager.

Listing SIX Swiss Exchange (www.six-swiss-exchange.com) Xetra, Open Market Frankfurt, Berlin, Düsseldorf, Stuttgart and Munich Ticker symbol NEWN (CH), N7V (D) Valor no. 1081986 Security identif. no. 552932 ISIN CH0010819867

Contact New Value AG Tel. +41 43 344 38 38 Bodmerstrasse 9 Fax +41 43 344 38 39 CH-8027 Zurich Rolf Wägli Tel. +41 43 344 38 38, waegli@newvalue.ch Peter Letter Tel. +41 43 344 38 18, letter@newvalue.ch Information/ www.newvalue.ch Email: info@newvalue.ch Downloads www.epsvalueplus.ch Email: info@epsvalueplus.ch