An era has come to an end at the SWX Swiss Exchange: on 12 June 2007, Moevenpick shares has traded for the last time - Moevenpick will then become a private family company again.

Neither guests nor customers will notice any changes after delisting: Mövenpick will remain the strong Swiss brand for high-quality hotels, restaurants and premium products.

Over the past months, the current majority shareholders bought back all Moevenpick-Holding shares. Consequently, the cost of stock exchange trading can no longer be justified. "The fact that we are withdrawing from the stock exchange has no influence on our corporate strategy," says Guido Egli, CEO Moevenpick-Holding: "Moevenpick remains Moevenpick!"

The Moevenpick Group will continue to place the strategic spotlight on the hospitality business with hotels, restaurants and fine wines, and on the licensing business with choice premium products.

In the near future, and on the foundation of a brand that is both strong and rich in tradition, Mövenpick will focus on:

• expanding Moevenpick Hotels & Resorts as a hotel management company in the Near East, in Europe, Africa and Asia;
• consistently implementing the "freshness" strategy of Marché International at locations with high-volume traffic flows;
• boosting "Swissness" and gastronomy competence at Moevenpick restaurants in Switzerland and Germany;
• further expansion of Moevenpick Wine's private-customer business in Switzerland and Germany;
• the introduction of new products in the premium segment by Moevenpick Fine Foods.