Shareholders approve all motions of the Board of Directors

The Annual General Shareholders' Meeting of Sonova Holding AG of June 11, 2008 approved all motions of the Board of Directors

Stäfa, (PresseBox) - The shareholders decided a gross dividend of CHF 1.00 per share (33% higher than last year's dividend) on the share capital entitled to dividends. The dividend will be paid with the value date June 16, 2008.

The complete revision of the Articles of Association of Sonova Holding AG was approved. The most important amendments are:
- The abolition of the "opting up" clause. In future any shareholder is required to make a public purchase offer if their holding reaches a legal threshold of 33 1/3% of total shares issued, rather than the previous threshold of 49%.
- In future any shareholder or shareholder group with a stake of at least 1% (previously 5%) in Sonova is entitled to request an item be included on the agenda.
- In future voting rights can be transferred to non-shareholders at the General Shareholders' Meeting.

The capital reduction owing to the share buy-back program was approved. By cancelling 1,395,000 shares with a par value of CHF 0.05 each, which were repurchased in the period from September 20, 2007 to April 25, 2008 pursuant to the share buy-back program, the share capital is reduced by CHF 69,750.00 from CHF 3,372,575.30 to CHF 3,302,825.30.

Heliane Canepa was re-elected as a member of the Board of Directors for the statutory term of office of three years and PricewaterhouseCoopers AG, Zürich, was re-elected as Statutory Auditors for a further period of one year.

Sonova Holding AG

Sonova is the leading provider of innovative hearing healthcare solutions. This globally active group of companies is one of the world's top three manufacturers of hearing systems, the market leader in wireless communication systems for audiology applications and a provider of professional solutions for hearing protection. Sonova is pursuing a clear and sustainable growth strategy and is intent on further building its market share. To this end it is constantly expanding its existing business segments and branching out into other areas of the hearing healthcare industry.

Present in over 90 countries and with a workforce of over 4700 employees, Sonova generated sales of CHF 1.205 billion in the financial year 2007/08 and a net profit of CHF 274 million. This financially strong group of companies bases its success on innovation, customer focus and proactive cost management.

Hearing is a megatrend in our society. Modern communication requirements and the sheer volume of audio information available - whether music or the spoken word - continue to increase, so that hearing is becoming an increasingly important facility. Due to demographic trends and harmful environmental impacts, more and more people now suffer from hearing loss, and yet only roughly a fifth of them make use of professional hearing solutions. Sonova therefore wants to raise public awareness of the importance of hearing and highlight the social and emotional impact of hearing loss, as well as providing information on potential solutions. In the Hear the World initiative world famous celebrities stress the importance of good hearing.

The company has been successfully promoting understanding and communication for over 60 years, and is ideally positioned to benefit from the trends in this growth industry.

For more information please visit Sonova shares (ticker symbol: SOON) are listed on the SWX Swiss Exchange since 1994

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