Carlo Gavazzi: Change in Board Composition

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Steinhausen, June  18,  2009  -  The  composition  of  the  board  of
directors of  Carlo  Gavazzi  Holding AG  will  significantly  change
effective July 23, 2009, the  date of the forthcoming annual  general
meeting. Dr. Giulio Pampuro,  first elected in  2005 and chairman  of
the group since  2007, Dr. Alessandro  Berlingieri, first elected  in
2004 and acting CEO of the Automation Components Business Unit during
the period from November  2008 to June 2009  and Dr. Felix R.  Ehrat,
first elected in  2007, have decided  not to seek  a further term  in
office and  will therefore  be leaving  the board.  This decision  is
related to the  conclusion of  the mission  of the  current board  of
directors which has seen the definition of a growth strategy for  the
Automation Components Business  Unit, the disposal  of the  Computing
Solutions Business Unit and the recent recruitment of the new CEO for
the Automation Components Business Unit who has the task to implement
the defined strategy.
 
In the opinion  of the  board members concluding  their mission,  the
implementation of the new growth strategy should now be overseen by a
newly composed board  of directors as  effectively as possible.  With
this aim, the board  of directors will  propose to the  shareholders'
meeting the  reduction  of  the statutory  minimum  number  of  board
members from 5  to 3  members. The composition  of the  new board  of
directors  to  be  proposed  to  the  shareholders  meeting  will  be
communicated shortly.
 
The board of directors and the management wish to thank the  retiring
board members  for  their  critical  contribution  to  the  strategic
repositioning of the Carlo Gavazzi Group.
 
About Carlo Gavazzi:
Carlo Gavazzi is a publicly quoted international electronics group
(SIX: GAV) with activities in the design and marketing of electronic
control components for factory and building automation.
Please visit our website: www.carlogavazzi.com
 
For further information please contact:
Felix Stöcklin
Head of Corporate Communications
Carlo Gavazzi Holding AG
Phone     +41 41 747 45 29
E-Mail     felix.stoecklin@carlogavazzi.ch
 
The press release can be downloaded from the following link:
 
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Carlo Gavazzi Holding AG
Sumpfstrasse 32 Steinhausen 
 
WKN: 869279; 
ISIN: CH0011003594; Index: SPI, SPIEX, SSCI;
Listed: Main Market in SIX Swiss Exchange;