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Tuesday 01 July, 2008

ADB Holdings S.A.

ADB Group reports adoption of all resolutions a...

Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this 
announcement. 
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Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this 
announcement. 
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Geneva - 1st July 2008

Advanced Digital Broadcast Holdings  S.A. (SWX: ADBN) reported  today
that its Annual General Meeting  of Shareholders, held on Friday,  27
June 2008, had approved all proposed resolutions.

The resolutions adopted, as per the agenda, were:

1.        Approval of Annual Report, including statutory accounts  of
Advanced Digital Broadcast Holdings S.A. and consolidated  statements
of accounts of the Group for  the year 2007, report of the  statutory
auditors and report of the Group auditors;
2.        Appropriation of available earnings;
3.        Ratification and discharge of  the members of the Board  of
Directors;
4.        Election to the Board of Directors for one year:
4.1   Mr. Andrew Rybicki
4.2   Mr. Thomas Steinmann
4.3   Mr. Jean-Christophe Hocke
4.4   Mr. Philippe Geyres
5.        Re-election  of the  statutory auditors  and of  the  Group
auditors

The tenure of the Board membership  is one year, as per the  Articles
of Association of  the company, and  commences immediately after  the
Annual General Meeting of Shareholders.

At the same time, ADB Group announced two significant changes of  its
senior management structure. These are:

*           Mr. Fran├žois Pogodalla has been appointed a CEO of ADB
  SA, the Group's digital set-top box affiliate. This appointment is
  an addition to his current responsibility of ADB Group's Deputy
  CEO, in capacity of which he will continue to oversee the Group's
  Software and Services business segment.

*           Mr. Janusz Szajna, the president of ADB Polska, has been
  promoted to the position of president of ADB Group Eastern Europe.
  Consequently, he will start operating at ADB Group level, expanding
  his responsibilities to cover the HR, administration and
  communication areas of all ADB Group units in the Eastern Europe.
  Today, it will include all units of Osmosys and ADB SA operating in
  Poland and Ukraine.

Both Mr.  Pogodalla and  Mr.  Szajna report  directly to  Mr.  Andrew
Rybicki, CEO of ADB Group and Chairman of its Board of Directors.

 "It is a particular pleasure to welcome again Mr. Philippe Geyres to
our Board. His deep knowledge of the industry and strong,  years-long
experience as  a General  Manager and  CEO of  multi-billion  dollars
organizations will be key assets to our Company. At the same time,  I
wish to thank Mr. Simon Lin for his contributions to the works of ADB
Group Board  of  Directors.",  commented Andrew  Rybicki,  ADB  Group
Chairman and CEO. "We also  adjusted our organizational structure  to
match  the  Group's  continuing  growth  and  further  increase   its
efficiency.  I  am  sure  that  the  above  mentioned  changes   will
substantially help in executing the next steps of our strategy.


For further information please contact:
Tina Nyfors
EVP, Corporate Development
Tel: +41 22 592 8433
Fax: +41 22 592 8432
[email protected]
                                -end-
About ADB Group (SWX: ADBN)

ADB Group (www.adbholdings.com) was founded in 1995 and is a  leading
developer of solutions required to view and interact with digital  TV
broadcast through cable, satellite, terrestrial and IP networks.  The
Group primarily  sells consumer  premise devices,  including  set-top
boxes,  with  over  10  million    units  deployed  since  1997.  The
development and  sales  of  the Group's  products  and  services  are
conducted in two  main operating segments:  the Digital TV  Equipment
segment, mainly operated by ADB (www.adbglobal.com), and Software and
Services segment,  encompassing Osmosys  (www.osmosys.tv) and  Vidiom
Systems (www.vidiom.com).

This press  release  contains  forward-looking  statements.  You  are
cautioned that any such forward-looking statements are not guarantees
of future performance and involve  risks and uncertainties, and  that
actual  results   may   differ   materially   from   those   in   the
forward-looking statements  as a  result  of various  factors,  among
which:

  * future developments of the world digital TV market, in particular
    the future demand for digital TV products in the key markets and
    from key customers served by our Group;
  * pricing pressures, competitive market situation;
  * our and the industry's capability to successfully and timely
    innovate and develop challenging technology, and our capability
    to hire and retain high-level employees;
  * changes in the exchange rates between the US$ and the main other
    operating currencies of the Group, including the Euro and the
    Polish Zloty;
  * our ability in an intensive competitive environment, to continue
    securing orders  from existing or new customers and to achieve
    our pricing expectations for volume supplies of new products in
    whose development we have or are currently investing;
  * the ability of our suppliers to meet our demands for supplies,
    qualitatively or quantitatively, and to offer competitive
    pricing;
  * our gross margin could vary significantly from expectations based
    on changes in revenue levels, product mix and pricing, changes in
    unit costs, and the timing and execution of shipments ramp-ups;
  * changes in the economic, tax, social or political environment,
    including import and other duties, military conflict, terrorist
    activities, as well as natural events such as severe weather,
    health risks, epidemics or earthquakes in the countries in which
    we, our key customers and our suppliers operate;
  * our ability to obtain required licenses on third-party
    intellectual property on reasonable terms and conditions, the
    impact of potential claims by third parties involving
    intellectual property rights relating to our business, and the
    outcome of litigation;
  * the results of actions by our competitors, including new product
    offerings and our ability to react thereto;


Advanced Digital Broadcast  Holdings SA undertakes  no obligation  to
publicly update or  revise any  forward-looking statements.  Advanced
Digital Broadcast  Holdings  SA  reserves  the  right  to  amend  the
information at any time without prior notice.

The information contained in this press release may not be considered
as being a substitute  for economic, legal, tax  or other advice  and
you are cautioned to base investment decisions or other decisions  on
the content  of this  release. You  are recommended  to consult  your
investment advisers or other advisers prior to making any decision.

This press release is not an offer of securities for sale or a
solicitation to invest in Advanced Digital Broadcast Holdings SA
securities. In particular, it is not an offer of securities for sale
in the United States of America, its territories and possessions.
Securities may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S.
Securities Act of 1933, as amended.  Advanced Digital Broadcast
Holdings S.A. does not intend to register its securities in the
United States of America.


 
--- End of Message ---

ADB Holdings S.A.
Avenue de Tournay 7 Chambesy Switzerland

ISIN: 
CH0021194664; Index: SPI, SPIEX, SSCI;
Listed: Main Market in SWX Swiss Exchange;




                                                                                                                                                                            

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