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Sonova reaches out-of-court settlement with investors



Media Release

Sonova reaches out-of-court settlement with investors

Staefa (Switzerland), 05.10.2012 - Sonova Holding AG announces today an
out-of-court settlement with investors represented by Deminor. This settlement
relates to purported claims raised by these investors in connection with the
profit warning on March 16, 2011. Under the terms of the agreement, Sonova
will pay CHF 2.6 million in full settlement of all alleged claims without
acknowledging any legal obligation.

Back in March of this year, Sonova Holding AG informed that it had been served
with summons to pay in the amount of approximately CHF 26 million by
investors. The investors were represented by Deminor SCRL / CVBA, a Belgian
company which supported them with their damage claims in connection with the
late profit warning in March 2011. On July 10, 2012, the Sanction Commission
of the SIX Swiss Exchange announced its ruling that the profit warning should
have been published already on March 4, 2011. The parties reached an
out-of-court settlement on the basis of a payment of an amount of CHF 2.6
million.

- End -

                       Thomas Bernhardsgruetter

                       Investor Relations

                       Phone +41 58 928 33 44

                       Mobile +41 79 618 28 07
Contacts
                       Email thomas.bernhardsgruetter@sonova.com

                       Nicole Mueller

                       Investor Relations

                       Phone +41 58 928 33 22
                       Email nicole.mueller@sonova.com
                       Michael Isaac

                       Media Relations

                       Phone +41 58 928 33 24

                       Mobile +41 79 420 29 56

                       Email michael.isaac@sonova.com

Disclaimer

This Media Release may contain forward-looking statements which offer no
guarantee with regard to future performance. These statements are made on the
basis of management's views and assumptions regarding future events and
business performance at the time the statements are made. They are subject to
risks and uncertainties including, but not confined to, future global economic
conditions, exchange rates, legal provisions, market conditions, activities by
competitors and other factors outside the company's control.

About Sonova

Sonova Holding AG, headquartered in Staefa, Switzerland, is the leading
manufacturer of innovative hearing care solutions. The group operates through
its three core business brands Phonak, Unitron, Advanced Bionics. Sonova
develops and distributes advanced hearing care solutions such as hearing
instruments, cochlear implants, wireless communication systems for
audiological applications as well as professional solutions for hearing
protection. With the most extensive product portfolio and the highest R&D
investment in the industry, Sonova aims to be the recognized innovation leader
in the global hearing care market. Present across the globe in over 90
countries, and with a workforce of over 8,000 dedicated employees, Sonova
generated sales of CHF 1,62 billion in the financial year 2011/12 and a net
profit of CHF 246 million. A focused corporate strategy drives Sonova
sustainably further in a growing and still significantly under-penetrated
market. Founded in 1947, the company has been devoted to promoting better
understanding and communication for over 65 years, thus considerably improving
people's hearing ability and speech intelligibility and thereby their quality
of life.

For more information please visit www.sonova.com.

Sonova shares (ticker symbol:SOON) have been listed on the SIX Swiss Exchange
since 1994. The securities of Sonova have not been and will not be registered
under the U.S. Securities Act and may not be offered or sold in the United
States of America except pursuant to an exemption from the registration
requirements under the U.S. Securities Act, or outside the United States of
America in reliance on Regulation S under the U.S. Securities Act.

Media Release (PDF)

Provider                  Channel         Contact
Tensid Ltd., Switzerland  newsbox.ch      Provider/Channel related enquiries
www.tensid.ch             www.newsbox.ch  marco@tensid.ch
                                          +41 41 763 00 50
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