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Disclosure of Shareholdings

Chase Nominees Ltd. holds 5.23% of Phonak Holding AG
According to the article 20 of the Swiss Stock Exchange Act, Phonak Holding AG announces that Chase Nominees Ltd., London Wall 125, WC2Y 5AJ London, United Kingdom holds 3,468,368 registered shares with a par value of CHF 0.05 as of August 8, 2006. This corresponds to 5.23% of total capital and voting rights.