ARQUES Industries AG / Change of Personnel 02.02.2009 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Change in ARQUES Industries AG executive board Dr. Michael Schumann resigns with effect February 28, 2009 Gisbert Ulmke appointed new CFO Starnberg, February 02, 2009 - The supervisory board of ARQUES Industries AG (ISIN DE0005156004) and Dr. Michael Schumann today mutually agreed to annul the appointment of Dr. Michael Schumann as chairman of the ARQUES Industries AG executive board with effect February 28, 2009. Dr. Michael Schumann has been a member of the ARQUES Industries AG executive board since October 1, 2007. He was responsible for the acquisitions department. With effect February 1, 2008, he was appointed chairman of the executive board and in addition took over the finance department. During his term as chairman of the executive board, Dr. Michael Schumann succeeded in streamlining the ARQUES Industries AG portfolio. He did not succeed in stabilising the share price at an acceptable level. The executive board and the supervisory board believe that the ARQUES Industries AG share is substantially undervalued. We thank Dr. Michael Schumann for his efforts and achievements in our company and wish him all the very best for the future and success in his further career. In its meeting today the supervisory board appointed Mr. Gisbert Ulmke, born February 21, 1956, to the executive board for the duration of 3 years. Mr. Ulmke will be responsible for the finance department. In his career, Mr. Ulmke was chief representative responsible for finances at E.ON AG, Dusseldorf, commercial managing director at E.ON Sales & Trading GmbH, Munich, chief representative responsible for finances at VIAG AG, Munich, treasurer at Schmalbach Lubeca AG, Braunschweig, and is currently shareholder at Standard Metallwerke Holding GmbH, Werl. The ARQUES Industries AG executive board now comprises: Felix Frohn-Bernau, Acquisitions and Exit Bernd Schell, Operations Gisbert Ulmke, Finances About ARQUES ARQUES Industries AG, Starnberg (www.arques.de), is a partner for major corporations in corporate spin-offs and a turnaround specialist concentrating on the acquisition and active restructuring of companies in crisis situations in order to turn them into competitive and profitable companies with a dedicated team and their own efforts. ARQUES revitalizes its subsidiaries potential for adding value for the benefit of all of their stakeholders under consideration of the associated social responsibility. The shares of ARQUES Industries AG are traded on the Frankfurt Stock Exchanges Regulated Market (Prime Standard) under the symbol 'AQU' (ISIN: DE0005156004) and have been listed in the SDAX. ARQUES Industries AG Corporate Communication Christian Schneider Email: schneider@arques.de Tel.: +49 (0) 8151/ 651 0 DGAP 02.02.2009 --------------------------------------------------------------------------- Language: English Issuer: ARQUES Industries AG Münchner Str. 15a 82319 Starnberg Deutschland Phone: +49 (0)8151 651-0 Fax: +49 (0)8151 651- 500 E-mail: schneider@arques.de Internet: www.arques.de ISIN: DE0005156004 WKN: 515600 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, Düsseldorf, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Change in ARQUES Industries AG executive board
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