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Changes to the management board of HOMAG Group AG / Ad hoc announcement

Homag Group AG  / Key word(s): Change of Personnel

16.12.2010 19:16

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

Schopfloch, December 16, 2010. At its meeting today, the supervisory board of HOMAG Group AG appointed Hans-Dieter Schumacher effective January 15, 2011 and Dr. Markus Flik effective April 1, 2011 to the HOMAG Group AG's management board. Hans-Dieter Schumacher will replace Andreas Hermann as CFO as of April 1, 2011. In August 2010, Andreas Hermann requested the supervisory board to terminate his employment agreement early for personal reasons; he will be leaving HOMAG Group AG as of March 31, 2011. Dr. Markus Flik will replace Rolf Knoll as CEO as of July 1, 2011. Rolf Knoll will retire as planned upon expiry of his employment agreement and will continue to serve the Company thereafter in a consulting capacity.

Information and Explaination of the Issuer to this News:

Background information
With its 16 specialized production companies worldwide, 20 group-owned sales and service companies and approximately 60 exclusive sales partners, HOMAG Group AG's market position is excellent and its portfolio as a comprehensive system supplier and technology partner makes it unique. Backed by a workforce of some 5,000 employees, the company sees itself as the leading global manufacturer for plants and machinery for the woodworking and wood materials industry for the production of furniture and construction elements as well as timber frame houses. The group also offers its customers a wide range of services in related areas for production machines and equipment. HOMAG Group AG shares have been trading on the Prime Standard of the Frankfurt Stock Exchange since July 13, 2007 and were listed on the SDAX of the German Stock Exchange on October 2007.

Investor Relations
Kathrin Kramer
Tel.: +49 7443 13-3125

16.12.2010 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at and
Language: English
Company: Homag Group AG, Homagstr. 3-5, 72296 Schopfloch, Deutschland
Phone: +49 (0)7443 / 13 – 0
Fax: +49 (0)7443 / 13 – 2300
ISIN: DE0005297204
WKN: 529720
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

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