Homag Group AG’s CFO leaves the company of his own volition / Ad hoc announcement

Homag Group AG / Change of Personnel

12.08.2010 19:07

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, August 12, 2010. Mr. Andreas Hermann, member of the management board responsible for finance, IT and human resources (CFO), asked the supervisory board to end his contract prematurely for personal reasons and will accordingly leave Homag Group AG of his own volition and by mutual agreement as of March 31, 2011.

The supervisory board of Homag Group AG would like to expressly thank Andreas Hermann for his work and his special contribution to the further development of the HOMAG Group. This also extends in particular to his great commitment to the successful IPO in 2007 in which he was instrumental.

The supervisory board has already started looking for a suitable successor. The company will announce on a timely basis when the position has successfully been filled. As Mr. Hermann is not leaving the company until March 31, 2011, this will ensure a seamless handover to the new CFO.

Information and Explaination of the Issuer to this News:

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


Investor Relations
Simone Müller
Tel.: +49 7443 13-2034

12.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Homag Group AG, Homagstr. 3-5, 72296 Schopfloch, Deutschland
Phone: +49 (0)7443 / 13 – 0
Fax: +49 (0)7443 / 13 – 2300
E-mail: info@homag.de
Internet: www.homag.de
ISIN: DE0005297204
WKN: 529720
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Düsseldorf, Berlin, Stuttgart, Hannover

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