UET United Electronic Technology AG

Board/Management Information • Aug 17, 2012

News Details

Corporate | 17 August 2012 11:15

CFC Industriebeteiligungen AG: CFC Industriebeteiligungen AG’s Board composition accommodates concentration on electronics business

CFC Industriebeteiligungen AG / Key word(s): Change of Personnel

17.08.2012 / 11:15

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• Werner Neubauer becomes member of the Executive Board of CFC
  Industriebeteiligungen AG

• CFC concentrates business development on the electronics segment

Dortmund, August 17, 2012

As of now, CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund,
also reflects its concentration on the electronics segment in the
composition of its Executive Board. CFC's Supervisory Board has appointed
Werner Neubauer as a member of the Executive Board with effect of August
20, 2012. Werner Neubauer was already active in the group from 2007 to 2011
and was responsible for the successful development of the electronics
business.

After he had resigned in the course of the planned divestment of the
electronics segment, Neubauer now regains responsibility for the future
development and management of this CFC group. Against this background, he
will also become CEO of portfolio companies.

Marcus Linnepe will, also as a member of the Executive Board, primarily
accompany the further development of the Berndes business. CFC is still
owner of essential assets related to the company, which is currently in
preliminary insolvency proceedings. It is the goal of Mr. Linnepe to enable
a continued existence and a long-term positive continuation of the business
in order to maximize the value of the remaining assets of the Berndes group
for CFC.

Mr. von Hörde commented as follows: 'There are two major challenges ahead
of us: on the one hand the further development and expansion of the
electronic group and, on the other hand, the going concern of the company
in view of the challenges with respect to Berndes.'

Contact:

CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund

Jan Philipp Gieselberg

Phone: + 49 (0) 231 222 40 500
E-Mail: info@cfc.eu.com

End of Corporate News

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Language: English
Company: CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund
Germany
Phone: +49 (0)231-22240 500
Fax: +49 (0)231-22240 501
E-mail: info@cfc.eu.com
Internet: www.cfc.eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt

End of News DGAP News-Service

182040 17.08.2012