HMS Bergbau AG

Board/Management Information • Jul 16, 2009

News Details

Corporate | 16 July 2009 09:31

HMS Bergbau AG: Sebastian Giese new CFO

HMS Bergbau AG / Change of Personnel

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* Sebastian Giese new CFO at HMS Bergbau AG

* Experienced specialist strengthens the commercial end

Berlin, July 16, 2009 - Sebastian Giese (33), who holds a degree in
commerce, was appointed CFO of HMS Bergbau AG in mid-July 2009. He is a
certified accountant and tax consultant, and can look back on many years'
experience in auditing annual and consolidated financial statements in line
with national and international standards. Until recently he worked for the
Ernst & Young auditing company, where he was, among other things,
responsible for auditing conglomerates with international operations.

In his function as CFO, Giese will be head of the entire commercial end of
HMS Bergbau AG, a publicly-listed corporation. He will support Heinz
Schernikau, who as company founder was to date the sole Board member and
will now be able to focus even more strongly on the core business of coal
trading. Schernikau has been in this business for over 35 years now and has
extensive international contacts and can rely on long-standing firm
business relationships.

'Sebastian Giese,' Schernikau comments, 'ideally complements our team of
highly-qualified staff. By recruiting him we have taken a great step
forward in restructuring the corporation and can now tackle the next
future-oriented projects.'

HMS Bergbau AG:
Berlin-based HMS Bergbau AG is an independent coal trading house
specialising in just-in-time deliveries of thermal coal to power plants and
other industrial consumers. The company is one of the leading coal trading
companies in Germany and markets its products to renowned consumers
worldwide. HMS is actively expanding its activities to span coal production
and logistics solutions primarily in Asia and Eastern Europe. In addition,
the company is developing environmental technologies, in particular
concerning underground CO2 capture and storage (CCS technology). HMS has
been listed at Germany's Frankfurt Stock Exchange since December
2008.

Contact:
Claudia Wieland
Tel. +49 (0)911-9597871
Fax +49 (0)911-9597880
E-Mail cwieland@hms-ag.com
www.hms-ag.com

16.07.2009 Financial News transmitted by DGAP