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Board/Management Information • Feb 2, 2009

News Details

Corporate | 2 February 2009 21:19

Change in ARQUES Industries AG executive board

ARQUES Industries AG / Change of Personnel

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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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 Exchange’s 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

02.02.2009 Financial News transmitted by DGAP

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

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