Ernst Russ AG

Board/Management Information • Apr 23, 2008

News Details

Ad-hoc | 23 April 2008 14:16

HCI Capital AG: Changes to HCI Capital AG’s Management Board

HCI Capital AG / Change of Personnel/Change of Personnel

Release 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.

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Hamburg, 23 April 2008 – Mr Wolfgang Essing, Chairman of the Management
Board of HCI Capital AG, will leave the company after 30 June 2008. Mr
Essing and the Supervisory Board of HCI Capital today agreed to end the
duties and terminate the contract of the Chairman of the Management Board,
effective after 30 June 2008.

Wolfgang Essing (43) was appointed to the Management Board of HCI Capital
AG in early 2007, and was nominated Chairman of the Management Board in
October of that year. He was charged with developing HCI Capital as an
independent entity in a growing and increasingly competitive environment.
The impending change in the shareholder structure, given the current
takeover offer by MPC Capital AG, have altered parameters that he
considered decisive. The company intends to appoint a successor soon.

Contact:
HCI Capital AG
Dr. Olaf Streuer
Head of Investor Relations
Tel: +49 40 88 88 1 125
olaf.streuer@hci-capital.de

23.04.2008 Financial News transmitted by DGAP

Language: English
Issuer: HCI Capital AG
Bleichenbrücke 10
20354 Hamburg
Deutschland
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-109
E-mail: ir@hci-capital.de
Internet: www.hci-capital.de
ISIN: DE000A0D9Y97
WKN: A0D9Y9
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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