HanseYachts AG

Board/Management Information • Nov 5, 2007

News Details

Ad-hoc | 5 November 2007 13:27

HanseYachts AG: Expansion of the Management Board

HanseYachts AG / 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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AD HOC ANNOUNCEMENT ACCORDING TO § 15 WpHG

Expansion of the Management Board:

Udo Potthast to Become New Member
of the Management Board

Responsible for Strategic Development and Corporate Management

Will join HanseYachts’ Management Board in early summer 2008

Greifswald, 5 November 2007 - HanseYachts, one of Europe’s fastest growing
yacht-building shipyards, intends to enlarge its three-man Management Board
by an additional member. In early summer 2008, Udo Potthast, currently
managing partner of a renowned auditing firm in Hamburg, will join
HanseYachts in Greifswald. He will be responsible for Strategic Development
and Corporate Management.

Mr Potthast is acquainted with HanseYachts from his comprehensive
consulting activities in conjunction with preparing and implementing its
IPO. He also contributed significantly to integrating HanseYachts’ new
brands and to realising additional acquisition projects.

Prior to working as an auditor and tax consultant, Mr Potthast studied
Business Administration in Göttingen. Born in 1965, Udo Potthast is married
and lives in Hamburg. Since childhood, he has been a passionate seafarer
with extensive experience in restoring old sailing yachts and building new
ones.

To date HanseYachts has been managed by Michael Schmidt, founder and CEO,
Gregor Bredenbeck, Production Director, and by Frank Domeyer, CFO. By
creating a new Board position, management is taking the HanseYachts Group’s
meteoric growth into account. From a modest boat-repair operation in
Greifswald, one of the five largest manufacturers of ocean-going sailing
yachts in Europe has been spun off within a short time. Since 2006 motor
boats have also been produced in the HanseYachts Group under the Fjord
brand. Since 2007 England’s premium Moody brand has also been a part of the
Group. HanseYachts AG has been publicly listed on the General Standard
market of the Frankfurt Stock Exchange since March 2007.

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Information and Explaination of the Issuer to this News:

About HanseYachts

HanseYachts is one of the fastest growing yachtbuilding shipyards in
Europe. Sailing yachts are currently being built that range from 10 meters
to 19.2 meters (32 ft to 63 ft). HanseYachts also produces motor yachts
under the Fjord Boats AS brand. Moreover, England’s Moody brand, which is
known for its high-quality sailing yachts, has belonged to the HanseYachts
Group since March 2007. HanseYachts AG has also been publicly listed on the
General Standard of the Frankfurt Stock Exchange since March 2007. In
fiscal year 2006/07 (ended on 31/07/2007) sales were EUR 105.2 million (EUR
66.3 million last year). A total of 850 yachts were produced in fiscal year
2006/07 (585 yachts last year). In the HanseYachts Group, there were
approx. 423 employees at the end of fiscal year 2006/07.

International Securities Identification Number (ISIN): DE000A0KF6M8

Wertpapierkennnummer (WKN): A0KF6M

Common Code: 028245980

Börsenkürzel: H9Y

www.hanseyachts.com

www.fjordboats.com

www.moodyboats.com

HanseYachts AG | Dörthe Schmeinck | Presse/Investor Relations
Postfach 3165 | D-17461 Greifswald
T +49 (0) 3834 - 579236 | F +49 (0) 03834 579283
E dschmeinck@hanseyachts.com
05.11.2007 Financial News transmitted by DGAP

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Language: English
Issuer: HanseYachts AG
Salinenstr. 22
17489 Greifswald
Deutschland
Phone: +49 (0)3834-5792-0
Fax: +49 (0)3834-5792-30
E-mail: zentrale@hanseyachts.com
Internet: www.hanseyachts.com
ISIN: DE000A0KF6M8
WKN: A0KF6M
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

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