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Board/Management Information • Mar 29, 2007

News Details

Corporate | 29 March 2007 21:47

ARQUES extends executive board – Supervisory board appoints Felix Frohn-Bernau as member of the executive board responsible for the department Exit

ARQUES Industries AG / Change of Personnel

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ARQUES extends executive board

Supervisory board appoints Felix Frohn-Bernau as member of the executive
board responsible for the department Exit

Starnberg, March 29, 2007 – The Starnberg-based equity investment company,
ARQUES Industries AG (ISIN DE0005156004), has extended its executive board.
The new member of the executive board responsible for Exit is Felix
Frohn-Bernau who was appointed to the board by the ARQUES Industries AG
supervisory board in its general meeting on March 29. Hereby the ARQUES
executive board consists of five persons.

ARQUES does justice to the current corporate development by means of the
extension of the executive board in the strategically important Exit
department. In accordance with its business model which foresees the sale
of acquired and revitalised subsidiaries after three to five years, ARQUES
Industries AG expects an increase in the sale of subsidiaries from its
portfolio in the future. In December 2006 ARQUES already listed its
subsidiary, SKW Stahl-Metallurgie AG, on the stock exchange within the
context of a classical IPO, thereby executing a partial exit. In February
the Starnberg-based equity investment company sold the baby carriage
manufacturer, teutonia, to the US conglomerate, Newell Rubbermaid. Further
exits are planned for 2007.

The 38 year old is an attorney licensed to practise in Spain and Germany
and has been working for the ARQUES group in managerial positions since
2004. Apart from the internationalisation of the ARQUES business model
initially in Austria (ARQUES Industries Invest AG), Spain (ARQUES Iberia
SA) and Switzerland (ARQUES Swiss), he was recently responsible for the
sale of the baby carriage manufacturer, teutonia, to Newell Rubbermaid.

About ARQUES

ARQUES Industries AG, Starnberg, (www.arques.de), is a turnaround
specialist who focuses on the acquisition and the active restructuring of
companies in transitional situations, in order to develop these, with its
own team and own resources, to competitive enterprises with a positive
yield. ARQUES revitalises its subsidiaries' potential for creating value
for the benefit of all its stakeholders, taking on the relevant social
responsibility. ARQUES has made a duty of identifying underestimated
companies with reduced survivability but with high appreciation potential,
at the same time mastering complex company structures and transitional
situations. The shares of ARQUES Industries AG are traded in the regulated
market (Prime Standard) of the Frankfurt Stock Exchange under the symbol
'AQU' (ISIN: DE0005156004) and are listed in the SDAX since September 19,
2005.

Contact:

ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Email: luedemann@arques.de

Public Relations
Christian Schneider
Email: schneider@arques.de

Tel.: +49 (0) 8151/ 651 0

DGAP 29.03.2007

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: info@arques.de
www: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hamburg, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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