Ernst Russ AG — Board/Management Information 2008

May 8, 2008

News Details

Ad-hoc | 8 May 2008 13:57

HCI Capital AG: Dr. Ralf Friedrichs appointed as CEO

HCI Capital 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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Today, the Supervisory Board of HCI Capital AG appointed Dr. Ralf
Friedrichs (47) as member of the management board and new Chief Executive
Officer. He will succeed Wolfgang Essing who will leave the company as of
30 June 2008.

Dr. Ralf Friedrichs joined HCI Hanseatische Schiffstreuhand GmbH in 2001 as
tax advisor and became its managing director in 2003. He was a member of
the management board of HCI Capital AG since its IPO in October 2005 as
Chief Product Officer. Dr. Ralf Friedrichs is a profound expert in the
construction of closed end funds and played a significant role in the
consolidation of the market position of HCI Capital AG until his
resignation from office as of 31 December 2007. By developing new segments
he made a substantial contribution to the successful positioning of HCI
Capital AG for the IPO.

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

08.05.2008 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, Hannover, Stuttgart, München,
Düsseldorf

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