FUCHS PETROLUB SE — Board/Management Information 2008

Nov 6, 2008

News Details

Corporate | 6 November 2008 08:00

FUCHS PETROLUB augments its Board of Directors and prepares for the future

Fuchs Petrolub 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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FUCHS PETROLUB augments its Board of Directors and prepares for the future

FUCHS PETROLUB augments its Board of Directors from four to six. The change
prepares the company for the future. The new organisation with board
members for Europe as well as Asia-Pacific and Africa allows for more focus
in the various areas of responsibility.

Dr. Lutz Lindemann and Dr. Ralph Rheinboldt were appointed to the Board of
Directors of FUCHS PETROLUB AG effective January 1, 2009. Both have been
with the FUCHS group for 10 years and have a proven track record in our
European development. Dr. Lindemann is 48 years old and holds a PhD in
chemistry. He is currently the CEO of FUCHS EUROPE SCHMIERSTOFFE GMBH and
in addition is responsible for our growth region Middle and Eastern Europe.
Dr. Rheinboldt is 41 years old and holds a PhD in economics. He is the CEO
of FUCHS EUROPE which comprises our business in Western Europe and is in
addition a managing director of FUCHS EUROPE SCHMIERSTOFFE GMBH. As members
of the Board, both will actively contribute to the further positive
development of FUCHS PETROLUB and the continued penetration of our home
market in Europe.

The augmentation of the Board of Directors from four to six goes hand in
hand with a new schedule of responsibilities. The creation of board members
for Europe as well as Asia-Pacific and Africa allow more focus within the
Board. Due to the inclusion of the FUCHS PETROLUB preference shares in the
MDAX which increases investor relation activities, and the requirements of
a good corporate governance, which is fully endorsed by FUCHS, it will be
necessary that Dr. Alexander Selent concentrates on his responsibilities of
finance and personnel as well as Deputy Chairman of the Board. Dr. Georg
Lingg who had the responsibility for Technology and Supply Chain within the
Board of Directors will assume responsibility for Asia-Pacific and Africa
on the Board. This concentration will allow for additional focus on this
important growth region. Dr. Lindemann will take over the responsibility
for Technology and Supply Chain. As a chemical engineer he has all the
credentials to provide additional momentum to our research and development,
product management and supply chain. Dr. Rheinboldt will take over the
responsibility for Europe. This will ensure that our home market Europe
will be represented by a dedicated board member.

FUCHS PETROLUB recorded sales of 1,4 bn € and after tax profits of 120 mn €
in 2007. 63 % of the sales were generated in Europe, 21 % in Asia-Pacific
and Africa, and 16 % in North and South America. 3,900 employees have
contributed to this success.

Mannheim, November 6, 2008

FUCHS PETROLUB AG
Public Relations
Friesenheimer Str. 17
68169 Mannheim
Tel.: ++49 (0) 621 3802 – 105

This press release is also available on the internet at
http://www.fuchs-oil.com.

Important note
This press release contains statements about future developments that are
based on assumptions and estimates by the management of FUCHS PETROLUB AG.
Even if the management is of the opinion that these assumptions and
estimates are accurate, future actual developments and future actual
results may differ significantly from these assumptions and estimates due
to a variety of factors. These factors can include changes in the overall
economic climate, changes to exchange rates and interest rates, and changes
in the lubricants industry. FUCHS PETROLUB AG provides no guarantee that
future developments and the results actually achieved in the future will
agree with the assumptions and estimates set out in this press release and
assumes no liability for such.
06.11.2008 Financial News transmitted by DGAP

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Language: English
Issuer: Fuchs Petrolub AG
Friesenheimer Str. 17
68169 Mannheim
Deutschland
Phone: +49 (0)621 / 3802-0
Fax: +49 (0)621 / 3802-190
E-mail: contact-de.fpoc@fuchs-oil.de
Internet: www.fuchs-oil.de
ISIN: DE0005790406, DE0005790430
WKN: 579040, 579043
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München

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