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Board/Management Information • Feb 27, 2007

News Details

Ad-hoc | 27 February 2007 15:10

ARQUES Industries AG: Change in executive board at ARQUES Industries

ARQUES Industries 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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Change in executive board at ARQUES Industries

Starnberg, February 27, 2007 – The current chief financial officer of the
Starnberg-based equity investment company, ARQUES Industries AG (ISIN
DE0005156004), Dr. Martin Vorderwülbecke, will succeed Dr. Peter Löw as
executive board chairman on May 1, 2007. The appointment by the supervisory
board is planned for the routine meeting on March 29, 2007. Dr. Löw will
not extend his expiring five year contract and will withdraw into private
life. The continuity in the company strategy and management is ensured by
Dr. Vorderwülbecke taking over the position.

Dr. Vorderwülbecke has been a member of the ARQUES executive board since
July 1, 2004 and previously a member of the company’s supervisory board.
With his withdrawal into private life, Dr. Löw has sold the bulk of his
14.14% share. The sale amounting to a total of 3 million shares (i.e.
12.36%) took place on February 23, 2007 at a price of EUR 17.64. Hereby the
free float of the company increases to 100% since shares under 5% are not
taken into consideration in the calculation. The shares were sold over the
counter via an investment bank within a very short time to institutional
investors in Germany and in Anglo-Saxon areas. ARQUES leaves the guidance
for 2006 unchanged and affirms its prognoses for 2007.

Contact:
ARQUES Industries AG
Investor Relations & Corporate Communication
Anke Lüdemann, CEFA/CIIA
Tel.: +49 (0) 8151/ 651 0
Email: luedemann@arques.de

DGAP 27.02.2007

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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