KUKA AG — Board/Management Information 2006

Mar 28, 2006

News Details

Ad-hoc | 28 March 2006 18:03

IWKA AG: 2005 year-end result, No dividend to be paid, New Executive Board members appointed, Supervisory Board changes

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— IWKA Aktiengesellschaft Gartenstrasse 71, 76135 Karlsruhe – ISIN DE0006204407- Listed on the following German stock exchanges: Frankfurt, Berlin, Düsseldorf, Hamburg, Hanover, Munich, Stuttgart Market segment: Prime Standard Ad hoc disclosure in accordance with section 15 of the WpHG (Wertpapierhandelsgesetz – German Securities Trading Act) 2005 year-end result No dividend to be paid New Executive Board members appointed Supervisory Board changes 1. 2005 year-end result As announced in the ad-hoc disclosure dated December 29, 2005, book losses resulting from the IWKA Group’s discontinued operations, the Ex-Cell-O Group’s operating loss and one-time charges in continuing operations weighed heavily on the 2005 year-end result and led to a substantial loss. For the 2005 financial year, IWKA Aktiengesellschaft reports a shortfall of EUR 191.4 million and the IWKA Group a shortfall of EUR 147.5 million. 2. No dividend to be paid Since IWKA Aktiengesellschaft’s year-end result is negative, there will be no dividend payment for the 2005 financial year. 3. New Executive Board members appointed In a meeting on March 28, 2006, the Supervisory Board appointed Mr. Gerhard Wiedemann, Chairman of the board of directors of KUKA Schweissanlagen GmbH, and Mr. Bernd Liepert, Chairman of the board of directors of KUKA Roboter GmbH, as full members of the Executive Board of IWKA Aktiengesellschaft, effective April 1, 2006, in order to integrate the operational management of the IWKA Group’s divisions more tightly into IWKA Aktiengesellschaft. The Executive Board will therefore be comprised of the following persons as of April 1, 2006. – Mr. Wolfgang-Dietrich Hein: CEO; strategic corporate development, investor relations, press relations, group senior management and legal affairs, labor director – Mr. Dr. Jürgen Koch: Finance and controlling – Mr. Gerhard Wiedemann: Automotive division – Mr. Bernd Liepert: Robotics division – Mr. Dieter Schäfer: Packaging division 4. Supervisory Board changes The Supervisory Board agreed to the Executive Board’s proposal regarding the restructuring of the IWKA Group in its meeting of March 28, 2006. In order to avoid future conflicts of interest, Dr. Herbert Demel submitted his resignation as a member of the Supervisory Board effective the end of the Annual General Meeting to be held on June 1, 2006. The Supervisory Board shareholder representatives propose Prof. Dr.-Ing. Gerd Hirzinger, Director of the DLR Institute for Robotics und Mechatronics in Seefeld, to be elected as Dr. Demel’s successor by the company’s Annual General Meeting on June 1, 2006. Karlsruhe, March 28, 2006 The Executive Board Contact: Herr von Muenchhausen Tel.: +49 (0)721 143-325 Fax: +49 (0)721 143-331 E-Mail: v.muenchhausen@iwka.de (c)DGAP 28.03.2006 ————————————————————————— language: English emitter: IWKA AG Postfach 3409 76020 Karlsruhe Deutschland phone: +49 (0)721 143 – 0 fax: +49 (0)721 143 – 331 email: info@iwka.de WWW: www.iwka.de ISIN: DE0006204407 WKN: 620440 indexes: MDAX stockmarkets: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart End of News DGAP News-Service —————————————————————————