Meyer Burger Technology AG — Board/Management Information 2009

Jun 30, 2009

News Details

Corporate | 30 June 2009 10:00

Roth & Rau AG prematurely extends management contract with Carsten Bovenschen until May 2015

Roth & Rau AG / Change of Personnel

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• Roth & Rau AG prematurely extends management contract with Carsten
  Bovenschen until May 2015
• Continuity of management to safeguard further company growth

Hohenstein-Ernstthal, 30 June 2009 - The Supervisory Board of Roth & Rau AG
has prematurely extended the management contract with Carsten Bovenschen
(45), which was due to expire in May 2010, for a further five years. Having
already extended the contract with the company's CEO, Dr. Dietmar Roth, in
May, the Supervisory Board has thus ensured a high degree of management
continuity, enabling the successful strategic course taken in past years to
be maintained. Within the Management Board, Bovenschen is responsible for
the areas of finance, controlling, legal and compliance, personnel,
materials management and IT. The graduate in business administration
assumed the position of CFO at Roth & Rau in 2007 and has played a key role
in accompanying the execution of various capital increases, the approval of
a syndicated loan and the Group's international expansion. The company's
declared aim is to further expand into a leading full-line provider of
equipment for the manufacture of solar cell and module production systems.
With sales of Euro 272 million in 2008, Roth & Rau reported the most
successful financial year in its history to date.

'We are very much looking forward to working together with Carsten
Bovenschen in future as well. He has made a major contribution towards
structuring the Group and will continue to pursue this task with great
dedication', stated Eberhard Reiche, Chairman of the Supervisory Board of
Roth & Rau AG.

From 1 July 2009, the Management Board of Roth & Rau AG will consist of
three members, namely Dr. Dietmar Roth, CEO and company founder, Thomas
Hengst, the newly appointed Sales Director, and Carsten Bovenschen as CFO.

About Roth & Rau AG:
Roth & Rau AG based in Hohenstein-Ernstthal (ISIN DE000A0JCZ51) is one of
the world's leading suppliers of technologies and production equipment for
the photovoltaics industry. Roth & Rau's photovoltaic division (PV) focuses
on providing antireflective coating facilities as well as fully automated
manufacturing lines (turnkey production lines) for the production of
crystalline silicon solar cells. Another focus is on the production of
coating facilities and turnkey production lines for the production of thin
film solar modules. The plasma and ion beam technology division (PIB)
produces plasma sources and ion beam sources as well as process systems for
plasma and ion beam enhanced thin film and surface processing methods.
Customers served by this division include, in particular, companies in the
semiconductor industry, R&D departments in various industries including
photovoltaics as well as research institutes and universities. The third
division, 'Other activities', comprises maintenance and service, software
products as well as other products and services. Roth & Rau AG posted EBIT
of EUR 28.5 million and sales of EUR 272.1 million pursuant to IFRS for the
2008 financial year and employed 606 people as of 31 December 2008. In the
first three months of 2009, the Group generated earnings before interest
and taxes of EUR 7.1 million on sales of EUR 66.1 million. The headcount
increased to 702 as at 31 March 2009.

Contact:
Roth & Rau AG
Dr. Silvia Roth
Tel.: +49 (0) 3723/6685-333
E-Mail: investor@roth-rau.de

Haubrok Investor Relations GmbH
Simone Gorny
Tel.: +49 (0) 211/30126-130
E-Mail: s.gorny@haubrok.de
30.06.2009 Financial News transmitted by DGAP

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Language: English
Issuer: Roth & Rau AG
An der Baumschule 6-8
09337 Hohenstein-Ernstthal
Deutschland
Phone: 03723 6685-0
Fax: 03723 6685-100
E-mail: info@roth-rau.de
Internet: www.roth-rau.de
ISIN: DE000A0JCZ51
WKN: A0JCZ5
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Düsseldorf

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