Readcrest Capital AG

Board/Management Information • Mar 4, 2009

News Details

Ad-hoc | 4 March 2009 10:20

New management team at Business Media China AG

Business Media China 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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Ad-hoc

New management team at Business Media China AG

• New CEO and CFO appointed as of March 18, 2009

• Previous CEO K.M. Hilligardt will be proposed as member of the Board of
  Directors, other changes in the Board to follow

• New management team will present strategy and outlook in late April
  2009

Stuttgart, March 04, 2009. In order to further strengthen and stabilize
Business Media China AG the supervisory Board of the company has appointed
Heinz Zuercher as new Chief Executive Officer and Christian Hoelscher as
new Chief Financial Officer. The former executive Board (Klaus Michael
Hilligardt/CEO, Peter Sassmann/CFO, Li Yang Yang/COO) will step back
following the approval of the audited fiscal 2008 results by the
supervisory board as of March 18, 2009.

Former CEO Klaus M. Hilligardt will continue to support the company as
consultant to the exhibitions and conference division and the business
development. Further he will be proposed at the forthcoming AGM for
election to the Supervisory Board of the company.

Heinz Zuercher (1969) is a serial entrepreneur with over eighteen years of
international business development experience in several growth companies,
which he co-founded and successfully led. He has extensive knowledge of
diverse cultures, particularly in Asia where he has worked throughout his
career. He earned a postgraduate diploma from UC Berkeley and is a holder
of a Swiss higher national diploma (HWV). He has held numerous board member
positions both in Switzerland and internationally. His latest functions
were at Bank Frey & Co AG (Switzerland), Tozai Group AG (Switzerland/Japan)
and Fargate AG (Switzerland).

Christian Hoelscher (1961) has extensive experience in financial management
of international companies of different industries. After studying business
administration at the European Business School, he began his career with
Nixdorf Computer AG. He then moved on to work for Price Waterhouse
Management Consulting, where he assisted clients in re-engineering their
businesses and improving the efficiency of their organisations. In 1995
Christian Hoelscher joined the Finance function of the leading European
vaccine manufacture, Sanofi Pasteur MSD, where he occupied positions of
increasing responsibility, including the role of Vice President Finance and
Information Systems.

The new Executive Board intends to hold an analyst conference at the end of
April to inform about potential strategic changes and the outlook of the
company.

For more information:

Business Media China AG

Rotebühlstrasse 87

DE-70178 Stuttgart

invest@businessmediachina.com

Edwin van der Geest

+41 43 268 32 30
04.03.2009 Financial News transmitted by DGAP

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Language: English
Issuer: Business Media China AG
Rotebühlstrasse 87
70178 Stuttgart
Deutschland
Phone: +49 (0)711 490 890 0
Fax: +49 (0)711 490 890 110
E-mail: invest@businessmediachina.com
Internet: www.businessmediachina.com
ISIN: DE0005250401
WKN: 525040
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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