Advisory Board appoints new Chairman of the Management Board; again special dividend proposed

Ad-hoc statement, 20 March 2009

In its meeting today the Supervisory Board of TAKKT AG has decided on the succession of Georg Gayer, who will retire as Chairman and board member of the Management Board on 31 May 2009 due to personal reasons. Dr Felix A. Zimmermann, Deputy Chairman with responsibility for the K + K America division since 01 May 2008, has been appointed Gayer's successor with effect from 01 June 2009. Zimmermann has many years experience in the TAKKT Group, having already served as CFO of TAKKT AG from March 1999 to May 2004. Subsequently he served as CFO of Celesio AG from June 2004 until April 2008.

Moreover, after confirmation of the financial statements at 31 December 2008 and approval of the consolidated financial statements at 31 December 2008, the Supervisory and Management Boards of TAKKT AG, Stuttgart, have resolved to propose to the Annual General Meeting on 6 May 2009 a dividend for the financial year 2008 of EUR 0.80 per share. This consists of an ordinary dividend of EUR 0.32 per share and a special dividend of EUR 0.48 per share. The proposal from the Management and Supervisory Boards for another payment of a special dividend is based on the good performance in the year 2008.

Thanks to the strong balance sheet and the stable business model, TAKKT will continue in future to enable its shareholders to participate directly in the profits and cash flow of the company in so far as no larger investment projects or acquisitions are undertaken.

The shares of the TAKKT AG are admitted to stock exchange trading with official quotation at the Prime Standard of the Frankfurt Stock Exchange and the Stuttgart Stock Exchange.

Stuttgart, 20 March 2009

Contact:
Georg Gayer, CEO
T +49 711 34658-201

Dr. Florian Funck, CFO
T +49 711 34658-207

E-mail: investor@takkt.de