TAKKT AG – Supervisory Board ensures long-term Management

Ad-hoc statement, 07 May 2008

The Supervisory Board of TAKKT AG has in its meeting today, immediately prior to the Annual General Meeting, deliberated upon the extension of contracts for Management Board members.

At  the request of the Chairman of the Management Board, Georg Gayer (born 1946), whose existing contract runs until 28.02.2009, his contract is extended only until the end of the next but one Annual General Meeting in May 2010. In its meeting on 14th March 2008 the Supervisory Board had already appointed Dr. Felix A. Zimmermann (born 1966) with effect from 01.05.2008 as Deputy Chairman with responsibility for the division K+K America. Thus at TAKKT all three divisions are individually represented by a member of the Management Board.

Furthermore the Supervisory Board has extended the contract of Franz Vogel (born 1948), COO KAISER + KRAFT EUROPA division, which was due for extension, until 28 February 2014.

Stuttgart, 7 May 2008

Contact:

Georg Gayer, CEO
Phone +49 711 34658-201

Dr Florian Funck, CFO
Phone +49 711 34658-207