ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

The supervisory board of POLYTEC HOLDING AG appointed Dkfm. Peter Haidenek as new Chief Financial Officer (CFO) of POLYTEC GROUP. He will start on February 1, 2011 at the latest.

Peter Haidenek has a long lasting experience as board member and managing director of international, stock listed companies. Among others he was member of the board of Flamm AG (Aachen, D) and Chemson Polymer Additive AG (Arnoldstein, A) as well as in the management of Deutsche Lufthansa AG and Adidas-Salomon AG At last he was working as Senior Manager and Head of the M&A and ECM team at KPMG Financial Advisory Services GmbH Vienna.

end of announcement   euro adhoc

issuer:      Polytec Holding AG
             Linzer Straße 50
             A-4063 Hörsching
phone:       +43 (0) 7221 / 701-0
FAX:         +43 (0) 7221 / 701-0
mail:        investor.relations@polytec-group.com
WWW:         www.polytec-group.com
sector:      Industrial Components
ISIN:        AT0000A00XX9
indexes:     ATX Prime

stockmarkets: official market: Wien language: English

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