euro adhoc: RHI AG / Board of Directors (Appointments and Changes) / RHI Supervisory Board decides on changes in Management Board effective January 2007 (E)

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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15.02.2006

At today’s meeting the Supervisory Board of RHI AG decided unanimously to extend
the Board of Management from three to four members as of January 2007. CEO Dr.
Helmut Draxler will leave the Board of Management of RHI AG at his own request
when his existing contract expires in January 2007. He declined the offered
contract extension for personal reasons.

Dr. Andreas Meier, currently deputy CEO, was appointed Dr. Draxler’s successor.
Responsible for the global refractories activities of the RHI Group, Dr. Meier
played a decisive role in the successful path of RHI Refractories to become
world market leader.

Dr. Eduard Zehetner will remain Chief Financial Officer with extended
responsibilities. His contract was renewed in 2005, and he was appointed deputy
CEO as of January 1, 2007.

The RHI Group will in the future continue to expand as a company solely focused
on refractories and enhance its leading position in the world market after the
sale of the Heraklith division.

Dr. Giorgio Cappelli and Dr. Manfred Hödl, both successful managers in the RHI
Group for many years, were appointed deputy board members with effect from
January 1, 2007 to enforce customer and market development.

Dr. Cappelli will be responsible for the customer segment steel worldwide, Dr.
Hödl for the industrial segment, which comprises the customer industries cement,
lime, glass, nonferrous metals, energy and environmental technology.

Following the sale of the Heraklith division, the RHI Group will make forceful
use of the gained financial scope and expand the world-wide refractories
business. There are good chances in the raw material and business area to
achieve sustained success in RHI Refractories´ market position and earnings
strength within the next years.

Further inquiry note:
RHI AG
Investor Relations
Dkfm. Markus Richter
Tel: +43-1-50213-6123
Email: [email protected]

end of announcement euro adhoc 15.02.2006 13:00:09
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emitter: RHI AG
Wienerbergstrasse 11
A-1100 Wien
phone: +43 1 50213-6123
FAX: +43 1 50213-6130
mail: [email protected]
WWW: http://www.rhi-ag.com
ISIN: AT0000676903
indexes: ATX Prime
stockmarkets: official dealing: Wiener Börse AG
sector: Refractories
language: English

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