No dividend to be paid
Since IWKA Aktiengesellschaft's year-end result is negative, there will be no dividend payment for the 2005 financial year.
New Executive Board members appointed
In a meeting on March 28, 2006, the Supervisory Board appointed Mr. Gerhard Wiedemann, Chairman of the board of directors of KUKA Schweissanlagen GmbH, and Mr. Bernd Liepert, Chairman of the board of directors of KUKA Roboter GmbH, as full members of the Executive Board of IWKA Aktiengesellschaft, effective April 1, 2006, in order to integrate the operational management of the IWKA Group's divisions more tightly into IWKA Aktiengesellschaft.
The Executive Board will therefore be comprised of the following persons as of April 1, 2006.
Mr. Wolfgang-Dietrich Hein: CEO; strategic corporate development, investor relations, press relations, group senior management and legal affairs, labor director
Mr. Dr. Jürgen Koch: Finance and controlling
Mr. Gerhard Wiedemann: Automotive division
Mr. Bernd Liepert: Robotics division
Mr. Dieter Schäfer: Packaging division
Supervisory Board changes
The Supervisory Board agreed to the Executive Board's proposal regarding the restructuring of the IWKA Group in its meeting of March 28, 2006. In order to avoid future conflicts of interest, Dr. Herbert Demel submitted his resignation as a member of the Supervisory Board effective the end of the Annual General Meeting to be held on June 1, 2006. The Supervisory Board shareholder representatives propose Prof. Dr.-Ing. Gerd Hirzinger, Director of the DLR Institute for Robotics und Mechatronics in Seefeld, to be elected as Dr. Demel's successor by the company's Annual General Meeting on June 1, 2006.
Karlsruhe, March 28, 2006
The Executive Board