Wolfgang-Dietrich Hein to be new Chairman of IWKA AG's Executive Board

Hein was appointed by the company's Supervisory Board at an extraordinary meeting on July 29, 2005, and will assume his new role effective September 1, 2005

01 August 2005

Wolfgang-Dietrich Hein will be the new Chairman of the Executive Board of
IWKA Aktiengesellschaft in Karlsruhe.

Wolfgang-Dietrich Hein (56) graduated as a Dipl.-Ing. in electrical engineering. From 1974 to 1990, he had international responsibility in leading positions at two renowned German mechanical and plant engineering companies, MAN and Krupp. Since 1990, he has worked as either managing director, board member or consultant for a series of medium-size and large mechanical engineering companies. Hein is currently the CEO of Coperion Holding, based in Stuttgart (formerly Werner & Pfleiderer AG). He is also a member of the board of the VDMA's (Verband Deutscher Maschinen- und Anlagenbau - German Engineering Federation) plastics machinery sector.

Reinhard Engel, Chairman of the Supervisory Board of IWKA AG, made the following statement regarding the appointment: "We are very pleased to have found in Mr. Hein an expert with an excellent track record and international experience in every facet of an assignment that is by no means an easy one. Mr. Hein has all the necessary professional credentials and personal attributes to move IWKA forward and to position it for the future, both strategically and structurally. IWKA has outstanding prospects. Mr. Hein will significantly contribute to tap the full potential."

According to Wolfgang-Dietrich Hein, "Taking the helm of IWKA is an intriguing challenge. Not only does the company have a solid history, it also fulfills all prerequisites to take a top position at international level in each of the Group's fields of activity and to sustainably improve the group's profitability. I am very much looking forward to this assignment."

IWKA is a globally operating group of automation companies with about 11,500 employees that conducts business in the mechanical and plant engineering sectors and focuses on the Automotive, Packaging and Robot technologies. In 2004, the company generated sales revenues of EUR 2.3 billion.

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