Ad-hoc | 29 January 2004 15:56

MLP AG: MLP appoints Nils Frowein as CFO

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– MLP appoints Nils Frowein as CFO Heidelberg, January 29th, 2004 – At its meeting today the MLP AG supervisory board appointed Nils Frowein to the position of chief financial officer. Frowein will be assuming his role with effect from April 1st, 2004 and be responsible for accounting and controlling, taxes and general administration. “MLP will be winning a highly competent financial expert with Frowein. His many years of experience in the banking and insurance industry make Frowein the ideal appointment for the financial department at MLP,” says Uwe Schroeder-Wildberg, chief executive officer of MLP AG. Nils Frowein (39), CPA, comes from the auditing company BDO Deutsche Warentreuhand AG. In his role as partner he managed the Financial Advisory Services department for Frankfurt, Stuttgart and Munich. In recent years Frowein has advised banks, insurance companies and financial services institutions that operate nationally and internationally and has extensive knowledge in the areas of financial and management accounting, company valuation and M&A consulting. As a result of this new appointment to the financial department, the areas of responsibility within the four-man executive board at the holding company are also to be redefined. The chief executive officer, Uwe Schroeder-Wildberg, will assume immediate responsibility for strategy, group planning and control, legal, communication, personnel, IT and audit departments. Eugen Bucher, previously responsible for the investment and wealth management products, is responsible for distribution. Gerhard Frieg, until now responsible for the insurance area, will be taking over product management and product acquisition for the entire MLP Group in the future. end of ad-hoc-announcement (c)DGAP 29.01.2004 ——————————————————————————– WKN: 656990; ISIN: DE0006569908; Index: MDAX Listed: Amtlicher Markt in Frankfurt (Prime Standard) und Stuttgart; Freiverkehr in Berlin-Bremen, Düsseldorf, Hamburg, Hannover und München; EUREX 291556 Jän 04