Ad-hoc | 19 December 2002 08:46

Nemetschek AG english

Nemetschek Scales Down Managing Board and Supervisory Board Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Nemetschek Scales Down Managing Board and Supervisory Board Munich, December 19, 2002. Nemetschek AG, a leading vendor of software and consulting services in the design, construction and management of buildings and real estate announces changes in the Managing Board and in the Supervisory Board. Wolfgang Hilpert, Chief Technology Officer since November 2001, resigns from the Managing Board on December 31, 2002. His position will not be assigned again. The technology division will be run by CEO Gerhard Weiss. Thus, the Group will be managed by the Board members Gerhard Weiss and Uwe Wassermann. Nemetschek also announces changes in the Supervisory Board. The present chairman of the Supervisory Board, Dr. Jürgen Peters, relinquishes the chairmanship for job-related reasons but stays member of the Supervisory Board. As of December 31, 2002, Prof. Dr. Hans Jörg Bullinger and Prof. Dr. Clemens Jochum resign from the Supervisory Board for job-related reasons. Kurt Dobitsch, longtime member of the Supervisory Board will assume chairmanship of the Supervisory Board. As of January 1, 2003 until the Annual General Shareholder meeting 2003 further members of the Supervisory Board are founder Prof. Georg Nemetschek, Dr. Jürgen Peters and Dr. Ralf Nemetschek. At the Annual General Shareholder meeting on May 27, 2003 the administration will suggest to the shareholders a reduction of the Supervisory Board from 6 to 3 members. By reducing the number of members of the Managing Board and of the Supervisory Board the company adjusts the company organs in size and responsibility assignment to the changed general economic conditions. Contact: Investor Relations, Mr. Richard Höll, Nemetschek AG, Konrad-Zuse-Platz 1, 81829 Munich, Germany. Phone: +49 (0)89/92793-1219, fax: -5520, e-mail: Investorrelations@nemetschek.de end of ad-hoc-announcement (c)DGAP 19.12.2002 ——————————————————————————– WKN: 645290; ISIN: DE0006452907; Index: Listed: Neuer Markt Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 190846 Dez 02