Ad-hoc | 23 March 2004 07:00

REALTECH AG: Changes to the Executive Board

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Walldorf, March 23, 2004. At its meeting yesterday, REALTECH AG’s Supervisory Board voted to appoint Nicola Glowinski (with a Master’s degree in economics) and Dr. Rudolf Caspary (with a Master’s degree in engineering/physics) to the Executive Board of REALTECH AG. At the same time, Daniele Di Croce is departing from the Executive Board. The Executive Board will therefore consist of three members in the future – the two new ones plus Michael Knopp. The reason for appointing new members to the Executive Board is that Daniele Di Croce, co-founder and CEO of REALTECH AG, is now withdrawing from active management work, as planned since the end of 2003, after 10 years in REALTECH’s management and on the Executive Board. The Supervisory Board accepts this step with regret. “We are delighted that Mr. Di Croce will continue to advise the company and wish to use this opportunity to thank him for his outstanding services with regard to setting up and further developing the company,” states Dieter Matheis, Chairman of REALTECH AG’s Super- visory Board. Nicola Glowinski will assume the position of Chief Executive Officer (CEO) and will be responsible for the Sales & Distribution and Marketing department, as well as for consulting solutions. Dr. Caspary will become Chief Technology Officer (CTO), assuming responsibility for the Software Development department and for software solutions. Michael Knopp will retain his position of Chief Financial Officer (CFO). “Mr. Glowinski and Dr. Caspary have demonstrated their exceptional technical expertise and their leadership qualities in the management of REALTECH system consulting GmbH. Together with Mr. Knopp they form a team that is excellently qualified to help REALTECH AG master the future challenges in the SAP consult- ing and system management market,” continues Dieter Matheis. REALTECH will be publishing its final consolidated financial statements for 2003 on March 25, 2004. REALTECH AG’s Executive Board will comment on the results for the fiscal year 2003 and the outlook for 2004 in the context of a telephone conference at 10.00 a.m. A conference for DVFA analysts will be held at 3.00 p.m. in Frankfurt/Main. Contact: Volker Hensel Investor Relations REALTECH AG, 69190 Walldorf, Germany Tel.: +49 6227 837 500 Fax: +49 6227 837 9134 end of ad-hoc-announcement (c)DGAP 23.03.2004 ——————————————————————————– WKN: 700890; ISIN: DE0007008906; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 230700 Mär 04