Corporate | 19 December 2008 08:30


STEICO AG appoints new CFO

STEICO Aktiengesellschaft / Change of Personnel

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STEICO AG appoints new CFO

- Jan von Hofacker is STEICO AG's new CFO 

Feldkirchen (Munich), December 19, 2008 – Mr. Jan von Hofacker has been
appointed as a new member of the Managing Board of STEICO AG (ISIN
DE000A0OR936) by way of a resolution by the Supervisory Board dated
December 18, 2008. Mr. von Hofacker will join the company with effect from
January 1, 2009 and will be responsible for finance.

Company profile:

The STEICO Group develops, produces and sells ecological construction
products made of renewable materials. STEICO leads the European market for
wood-fiber insulation materials with a market share of more than 40%.

STEICO is positioned as a system provider for ecological wood construction.
The company's product range includes wood-fiber insulation materials,
hemp-based products, I-joists as construction elements as well as laminated
veneer lumber. The production of natural fiber boards (NFB) rounds off the
company's vertical integration and extensive product range – which are
unique in the industry. The Munich-based company's products are
successfully used in home building for floors, walls, ceilings and roofs.

STEICO's products enable the construction of future-proof, healthy
buildings which offer a particularly high quality of living. STEICO's
products offer reliable protection from cold, heat and noise and also
sustainably improve the building's energy efficiency.

Contact:
Andreas Schulze
STEICO Aktiengesellschaft
Hans-Riedl-Strasse 21
85622 Feldkirchen
Fon: +49-(0)89-99 15 51-48
Fax: +49-(0)89-99 15 51-97
E-Mail: schulze@steico.com
www.steico.com



19.12.2008  Financial News transmitted by DGAP
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Language:     English
Issuer:       STEICO Aktiengesellschaft
              Hans-Riedl-Str. 21
              85622 Feldkirchen
              Deutschland
Phone:        +49 - (0)89 - 99 15 51 - 0
Fax:          +49 - (0)89 - 99 15 51 - 99
E-mail:       info@steico.com
Internet:     http://www.steico.com
ISIN:         DE000A0LR936
WKN:          A0LR93
Listed:       Freiverkehr in Berlin, Düsseldorf, München; Entry Standard in
              Frankfurt
 
End of News                                     DGAP News-Service
 
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