Ad-hoc | 9 February 2001 07:49

Ad hoc-Service: Value Managem. & Research englis

Ad-hoc announcement precessed and sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Kevin Devine appointed new CEO of Value Management & Research AG Schwalbach, February 9, 2001 The supervisory board of Value Management & Research AG passed the following resolutions at the supervisory board meeting on February 8th 2001. Kevin Devine becomes new CEO of Value Management & Research AG. Florian Homm resigns for personal reasons as CEO, but will continue as Managing Partner of VMR Luxemburg SA and focus on marketing asset management products to institutional clients, Mr. Homm has voluntarily subjected himself to a lock-up on VMR shares held by himself and his family over a three year period. A third board member of VMR will be appointed shortly. Based on her outstanding performance and leadership skills Mrs. Eller has been promoted to the position of Executive Director and Head of Asset Management. She will become board member of VMR Management SA and VMR Fund Management SA. For further information please contact: Peter Riedel, CFO 06196-8800-234 end of Ad hoc-announcement, (c) DGAP 09.02.2001 ———————————————————————– WKN: 760555; Index: Listed: Geregelter Markt in Frankfurt; Freiverkehr in Berlin, Düsseldorf, Hamburg, München und Stuttgart 090749 Feb 01