Ad-hoc | 8 July 2004 13:49

Vivanco AG strengthens its Management team

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Vivanco AG strengthens its Management team Ahrensburg, July 8th 2004: The Supervisory Board of the stock-listed German based Vivanco Gruppe AG, one of Europe’s leading accessory specialist has announced at its recent meeting to prolong the contract with the Board Member Frank Bussalb (42) till mid of 2008. Bussalb as Board Member is responsible for the worldwide sales and marketing activities of the Group as well as for the eight European subsidiaries. Together with the CEO of the Group, Paul Jähn (43), Bussalb does perform the Management Board of the Vivanco Gruppe AG. The Supervisory Board and the Management Board with this long-term commitment hereby do clearly state their sound confidence and trust in the so far very successful reempowerment process of the Vivanco Gruppe AG. In addition Vivanco has hired the internationally experienced Hans Tscherniewski (48) in the function as the new head of procurement and as Managing Director of the Subsidiary in Hong Kong. Tscherniewski was before working for Haettich Group as General Manager. Moreover Vivanco welcomes the very experienced Peter Zabel (63) as its new head of Human Resources. Before he used to be the head of HR of the Sales Division of Panasonic, Hamburg. In addition Thomas Benecke (41) has been appointed as General Manager for the entire European Product Marketing and Categories. Volkmar Heimann (49) has joined Vivanco as its new General Sales Manager Germany. Before he used to be head of Sales in Germany for Sharp. By embroadening and strengthening its Management team Vivanco does significantly invest in highly qualified and internationally experienced professionals to expand into new markets and thereby to improve its position as one of the leading European accessory specialists. end of ad-hoc-announcement (c)DGAP 08.07.2004 ——————————————————————————– WKN: 760290; ISIN: DE0007602906; Index: Listed: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, München und Stuttgart 081349 Jul 04