Change in Management Board – Finance

Cologne, September 7, 2011 – Manfred Weinandy, CFO of KHD Humboldt Wedag International AG has decided to leave the company for personal reasons. The supervisory board has agreed to accept the resignation of Mr Weinandy from office with effect as of today as well as to the mutual cancellation of his service agreement.

The SVB regrets the departure of Manfred Weinandy and thanks him for his achievements and dedication. The Chairman of the directors Jouni Salo has been appointed as acting CFO for an interim period.

Additional Information

ISIN: DE0006578008
Securities identification number (WKN): 657800
Market segment: Regulated Market (General Standard) of the Frankfurt Stock Exchange

KHD Humboldt Wedag International AG
Colonia-Allee 3
51067 Cologne, Germany

Contact

cometis AG
Stefan Bulfon

Tel.: +49 (0)611 – 205855-65
Fax: +49 (0)611 – 205855-66
E-Mail: bulfon@cometis.de

Related topics

KHD awarded € 100 million project in Malaysia

Straits Cement, a 100% subsidiary of the Malaysian YTL Group, has awarded KHD with a € 100 million contract to build a new, fully integrated cement production facility with a capacity of 5000 tons of cement per day and will be located near Kuantan, Malaysia, approximately 260 kilometers east of Kuala Lumpur.

KHD posts EBIT margin of 7.5% in 2011 despite fall in revenue – modest expectations for 2012

KHD Humboldt Wedag International AG (KHD), one of the world’s leading suppliers of equipment and services for the cement industry, generated Group revenue of € 234.6 million in the 2011 financial year. The 18.2% year-on-year reduction is primarily attributable to delayed projects. However, KHD succeeded in maintaining a largely unchanged EBIT margin of 7.5% (previous year: 8.7%).

KHD Concludes Negotiations on New Bank Guarantee Bonding Facility Totaling € 130,000,000

Claudius Peters Projects GmbH (“CPP”) and KHD Humboldt Wedag GmbH (“KHD”) have settled all disputes relating to or arising out of alleged patent infringement, validity of, and/or breach of intellectual property rights in and to the ETA Cooler technology and other related matters.