The General Shareholders’ Meeting of Demag Cranes AG voted to approve all agenda items

Düsseldorf,   06. March 2008

The General Shareholders’ Meeting of Demag Cranes AG voted to apprive all agenda items. The General Shareholders’ Meeting was chaired by Mr. Reinhard Gorenflos, Chairman of the Supervisory Board. At the time of voting, 7,101,622 shares of 7,101,622 EUR, which is equal to 33.54 percent of the capital stock, were present or represented.

Voting results:

  • Agenda item 1: Presentation of the adopted annual financial statement of the company
    No voting
  • Agenda item 2: Disposition of unappropriated net income
    Yes: 7,096,695 (99.96 percent); No: 3,122 (0,04 percent)
  • Agenda item 3: Formal approval of the acts of the members of the Management Board
    Yes: 6,938,618 (99.07 percent); No: 65,365 (0.93 percent)
  • Agenda item 4: Formal approval of the acts of the members of the Supervisory Board
    Yes: 7,016,742 (98.96 percent); No: 73,806 (1.04 percent)
  • Agenda item 5: Election of the auditors for the 2007/2008 financial year
    Yes: 7,023,419 (98.94 percent); No: 75,078 (1.06 percent)
  • Agenda item 6: Election of the Supervisory Board
    As members of the board have been re-elected:
    • Mr. Reinhard Gorenflos
      Yes: 7,085,162 (99.81 percent); No: 13,365 (0.19 percent)
    • Prof. Dr. h.c. Karlheinz Hornung
      Yes: 7,096,523 (99.97 percent); No: 2,204 (0.03 percent)
    • Mr. Robert J. Koehler
      Yes: 6,947,750 (97.85 percent); No: 152,517 (2.15 percent)
    • Dr. Herbert Meyer
      Yes: 7,095,979 (99.94 percent); No: 4,198 (0.06 percent)
    • Dr. Martin Posth
      Yes: 7.096.442 (99.95 percent); No: 3,535 (0.05 percent)
    • Mr. Burkhard Schuchmann
      Yes: 7,096,587 (99.95 percent); No: 3,410 (0.05 percent)
  • Agenda item 7: Acquisition of Company stock
    Yes: 7,095,972 (99.96 percent); No: 2,675 (0.04 percent)

About Demag Cranes AG
The Demag Cranes Group is one of the world's leading suppliers of industrial cranes and crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishments, are another key element of the Group’s business activities. The Group is divided into the business segments Industrial Cranes, Port Technology and Services and has strong and well-established "Demag" and "Gottwald" brands. Demag Cranes sees its core competence in the development and construction of technically sophisticated cranes and hoists as well as automated transport and logistics systems in ports and terminals, the provision of services for these products and the manufacture of high-quality components.

As a global supplier, Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and a joint venture. In financial year 2006/2007, the Group, with its 5,813 employees, generated revenue of around EUR 1,080 million. Since the end of June 2006, the Demag Cranes share (WKN: DCAG01) has been listed in the Prime Standard of the German Stock Exchange and is included in the SDAX share index.

Demag Cranes. We Can Handle It.


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