Demag Cranes AG with new Investor Relations Team

Düsseldorf,   07. November 2007

  • Horst Thelen takes over the Investor Relations Department
  • Susanne Tengler becomes Senior Manager Investor Relations

Düsseldorf, 7 November 2007. The Investor Relations department of Demag Cranes AG has been reorganised. Horst Thelen has been working for Demag Cranes since November 1, 2007 and will take over the Investor Relations department effective January 1, 2008 from Anke Linnartz, who will leave the company at her own request at the end of the year.

Horst Thelen has many years of Investor Relations experience. As Deputy Head of Investor Relations at Deutsche Telekom AG and thereafter as Head of Investor Relations at T-Online International AG he played a key role in the IPO and second and third stock offerings of Deutsche Telekom AG as well as the IPO of
T-Online International AG. After the merger of T-Online International AG and Deutsche Telekom AG, Horst Thelen was Senior Vice President Investor Relations at Deutsche Telekom AG in Bonn.

Also new on board is Susanne Tengler, who joined the Investor Relations department of Demag Cranes AG as Senior Manager on November 1, 2007. Susanne Tengler was formerly Senior Manager Investor Relations at T-Online International AG and thereafter at Versatel AG.

About Demag Cranes:
Demag Cranes AG is one of the world’s leading providers of industrial cranes, crane components, harbour cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another core element of its business activities. The Group is divided up into the three segments: Industrial Cranes, Port Technology and Services. It has the strong and established "Demag" and "Gottwald" brands. Demag Cranes sees its core expertise in the development and design of technologically advanced cranes and hoists as well as automated transport and logistic systems in ports, 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 joint ventures. In financial year 2005/2006, 5,680 employees generated sales of some EUR 987 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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