Linnartz Head of Investor Relations at Demag Cranes AG

Düsseldorf,   12. June 2006

As of 1 October 2006 Anke Linnartz (36) will be Head of the newly created Investor Relations section at Demag Cranes AG, which is scheduled to go public on June 20. She will report directly to CFO Dirk Kiessling. Linnartz was employed until now at the GEA Group in Bochum, where she has been head of the IR section since 2004. Before that, she worked from 1998 to 2004 in management functions for business intelligence specialist MIS, where she also rose to the rank of Head of Investor and Public Relations. Anke Linnartz is a member of the Board of 'Deutscher Investor Relations Verband' (DIRK).

About Demag Cranes AG

The Demag Cranes Group is one of the world's leading providers of industrial cranes and crane components, harbor cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another core element of its business activities. The Group, which is divided into the Industrial Cranes, Port Technology and Services segments, has strong brands - 'Demag' and 'Gottwald'. Demag Cranes believes that it is a global market leader, by virtue of its innovation and technology leadership, its excellent product and service quality and its close and long-term customer relationships. 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.

For the fiscal year 2004/2005, the Group reported total sales of € 881.6 million and an adjusted EBIT of € 64.0 million (Combined Financial Statements prepared in accordance with IFRS).


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