DGAP-Adhoc

Heidelberger Druckmaschinen AG: Reorganization of the Heidelberg Management Board - Rainer Hundsdörfer appointed new CEO

Heidelberger Druckmaschinen AG / Key word(s): Change of Personnel

27.10.2016 18:01

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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* Rainer Hundsdörfer will become CEO on November 14
* Dr. Ulrich Hermann is appointed to the Management Board

The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) is
reorganizing the company's Management Board today with the appointment of
Rainer Hundsdörfer (59) as the new CEO and Dr. Ulrich Hermann (49) as a
regular member. International industry expert Mr. Hundsdörfer will replace
Dr. Gerold Linzbach on November 14, who is leaving the company of his own
accord, as already announced.

With this focus on expanding digital business models at Heidelberg,
Dr. Ulrich Hermann has been appointed a member of the Management Board
effective November 14. As proven expert in digitization, he is qualified to
steer the company's ongoing digital transformation.

Current Management Board member Harald Weimer, responsible for Heidelberg
Services, will be stepping down at his own request as of November 13, 2016
and will supervise the orderly transition in the period to March 31, 2017.

Contact:
Heidelberger Druckmaschinen AG

Corporate Public Relations
Thomas Fichtl
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]

Investor Relations
Robin Karpp
Phone: [phone]
Fax: [phone] 67120
E-Mail: [e-mail]


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Information and Explanation of the Issuer to this News:

Reorganization of the Heidelberg Management Board - Rainer Hundsdörfer
appointed new CEO

* Rainer Hundsdörfer will become CEO on November 14
* Dr. Ulrich Hermann is appointed to the Management Board

The Supervisory Board of Heidelberger Druckmaschinen AG (Heidelberg) is
reorganizing the company's Management Board today with the appointment of
Rainer Hundsdörfer (59) as the new CEO and Dr. Ulrich Hermann (49) as a
regular member. International industry expert Mr. Hundsdörfer will replace
Dr. Gerold Linzbach on November 14, who is leaving the company of his own
accord, as already announced.

'We sincerely thank Gerold Linzbach for successfully turning around the
company. Heidelberg is well on track,' says Dr. Siegfried Jaschinski,
Chairman of the Heidelberg Supervisory Board. 'We are delighted to have