RHI announces imminent change in Management Board (ad hoc)

27. October 2008

RHI AG announces that its CEO Dr. Andreas Meier will terminate his contract as a Management Board member prematurely and will leave the company at his own request.

Dr. Meier will remain with the company as CEO until his function is taken over by a successor, however, at the longest until 31 March 2009.

Bearing overall responsibility for the worldwide refractories activities, Dr. Meier decisively characterised the successful path of the RHI Group as technology and world market leader.

Dr. Meier will take over the function of the Chief Executive Officer at the Belgian Lhoist Group, the world market leader in the lime and dolomite segment.

The decision regarding the nomination of a new Chairman of the Management Board of RHI AG will be made by the Supervisory Board in the near future.