DGAP-News: Bert-Jan Knoef appointed Chairman of the Management Board of STILL

2010-01-28

Bert-Jan Knoef appointed Chairman of the Management Board of STILL

Wiesbaden / Hamburg, 28 January 2010 - Bert-Jan Knoef (49) has been appointed Chairman of the Management Board of STILL with effect from 1 April 2010. Bert-Jan Knoef succeeds Dr. Rolf Karg whose contract runs out on 30 March 2010 when he will retire at the age of sixty. Thomas A. Fischer (50) has been newly appointed to the STILL Management Board from 1 April 2010 having previously headed up STILL's activities in France. He will be taking over responsibility for the Sales, Service and Marketing division from Bert-Jan Knoef.

Gordon Riske, chairman of the STILL GmbH supervisory board and CEO of the KION Group, commented: 'Over recent years, Rolf Karg has shown great personal commitment in shaping the strategy and culture at STILL and in building a crisis-resistant company. We would like to offer him our heartfelt thanks for his achievements. STILL is very well placed to benefit from the return to growth in the industrial trucks and intralogistics market thanks to its state-of-the-art range of products, numerous innovations, and new trucks and software products in the pipeline. Rolf Karg also brought together a highly skilled and experienced management team who will ensure the continued success of the STILL brand after his retirement.'

Bert-Jan Knoef has been a member of the Management Board at STILL GmbH responsible for Sales, Service and Marketing since 2005. He previously held various executive positions in sales & marketing for Linde's refrigeration technology division. From 1985 to 1998 he was employed in a variety of international management roles at the Black & Decker Group.

Thomas A. Fischer has held a variety of senior management positions at STILL since 1995, most recently as Managing Director of STILL S.A.R.L. in France. Prior to this and since 1988 he worked in sales & marketing for Lenze, Mercedes-Benz and Renault Trucks Germany. The Company
STILL GmbH is based in Hamburg, Germany, and is a leading supplier of intelligent solutions for managing companies' intralogistics, which covers all their internal flows of materials and information. It employs about 6,400 people worldwide and generated revenue of approximately EUR1.6 billion in 2008. STILL is a member of the KION Group, whose Linde, STILL and OM and Baoli brands make it the leader in the European market for industrial trucks, the biggest international manufacturer in China and the second-largest in its sector worldwide. The KION Group employed over 20,000 people and generated revenue of around EUR4.6 billion in the 2008 financial year.

For further information please contact
Michael Hauger
Head of Communications and Investor Relations
Tel.: +49 (0)611 770 655
Email: michael.hauger@kiongroup.com

Frank Kopfinger
Head of Investor Relations, KION Group
Tel.: +49 (0)611 770 220
Email: frank.kopfinger@kiongroup.com

Jürgen Wrusch
Press Officer, STILL GmbH
Tel: +49 (0)40 7339 1508
Email: juergen.wrusch@still.de

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Michael Hauger

Senior Vice President Corporate Communications

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Frank Grodzki

Senior Director Corporate External Communications & Group Newsroom

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