Klaus Lesker appointed new Member of the Executive Board of MAN Ferrostaal

20.03.2006 -

Dr. Klaus Lesker (46) has been appointed by the Supervisory Board of MAN Ferrostaal AG as a member of the Executive Board of the company effective 1 May 2006. Lesker will take over as head of the Services Division and in this area build up the MAN service platform which will help MAN Ferrostaal to support and coordinate international business in the sales offices of the other MAN affiliate companies - especially in those countries in which the other MAN companies are not represented with their own overseas organisation.

MAN Ferrostaal has subsidiaries in 60 countries and is opening the doors to other MAN affiliate companies in many countries by utilising the international connections it has had for many years in order to establish new business for affiliates - primarily Latin America, Asia, Africa and the near and middle east. In addition, the company is integrating the products of other MAN affiliate companies into its projects. Lesker will systematise and build up these activities in the future.

This involves the field of business development in which Lesker will guide project development both strategically and operationally. Furthermore, Lesker will head up the machine and ship business as well as the company's offset activities. By doing so, emphasis will be placed on the sale of transport systems, industry and printing machines.

Dr. Matthias Mitscherlich, Chairman of the Management Board of MAN Ferrostaal, called the appointment of Lesker a strategic step: “With Klaus Lesker, we have gained an internationally experienced manager who is used to implementing a broad spectrum of sales activities. His 16 years of experience in all regions of the world fit perfectly with the international positioning of our company. He will expand our core business worldwide, particularly in the field of machines and transport. In addition to reducing marginal activities, this strengthening of our core areas is the most important component of our corporate strategy.”

After studying process engineering and completing his doctorate, Lesker began his career with plant builder Uhde in Dortmund, Germany, where he established a worldwide sales organisation through his numerous managing positions, including director of the energy and environment division, contracting manager, most recently as sales division manager. While working for another plant builder, Lurgi, as chairman of the management board, he founded the strategic Life Science business division and restructured the German and overseas offices. In his last function as chairman of the management board at Pharmaplan GmbH, a subsidiary of Fresenius AG, he carried out mergers and restructurings. With his switch to MAN Ferrostaal, he will return to his original field of machine and plant construction.

About MAN Ferrostaal AG:

MAN Ferrostaal is a worldwide supplier of industrial services for the construction of large-scale industrial plants and machine supply. As a general contractor for plant construction, the company offers project development, project management and financing solutions for turnkey plants in the areas of solar thermal power plants as well as biofuels, petrochemical and industrial plants. In ccoperation with manufacturers of machines and production lines, MAN Ferrostaal offers sales and services in the areas of automotive industries, print and packaging, piping, ships and transport solutions. With 4,200 employees MAN Ferrostaal is represented in more than 60 countries. The company achieved a turnover of EUR 1.4 billion in 2007.

MAN Ferrostaal is a subsidiary of MAN Aktiengesellschaft, Munich. The MAN Group is one of Europe’s leading manufacturers of engineering equipment and vehicles, generating annual sales of around EUR 16 billion. MAN supplies products, systems and services to the capital goods industry and employs approx. 55,000 people worldwide. The core areas operated by the MAN Group, Commercial Vehicles, Industrial Services, Diesel Engines and Turbomachines, all hold leading positions in their markets. MAN is a member of the DAX German Share Index, Germany’s top 30 public limited companies.