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Changes In The Composition Of The Executive Board Of Deutsche Börse: Matthias Ganz And Mathias Hlubek Are Leaving Deutsche Börse

Date 07/03/2007

Changes in the composition of the Executive Board of Deutsche Börse AG were announced today. Matthias Ganz and Mathias Hlubek have resigned from their position as Members of the Executive Board of Deutsche Börse AG effective today. The contracts of employment have been revoked amicably and in mutual agreement. Deutsche Börse made the announcement on Wednesday.

Matthias Ganz has been responsible for Operations since 2003, Mathias Hlubek has been Chief Financial Officer of Deutsche Börse since 2001. Reto Francioni, CEO of Deutsche Börse AG, will assume Mathias Hlubek’s responsibilities at Deutsche Börse AG on an interim basis in addition to his own tasks. The responsibilities of Matthias Ganz will be taken over by the other Members of the Executive Board in their respective business segments.

Kurt Viermetz, Chairman of Deutsche Börse’s supervisory Board, and Reto Francioni expressed thanks to Matthias Ganz and Mathias Hlubek for their service to the company. They made a significant contribution to the company’s success.

Matthias Ganz (43) joined Deutsche Börse in 1993 and has worked in a number of management functions in the settlement and custody area since 1997. He was appointed member of the Executive Board and Chief Operation Officer in 2003. As Managing Director Integration Matthias Ganz has significantly contributed to the integration of Clearstream into Deutsche Börse Group. Since 2003 Mathias Ganz has been Chief Executive Officer of Clearstream Banking AG where he has served on the Executive Board since 2001.

Mathias Hlubek (43) joined Deutsche Börse in 1999 and was appointed Member of the Executive Board in 2001. Hlubek was Chief Financial Officer and was also responsible for the Corporate Center and for the Market Data & Analytics area. With Mathias Hlubek as CFO Deutsche Börse conducted its successful IPO and completed several successful transactions including the full acquisition of Clearstream in 2002. From May to October 2005 Mathias Hlubek coordinated the activities of Deutsche Börse’s Executive Board on behalf of the Supervisory Board.