Deutsche Börse Group Strengthens Management Team

Deutsche Börse Group is strengthening its management team and is adding four Managing Directors. Holger Wohlenberg (38) will be appointed Managing Director Information Services as of July 15, 2004, taking over from Christoph Lammersdorf. Holger Wohlenberg holds a doctorate degree in business studies and joins the Group from Deutsche Bank, where he was Managing Director in the Global Corporate Finance division. CFO Mathias Hlubek will assume Executive Committee responsibility for the Information Services area.

Christoph Lammersdorf (54) will take on new responsibilities, either within or outside of Deutsche Börse, no later than January 1, 2005. He has been in charge of Information Services since 1999.

Peter Reitz (38) will be appointed Managing Director Derivatives Market Business Development as of July 1, 2004. He will remain an Executive Board member of the Eurex companies and a member of the Eurex Management Board. Also effective July 1, Rainer Riess (38) will be appointed Managing Director Stock Market Business Development. He will remain on the Board of Management of the FWB Frankfurt Stock Exchange. Both Peter Reitz and Rainer Riess will continue to report to Rudolf Ferscha, who is responsible for Trading and Clearing Services in the Executive Committee.

Ulrich Becker (39) has been appointed Managing Director of the new Corporate Development business area, which comprises strategic planning, process management, and e-business. Becker, who headed the Strategic Planning Section up until now will continue reporting to Mathias Hlubek in his new capacity.