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15 April 2008

Management Change at RAIL.ONE

Ralf Sobottka (48) has become the new Chief Financial Officer at RAIL.ONE Group. Before his move to the internationally successful manufacturer of concrete sleepers and railtrack systems, Sobottka was employed at the DyStar Group, where he took over as CFO in 2005. Earlier, he held management positions in finance at the Henkel and Cognis Group.

Tilo Brandis, CEO at RAIL.One said: “We are pleased to have been able to bring Ralf Sobottka on board: a man with extensive experience and competence in all matters of finance and the capital market.”

In this context, Gerhard Binner, until now CFO at RAIL.ONE, is leaving the company at his own request for personal reasons, after having introduced his successor to the position.

Richard Ziegler, Executive Vice President and COO at RAIL.ONE, emphasized: “Over the past eight years, Mr Binner has extremely successfully contributed to the company, which he has supported on its course of international growth. We would like to take this opportunity to express to him our appreciation for his long years of highly faithful service to the company.”

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