Change in the Management Board of AGO AG Energie + Anlagen

• Resignation of Mr. Helmut Peetz for health reasons from his position on the Management Board
• Mr. Günther Hein appointed as new member of the Management Board for the divisions technology and sales

Kulmbach, 12 September 2011: AGO AG Energie + Anlagen (WKN: A0LR41, ISIN: DE000A0LR415) announces changes in the Management Board.

Management Board member, Mr. Helmut Peetz resigned for health reasons from his position on 31 August 2011. He will continue his work with the company as an advisor.

Since 1979, Mr. Peetz was holding various positions in the company, and since the company’s change of corporate form into a German stock company, he was a member of the Management Board responsible for the technical division of AGO AG Energie + Anlagen. The Supervisory Board expresses its thanks to Mr. Peetz for his great commitment and his dedication for the company.

The Supervisory Board appointed Mr. Günther Hein as new member of the Management Board of AGO AG Energie + Anlagen. Mr. Hein (born in 1965) is heading the divisions technology and sales. He qualified as technician for refrigeration & airconditioning and studied mechanical engineering in Cape Town/South Africa. Since 1984, Mr. Hein is active in the area of climate technology and refrigeration and gained international experience in several management positions within the energy sector.

About AGO AG Energie + Anlagen

AGO AG Energie + Anlagen, with its registered office in Kulmbach, was founded in 1980 and is specialized in the area of innovative and efficient energy supply facilities for industrial customers and municipalities. Main focus of AGO AG Energie + Anlagen is laid on the following business divisions: plant development and implementation, as well as service and consulting. The core competence of the company mainly commits to thermal power stations, to heating, cooling and ventilation technology plant construction, biomass cogeneration plants and trigeneration. Site studies and development, consulting in energy efficiency, resource and fossil fuel management as well as emission trade management – these factors complete the business model. AGO symbolizes efficiency, security and technological competence of your energy supply facilities.