Heidelberger Druckmaschinen AG Annual General Meeting

• AGM elects shareholder representatives to the Supervisory Board
• Sturany elected new Chairman of the Supervisory Board
• All items on the agenda approved

Heidelberger Druckmaschinen AG (Heidelberg) held its Annual General Meeting for the past fiscal year 2002/2003 in the Stadthalle Heidelberg today. 84 percent of Heidelberg's share capital was represented at the event.

Heidelberg shareholders at the Annual General Meeting were invited to vote on eight items on the agenda. These included a resolution regarding the appointment of members of the Supervisory Board and changes to the Articles of Incorporation.

For the resolution regarding the appointment of members of the Supervisory Board, over 99 percent of the voters were in agreement. At the constituent meeting of the new Supervisory Board that took place after the AGM, the Finance Director of RWE AG, Dr. Klaus Sturany, 56, was elected as the new Chairman of the Heidelberg Supervisory Board.

The Articles of Incorporation state that the Supervisory Board is to consist of sixteen members. The members are to be elected by the AGM as set out in the Aktiengesetz (German Stock Corporation Act) regulations. In accordance with this, voting took place for the eight members appointed by the shareholders to the Supervisory Board for the next five-year period of office. The eight employees' representatives were elected in a separate procedure prior to the AGM. The term of office begins when the AGM ends on September 12. The full list of names is set out in item 6 of the Agenda for the Annual General Meeting.

All the other items on the agenda were passed with over 99 percent the votes.

Around 1,150 Heidelberger Druckmaschinen AG shareholders were present at the AGM.

For further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Tel.: +49 (0)6221 92 47 47
Fax: +49 (0)6221 92 50 69
E-mail: thomas.fichtl@heidelberg.com

Supervisory Board members elected by the shareholders:

The following were elected to the Heidelberg Supervisory Board for the first time by the shareholders:

• Martin Blessing, Board Member of Commerzbank AG,
• Robert J. Koehler, Chairman of the Executive Committee of SGL Carbon AG,
• Uwe Lüders, Chairman of the Executive Board of Buderus AG and
• Jan Zilius, Member of the Executive Board of RWE AG.

The shareholders re-elected the following to the Heidelberg Supervisory Board:

• Prof. Dr. Clemens Börsig, Member of the Management Board of Deutsche Bank AG,
•  Dr. Jürgen Heraeus,
• Dr. Gerhard Rupprecht, Member of the Board of Management of Allianz AG and
• Dr. Klaus Sturany, Member of the Executive Board of RWE AG.