Changes in the Supervisory Board

Neumarkt/Munich, June 23, 2010 – After nearly 20 years as Chairman of the Supervisory Board, Ernst-Herbert Pfleiderer (67) stepped down from his position at the end of Pfleiderer’s Annual Shareholders’ Meeting today. Executive Board Chairman Hans H. Overdiek thanked him with the words: “Mr. Pfleiderer has been closely connected with this company since his birth. Not only that, but over the years he has demonstrated in an exemplary manner how the founder family is still committed and assuming responsibility after many generations. 40 years at the company, 37 years in leading positions, nearly 20 years as Chairman of the Supervisory Board – this is a track record that is not often seen in the history of German industry.”

The shareholders attending the Meeting elected Hans Theodor Pfleiderer (45) as a new member of the Supervisory Board, as recommended by the Supervisory Board. During the Supervisory Board meeting that was held immediately after the Annual Shareholders’ Meeting, Christopher von Hugo (47) was elected as the new Chairman of the company’s Supervisory Board, as planned. Von Hugo is Managing Director and Partner of One Equity Partners Europe GmbH, an internationally active investment firm that has held an equity interest in Pfleiderer since January 2008 and holds 23.3% of the company’s shares. The Pfleiderer family holds 10.4% of the shares.

Voting results with significant approval

53.14% of the share capital was represented at the 2010 Annual Shareholders’ Meeting. The shareholders of Pfleiderer AG voted as recommended by the management with significant majorities on the items of the agenda. This enables Pfleiderer to create new capital and to issue convertible bonds and/or bonds with warrants. Once again, the authorization to acquire the company’s own shares was also renewed.

Here you´ll find the detailed voting results and all respective material: Annual Shareholders´ Meeting 2010

Contact persons:

PFLEIDERER AG, Neumarkt
Fabian Schiffer
Vice President Corporate Communciation
Tel.: + 49 (0)9181 / 28 - 8491
Fax: + 49 (0)9181 / 28 - 606
E-Mail: fabian.schiffer@pfleiderer.com

Lothar Sindel
Vice President Investor Relations
Tel.: + 49 (0)9181 - 28-8491
Fax: + 49 (0)9181 - 28-606
E-Mail: lothar.sindel@pfleiderer.com

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