04.05.2007 – 15:09

Demag Cranes AG

euro adhoc: Management Changes
Rainer Beaujean appointed new CFO of Demag Cranes AG

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.

04.05.2007

Düsseldorf, May 4, 2007. At its meeting today the Supervisory Board 
of Demag Cranes AG appointed Mr. Rainer Beaujean (38) as the new CFO 
of Demag Cranes AG with effect from June 1, 2007. Rainer Beaujean is 
to replace Mr. Dirk Kiessling (42), who is leaving the company of his
own volition on May 31, 2007 to concentrate on other assignments.

Furthermore the Supervisory Board prolonged the contract of CEO 
Harald J. Joos by three more years until March 31, 2011.

end of announcement                               euro adhoc 04.05.2007 14:33:32

Further inquiry note:

Anke Linnartz
Investor Relations
Telefon: +49(0211) 7102 1210
Email: anke.linnartz@demagcranes-ag.com

Branche: Machine Manufacturing
ISIN: DE000DCAG010
WKN: DCAG01
Index: CDAX, SDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
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