14.10.2005 – 11:29

PANDATEL AG i.A.

euro adhoc: PANDATEL AG
Board of Directors (Appointments and Changes)
Thomas Becker now sole member of the Management Board - Dr. Elke Jahn and Dr. Niraj Agrawal leave the Management Board

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

14.10.2005

Hamburg, October 14, 2005, Pandatel AG, (ISIN DE0006916307 - Prime
Standard). Thomas Becker, so far Chief Financial Officer, is now sole
responsible member of the Management Board for the operative
management of Pandatel AG until further notice. Dr. Elke Jahn, so far
COO of Pandatel AG, and Dr. Niraj Agrawal, so far CTO of Pandatel AG,
leave the Management Board effective October 14, 2005. They both
became members of Pandatel AG’s Management Board in July 2004.

In the coming weeks, the Supervisory Board and the Management Board
will thoroughly define the position for Pandatel AG and conduct a
detailed survey on the strategic perspectives of the company. The
environment for the supplier of fiber optic and network technology
still looks difficult. In the first half of 2005, Pandatel AG (as
reported earlier) suffered declining sales decreasing from EUR 7.4m
(H1 2004) to EUR 5.9m (H1 2005). EBIT went down by 29 percent to
minus EUR 7.2m.

end of announcement                               euro adhoc 14.10.2005 10:52:20

Further inquiry note:

Christina Kunze
Tel.: +49 (0)40 644 14 187
E-Mail: cku@pandatel.com

Branche: Telecommunications Equipment
ISIN: DE0006916307
WKN: 691630
Index: Prime Standard, Prime All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade