At its meeting on 2 March 2001 the Supervisory Board of ThyssenKrupp AG agreed on personnel changes on the Supervisory Board and Executive Board effective 1 October 2001 and announced in this context that it would decide on further Executive Board changes as soon as possible. At its meeting today, the Chairman of the Supervisory Board, Dr Heinz Kriwet, put forward a proposal on this basis which met with the unanimous approval of the Supervisory Board. Prof. Dr Ekkehard Schulz (59) has been re-appointed as member of the Executive Board and Chairman of the Executive Board of ThyssenKrupp AG until 28 February 2005. From 1 October 2001 he will be sole Chairman of the Executive Board of ThyssenKrupp AG. At this time he will resign as chairman of the executive board of ThyssenKrupp Steel AG. His successor will be Dr Ulrich Middelmann (56). At the same time Middelmann has been appointed Vice Chairman of the Executive Board of ThyssenKrupp AG effective 1 October 2001. By mutual agreement Dr Wolfgang Kohler (57) will resign as vice chairman of the executive board of ThyssenKrupp Steel and chairman of the executive board of ThyssenKrupp Stahl effective 30 September 2001. He will however continue to hold seats on supervisory boards and other bodies of the ThyssenKrupp Group. His successor as vice chairman of the executive board of ThyssenKrupp Steel and chairman of the executive board of ThyssenKrupp Stahl will be Dr Karl-Ulrich Köhler (45).