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Vienna Stock Exchange with Satisfying Results and Changes in the Supervisory Board

Published: June 16, 2011; 16:37 · (FriedlNews)

Heimo Scheuch and Andreas Brandstetter will succeed Wolfgang Reithofer and Konstantin Klien in the Supervisory Board of Wiener Börse AG and its parent company CEESEG AG.

Wiener Börse AG looks back at a successful business year 2010 despite the difficult environment: The operating result (EBIT) for 2010 was € 24.92m and the profit on ordinary business activity was € 29.18m. It is not possible to compare these figures with the preceding year because of the split off of Wiener Börse AG and the restructuring carried out in mid-year 2009.

CEESEG AG, the financial holding company that comprises the stock exchanges of the CEE Stock Exchange Group of Budapest, Ljubljana, Prague and Vienna, announced a profit on ordinary business activities of € 24.08m in 2010 after the close of today’s general shareholders’ meeting. “We are very pleased with this result for 2010 which we have achieved in a difficult market environment. We have established our position in Central and Eastern Europe,” stressed the two management board members of CEESEG, Michael Buhl and Heinrich Schaller.

Today’s general shareholders’ meetings also passed a resolution on the following changes to the Supervisory Boards of both companies: Heimo Scheuch, current CEO of Wienerberger AG, will replace Wolfgang Reithofer, retired CEO of Wienerberger. Andreas Brandstetter, Deputy General Director of UNIQA Versicherungen AG will succeed Konstantin Klien, General Director of UNIQA Versicherungen AG.