EANS-News: Österreichische Post AG SUPERVISORY BOARD RESOLVES UPON THE FUTURE MANAGEMENT STRUCTURE OF AUSTRIAN POST (with photo)

WALTER HITZIGER APPOINTED AS DIRECTOR OF THE MAIL / RETAIL DIVISION

WALTER OBLIN NAMED TO SUCCEED RUDOLF JETTMAR AS CHIEF FINANCIAL
OFFICER

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Management Changes

Subtitle: WALTER HITZIGER APPOINTED AS DIRECTOR OF THE MAIL / RETAIL
DIVISION WALTER OBLIN NAMED TO SUCCEED RUDOLF JETTMAR AS CHIEF
FINANCIAL OFFICER

Wien (euro adhoc) - In today´s Supervisory Board meeting of Austrian
Post, Management Board member Walter Hitziger was appointed to the
position of Director of the new Mail / Retail Division. Upon
expiration of his current employment contract as head of the Mail
Division at the end of December 2011, he will continue as a member of
the Management Board with responsibility for the new division of
Austrian Post, which will encompass both the mail and retail segments
of the company´s business in the future.

Walter Oblin has been named Member of the Management Board and Chief
Financial Officer of Austrian Post effective July 1, 2012. Thus he
will succeed Rudolf Jettmar, whose employment contract expires on
June 30, 2012. Mr. Hitziger´s new employment contract will be valid
until the end of 2016, whereas Mr. Oblin´s term of office will last
until June 30, 2015.

"The decision in favour of two internal candidates is a strong signal
on the part of the Supervisory Board emphasizing the importance of
continuing and stability", says Peter Michaelis, Chairman of the
Supervisory Board. "With the two designated Management Board members,
we are ensuring the continuation of the company´s successful business
operations by a highly-motivated and performance-oriented management
team".

"Both future Management Board members and division directors have
already made a considerable contribution to the success of our
company in recent years. They serve to guarantee that Austrian Post
will successfully and determinedly continue pursuing the path it has
chosen and the business strategy it has resolved to implement", says
Georg Pölzl, Chairman of the Management Board of Austrian Post,
commenting on the appointment of the two Management Board members.

Herbert Götz will continue to serve as head of the Branch Network
Division, and until the end of the year will provide his full support
to implementing the merger of the Mail and Branch Network Divisions.
This is designed to ensure the effective integration of the merged
entity into the new corporate structure and the trusting transfer of
responsibilities. "Austrian Post will continue moving ahead with the
structural transformation of the branch network. This is based on two
strategic approaches i.e. the conversion of company-operated post
offices into third-party operated postal partner offices, and the
cooperation with BAWAG P.S.K. In this way we will also succeed in
expanding and safeguarding nationwide coverage with postal services
and the enhanced customer orientation in the branch network", CEO
Georg Pölzl concludes.

Walter Hitziger, 50 Following his studies in industrial engineering
and business administration at the Graz University of Technology,
Walter Hitziger started his career with the beer company Steirerbrau
AG - Steirische Brauindustrie AG (Gösser/Puntigamer), with
responsibility for distribution logistics. He served as division
manager for consulting at Agiplan Planungsgesellschaft and ECONSULT
Betriebsberatungsges.m.b.h. in Vienna in the years 1990-1997. Walter
Hitziger served as a member of the Management Board of bauMax Handels
AG with responsibility for procurement and logistics from 1997 until
his initial appointment as a member of the Management Board of
Austrian Post in May 2004.

Walter Oblin, 41 After concluding his studies in mechanical
engineering and business administration at the Graz University of
Technology and an MBA in the USA, Walter Oblin began his professional
career at McKinsey & Company in 1994. In the year 2000 he was
appointed to be a managing partner and assumed managerial
responsibilities as a member of the Management Board of the Austrian
subsidiary as well for McKinsey´s global transport and logistics
activities. After 14 years of international consulting work focusing
on the postal, logistics and infrastructure sectors, Walter Oblin was
named Commercial Director in 2008 of SortTech AG, a German technology
company specializing in renewable energies. In the fall of 2009, he
assumed the position of Head of Strategy and Group Development at
Austrian Post.

Pictures with Announcement:
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http://resources.euroadhoc.com/us/O9yzKozs
http://resources.euroadhoc.com/us/Y7ecoZIu

end of announcement euro adhoc
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ots Originaltext: Österreichische Post AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Austrian Post
Head of Investor Relations
DI Harald Hagenauer
Tel.: +43 57767-30400
harald.hagenauer@post.at

Austrian Post
Head of Group Communications
Mag. Ina Sabitzer
Tel.: +43 577 67-21763
ina.sabitzer@post.at

Österreichische Industrieholding AG (ÖIAG)
Communications
Mag. Anita Bauer-Hübel
Tel.: +43 (0) 1 711 14 240
E-Mail: kommunikation@oiag.at

Branche: Transport
ISIN: AT0000APOST4
WKN: A0JML5
Index: ATX Prime, ATX
Börsen: Wien / Regulated free trade