EANS-Adhoc: Hoeft & Wessel Supervisory Board appoints member of Board of Management - Publication of the 2011 annual financial statements on 19 July 2012

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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annual report

17.07.2012

Hannover/Germany, 17/07/2012. At its meeting today, the Supervisory
Board of Hoeft & Wessel AG appointed Mr Rudolf Spiller as a member of
the company's Board of Management for one year with immediate effect.
In his capacity as Chief Restructuring Officer (CRO), he will be
implementing the reorientation of the company together with the Chief
Executive Officer (CEO) Michael Hoeft. Spiller (57) is an independent
business consultant and successfully carried out leadership tasks in
the optics industry, most recently at Leica Camera AG.

In order to satisfy the information requirements of the capital
market, the Board of Management of Hoeft & Wessel AG has adopted a
resolution to publish the 2011 annual financial statements still
outstanding on the same day, without an audit certificate from the
auditors, on 19 July 2012. The audit of the annual financial
statements by the auditor commissioned has not been finalised as yet
in the sense that, in the opinion of the auditor, the accounting
performed by the Board of Management at going-concern values calls
for certain measures to be adopted in connection with the further
credit financing of the Company, which are currently still
outstanding. However, the auditor has informed the Company that,
subject to this issue being resolved, he was not aware of any
circumstances that would prevent him from finalising the audit and
issuing an unqualified audit certificate. Once the audit certificate
has been issued, the Supervisory Board will adopt and confirm the
annual financial statements without delay. This will then represent
the basis for convening the Annual General Meeting. Accordingly, the
Annual General Meeting will need to be postponed until further
notice. The audit certificate and the Supervisory Board report will
be subsequently submitted without delay.

Further inquiry note:
Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: IR@hoeft-wessel.com

end of announcement euro adhoc
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issuer: Höft & Wessel AG
Rotenburger Str. 20
D-30659 Hannover
phone: +49-511-6102-0
FAX: +49-511-6102-411
mail: ir@hoeft-wessel.com
WWW: http://www.hoeft-wessel.com
sector: Technology
ISIN: DE0006011000
indexes: Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English