Changes in the Supervisory Board

(December 11, 2003)

Hamburg, 11 December 2003. Hawesko Holding AG (HAWG.DE, HAW GR, DE0006042708) announced today that Dr. Hubertus Schwarz, until now Chairman of the Supervisory Board, and Dr. Thomas R. Fischer will retire from the Supervisory Board on 31 December 2003. Mr. Manfred Middendorff, previously the Board's deputy chairman, was elected in today's meeting as its new chairman.

The Supervisory Board expressed its thanks to Dr. Schwarz and to Dr. Fischer for their valuable service in the Board.

Hawesko Holding AG is a leading seller of premium wines and champagnes. Through its three distribution channels - mail order/e-commerce (particularly Hanseatisches Wein- und Sekt-Kontor), specialist wine retail (Jacques' Wein-Depot) and wholesale (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) - the Group achieved sales of € 267 million in fiscal year 2002 and employed 550 staff members.

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Publisher:
Hawesko Holding AG
Postfach 20 15 52
20205 Hamburg

Internet:
http://www.hawesko.com (Company information)
http://www.hawesko.de (Online shop)
http://www.jacques-wein-depot.de (Locations and information about Jacques' Wein-Depot)


Press/Media:
Vera Maria Bau,VMB Consulting
Tel. +49 (0)2244 91 27 36
Fax +49 (0)2244 91 27 38
e-mail: vmb@nsag.de


Investor Relations:
Thomas Hutchinson, Hawesko Holding AG
Tel. +49 (0)40 30 39 21 00
Fax +49 (0)40 30 39 21 05
e-mail: ir@hawesko.com