Hamburg, 14 July 2006. Paul Smyth (41), who has been Managing Director of the mail-order subsidiary Hanseatisches Wein- und Sekt-Kontor HAWESKO GmbH since 2001 and responsible for the mail-order segment of the Hawesko Group, has left the company from today for personal reasons.

 

Alexander Margaritoff, CEO of Hawesko Holding AG, has thanked Mr Smyth for his work and wished him all the best for the future: "Paul Smyth has accomplished, during his four-year tenure, important consolidation work in a difficult market environment - for wine as well as mail-order in particular - and has set the course for the mail-order segment."

 

The mail-order segment will be managed by CEO Margaritoff for the time being.

 

Hawesko Holding AG is the leading supplier of premium wines and champagnes in Germany. Its sales channels include specialist wine retail (Jacques' Wein-Depot), wholesale (Wein Wolf und CWD Champagner und Wein Distributionsgesellschaft) and mail order (particularly Hanseatisches Wein- und Sekt-Kontor). The Group employed an average of 566 staff members during the past fiscal year. The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the German Entrepreneurial Index of the Frankfurt Stock Exchange.

 

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Published by:
Hawesko Holding AG,
Postfach 20 15 52,

20205 Hamburg, Germany

 

Web site:
http://www.hawesko.com
(Company information)
http://www.hawesko.de   
(Online shop)
http://www.jacques.de 
(Information about Jacques' Wein-Depot)

 

Press/Media:     
Vera Maria Bau,VMB Consulting   
Phone:  +49 (0)228 4496 240    
Fax      +49 (0)228 4496 298    
E-mail:  vmb.pr@t-online.de    

 

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