Schaffner Holding AG

Schaffner Group appoints Vice President Global Manufacturing - Further strengthening of key Asian market

Luterbach (ots) - The Board of Directors of Schaffner Holding AG (SWX Swiss Exchange: SAHN) has appointed Mr Ah Bee Goh (*1950) as Vice President Global Manufacturing and member of the Executive Board of the Schaffner Group with effect from July 1, 2007. Based at the Schaffner plant in Thailand, he will be responsible for overseeing the Schaffner Group's global manufacturing. After the Vice President Asia Business Development, Ah Bee Goh is the second member of the eight-strong Schaffner Executive Board to be domiciled in Asia. The new Vice President Global Manufacturing of the Schaffner Group is a citizen of Singapore. He graduated with an Honours Bachelor of Science degree in Production Engineering from University of Strathclyde and also an MSc in Industrial Engineering from National University of Singapore, and holds an MBA from the University of Surrey as well as an MSc in Finance from the University of Leicester. After being employed in management positions in globally active companies, including various hard-disk drive manufacturers, in 1991 he took over at Leica Instruments in Singapore with a workforce of around 600, where he served as Managing Director until his move to the Schaffner Group. Commenting on the appointment, Alexander Hagemann, Chief Executive Officer of the Schaffner Group, said: "With his extensive know-how and in-depth experience at management level, Mr Ah Bee Goh will strengthen the Schaffner Group's global manufacturing and, thanks to his roots in the Asian market, play a key role in expanding our activities in this important region." Calendar May 11, 2007 Publication of 2006/2007 Interim Report July 12, 2007 Publication of third quarter 2006/2007 net sales and order intake November 2, 2007 Publication of fourth quarter 2006/2007 net sales and order intake December 6, 2007 Publication of Annual Report 2006/2007 January 16, 2008 Annual General Meeting of Shareholders Schaffner - safety for electronic systems Schaffner is the international leader in electromagnetic compatibility (EMC) and power quality (PQ), focusing on high-growth sectors such as aerospace, automotive industry, building automation, consumer goods, industrial electronics, medical technology, power supplies, renewable energy, transportation and telecommunications. Schaffner develops, produces, and markets standard and customer-specific components and modules. Schaffner continually strives to secure and expand its leading position through a program of innovation, customer-focused logistics, cost-efficient practices and a constant drive for quality. ots Originaltext: Schaffner Holding AG Internet: Contact: Alexander Hagemann Chief Executive Officer Tel.: +41/32/681'66'06 E-Mail: Martin Zwyssig Chief Financial Officer Tel.: +41/32/681'66'08 E-Mail: Schaffner Holding AG 4542 Luterbach Tel: +41/32/681'66'26 Fax: +41/32/681'66'30 Internet:

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