Fortune Management Inc.

euro adhoc: Fortune Management Inc.
Change in the Board of Directors of Fortune Management Inc.

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 29.10.2007 Ad-hoc-Message according to §15 WpHG Change in the Board of Directors of Fortune Management Inc. Zug/Switzerland, October 29, 2007 - FORTUNE Management Inc. (General Standard, ISIN USU026281027, USU026281365, USU026281779; SIN: A0BLYY, A0ETG9, A0JC62) informs that Mr. Michael Kloter has resigned from its board of directors. Due to other absorbing professional obligations he saw himself unable to further allocate the necessary time to continue on the board of Fortune. Fortune has already engaged in a recruitment process for additional independent directors and will report those nominations as soon as the evaluation is completed. (End of ad hoc release) Paul Bagley, Chairman of Fortune, comments: "We regret Mike Kloter's decision to resign as he provided a valuable combination of legal expertise and business acumen to our entire board. Recently, he made major contributions to our corporate governance project and the implementation of systematic documentation of the governance procedures in all divisions. However, we understand the extraordinary demands on his time occasioned by other mandates. We are currently interviewing a number of potential candidates to fill the vacancy in due course." Profile of FORTUNE Management Inc.: FORTUNE Management Inc., Zug/Switzerland, is a publicly listed private equity firm. Its two business divisions are Private Equity Management and Principal Investments. Private Equity Management achieves consistent revenues from the management of specialized funds, whereas Principal Investments comprises direct investments (e.g. in bio-diesel manufacturer GATE or in the Swiss asset managers FORTUNE Wealth Management Group AG) with a view to capital gains. FORTUNE Management Inc. has subsidiaries in Zug, Zurich, Geneva, Luxemburg, Rotterdam, Würzburg, Vienna and the Bahamas, as well as a branch in Dubai. The company's shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the DIFX in Dubai. Contact: FORTUNE Management Inc. Hubertus Väth Phone +49 69 9441 8081 Bahnhofstrasse 10 P.O. Box 324 CH-6301 Zug end of announcement euro adhoc 29.10.2007 18:05:39 -------------------------------------------------------------------------------- ots Originaltext: Fortune Management Inc. Im Internet recherchierbar: Further inquiry note: Michael Staab New Mark Finanzkommunikation Tel.: +49(0)69 94418097 E-Mail: Branche: Financial & Business Services ISIN: USU026281027 WKN: A0BLYY Börsen: Börse Berlin / free trade Börse Stuttgart / free trade Börse Düsseldorf / free trade Börse Frankfurt / regulated dealing/general standard

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