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JoWooD Entertainment AG

EANS-Adhoc: JoWooD Entertainment AG
CEO Albert Seidl resigns his mandate as Chairman of the Management Board

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
C.E.O. Interviews
30.04.2010
Dr. Albert Seidl, Chairman of the Management Board and CEO of JoWooD 
Entertainment AG, Vienna has, for personal reasons and with the 
consent and understanding of the Supervisory Board, formally resigned
his Management Board mandate. The details regarding the termination 
of his employment contract will be settled in the next few days. 
Albert Seidl will be available to the Company as a consultant in the 
future.
The Supervisory Board will entrust Franz Rossler, the former Chief 
Financial Officer of AT&S AG, with the interim management of the 
Company and has immediately begun the search for a successor. Rossler
will assume this position on 17 May.
Michael Sares thanked Albert Seidl for his "outstanding performance 
in restructuring the Company and achieving the turnaround and 
strategic reorientation of JoWooD. The Company is now well-positioned
and there is nothing that could prevent systematic organic growth 
from going forward". The new CEO is to take up his position by the 
end of the year.
end of announcement                               euro adhoc

Further inquiry note:

JoWooD Entertainment AG
Dr. Albert Seidl, Vorstand
Mag. Philipp Brock, Investor Relations
Tel.: +43 (0)1 37909-0
mailto:investor@jowood.com
http://corporate.jowood.com

Branche: Software
ISIN: AT0000747357
WKN: 935221
Index: WBI, ATX Prime, ViDX
Börsen: Berlin / free trade
Frankfurt / free trade
Stuttgart / free trade
München / free trade
Wien / official market

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