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Delticom Ag

Delticom: Change in Supervisory Board – Dividend up to EUR 2.00 – great approval by shareholders at General Meeting in Hanover


Delticom AG Investor Relations
Melanie Becker
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49(0)511-8798-9138


Hanover, May 6, 2008 – During Delticom AG’s Ordinary General Meeting (German Securities Code (WKN) 514680, ISIN DE0005146807, stock exchange symbol DEX), the shareholders today elected Mr. Andreas Prüfer and Mr. Michael Thöne-Flöge to the company’s Supervisory Board. In the following meeting of the Supervisory Board, Andreas Prüfer was then elected as Chairman of the Supervisory Board and Mr. Thöne-Flöge was appointed as Deputy Chairman. Mr. Prüfer already resigned from his position as a member of Delticom’s Managing Board at the start of March 2008 with effect from the end of today’s General Meeting. Rainer Binder is thus Delticom’s sole CEO as of today.

Andreas Prüfer is replacing Peter Stappen as Chairman of the Supervisory Board. Mr. Stappen resigned his position as a member and Chairman of the Supervisory Board with effect from the end of today’s General Meeting. Mr. Thöne-Flöge is Bernhard Schmid’s successor, who resigned his position as a member of the Supervisory Board, and was appointed as a member of the Supervisory Board by Hanover Local Court with effect from November 16, 2007. This appointment has now been confirmed by the General Meeting.

77.03% of the share capital was present at the General Meeting of Europe’s leading Internet tyre retailer. The shareholders approved all seven agenda items with a large majority. The shareholders will receive a dividend of € 2.00 per share for fiscal year 2007. This is thus up by € 0.80 per share or 67% year-on-year (€ 1.20).

During the General Meeting, the participants praised, above all, Delticom’s strong market position and the disbursement to shareholders. The successful start to fiscal year 2008 with excellent revenues was also highlighted. “We added a new chapter to Delticom’s eight-year success story last year,” commented CEO Rainer Binder during his speech. “We are the cost leader and have again been able to combine growth with high margins. We enjoy very solid financing and are prepared for future growth.”

Delticom will publish its three-month report next week on May 14, 2008.

Company profile:

Delticom was formed in Hanover in 1999 and has grown to become Europe’s leading Internet tyre retailer. The company offers its private and business customers a wide range of products in its 92 online shops in 32 countries, including car tyres, motorcycle tyres, truck tyres, bus tyres, the respective rims, complete wheels (pre-mounted tyres on rims), selected replacement car parts and accessories, engine oils and batteries. Delticom’s customers receive information on product characteristics and alternatives; they benefit from a comprehensive range of goods with more than 100 tyre brands and more than 25,000 tyre models. The products are supplied, depending on the customer’s instructions, either directly to the customer, to a service partner, i.e., a workshop with which Delticom cooperates and which allows tyres to be delivered directly to their address to be mounted on the customer’s vehicle, or to a different delivery address. In addition, Delticom’s Wholesale division also sells tyres to wholesalers in Germany and abroad.

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