H&R AG's Chief Executive Officer Resigns

H&R AG announced that its Chief Executive Officer, Gert Wendroth, informed the Company's Supervisory Board on September 1, 2011 that he would not be extending his contract beyond June 30, 2012 for personal reasons. In order to provide clarity on the issue of his succession for all H&R AG's employees, business partners and the capital markets, Mr. Wendroth will be resigning as Chief Executive Officer with effect from December 31, 2011.