Tipp24 AG: two new members of the Executive Board

Mar 27, 2008 4:57 PM

Tipp24 AG / Change of Personnel

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
----------------------------------------------------------------------

Founder Jens Schumann appointed Chairman of Executive Board 

(Hamburg, 27 March 2008) Effective 1 April 2008, the Supervisory Board of
Tipp24 AG has decided to expand the Executive Board with the addition of
two new seats. The expansion reflects the growth and strategic alignment of
the Group. There will also be a reallocation of responsibilities.

Marcus Geiss (37), General Manager of Tipp24’s Italian subsidiary
Puntogioco24 since 2003 and Head of Corporate Development since mid 2007,
will be the Executive Board member with responsibility for Corporate
Development and more recent foreign business. Geiss will focus increasingly
on Tipp24’s future markets.

Petra von Strombeck (38) was hired by the Group in November 2007 as Head of
Marketing. In future, she will be the Executive Board member with
responsibility for Marketing, which is also to be expanded internationally.

The founder and Executive Board member Jens Schumann (34) will assume the
newly created position of Chairman of the Executive Board as of 31 March
2008. Schumann will also be responsible for the areas of Strategy, Lobbying
and Public Relations.

Dr. Hans Cornehl (40), who has been with Tipp24 since 2002 and mainly
responsible for finance, has been appointed Deputy Chairman of the
Executive Board. Dr. Cornehl will also be responsible for the HR and
Technology divisions and for the Spanish market.

About Tipp24 AG: Tipp24 was established in 1999 and is now the market
leader for lottery products in the Internet on the basis of billings. The
company has succeeded in achieving impressive growth rates right from the
start. Almost all state lottery products are supplied. It only takes a few
mouse clicks to buy a lottery ticket – round the clock, quickly and
reliably. The ticket receipt is kept safely, winners are notified about
their prizes automatically by text message and e-mail and prizes are
credited automatically. Subsidiaries of Tipp24 (www.tipp24.de) are
Ventura24 in Spain (www.ventura24.es), Puntogioco24 (www.puntogioco24.it)
in Italy and MyLotto24 (www.mylotto24.co.uk) in the UK. Shares in Tipp24 AG
have been traded at the Frankfurt Stock Exchange since 2005.


Tipp24 AG       
Andrea Fratini       
Head of Media and Public Relations   
Tel.: +49 40 32 55 33-660 
Fax: +49 40 32 55 33-5600  
E-mail: presse@tipp24.de     
Internet: www.tipp24.de/presse/  



27.03.2008  Financial News transmitted by DGAP
----------------------------------------------------------------------
 
Language:     English
Issuer:       Tipp24 AG
              Straßenbahnring 11-13
              20251 Hamburg
              Deutschland
Phone:        +49 (0)40 325533-0
Fax:          +49 (0)40 325533-77
E-mail:       office@tipp24.de
Internet:     www.tipp24-ag.de
ISIN:         DE0007847147
WKN:          784714
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------