Ad-hoc Disclosure - Wacker Chemie AG


Ad-hoc Disclosure

Ad-hoc disclosure of March 13, 2008

Munich, Mar 13, 2008

Ad hoc disclosure according to Sec. 15 WpHG (German Securities Trading Act) of March 13, 2008

Wacker Chemie AG / Changes to the Management Board

WACKER’s Executive Board is Complete

Dr. Wilhelm Sittenthaler is to join the Executive Board of Wacker Chemie AG. A resolution to this effect was passed by the Supervisory Board at its meeting today. Wilhelm Sittenthaler will become a member of WACKER’s Executive Board on May 8, 2008. His contract lasts until 2013. Today’s appointment means that the Executive Board will continue to have four members. At the same meeting, the Supervisory Board extended Auguste Willems’ contract for another five years until 2013.

The new appointment is related to the fact that Dr. Peter-Alexander Wacker, the current President & CEO, is leaving the Executive Board. At the Annual Shareholder Meeting on May 8, 2008, he will step down and stand as a candidate for the Supervisory Board that same day. His successor as President & CEO will be Dr. Rudolf Staudigl, who has been a member of the company’s Executive Board since 1995. Wacker Chemie AG announced this change at its helm in December 2007.

Wilhelm Sittenthaler has held various managerial positions at WACKER over the last 28 years. Since May 1, 2003, he has been President & CEO of Siltronic AG, a fully-owned subsidiary of Wacker Chemie AG. In his new position on WACKER’s Executive Board, he will remain President & CEO of Siltronic.

Contact

Wacker Chemie AG
Hanns-Seidel-Platz 4
D-81737 München

Jörg Hoffmann
Tel. +49 89 6279-1633
Email

Additional Information

ISIN: DE000WCH8881
WKN: WCH888
Deutsche Boerse: WCH
Ticker Bloomberg CHM/WCK.GR
Ticker Reuters CHE/WCHG.DE
Listing: Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), Official Market (Prime Standard)

Disclaimer:

This ad hoc-release contains forward looking statements based on assumptions and estimates of WACKER's Executive Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business environment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services, and changes in corporate strategy. WACKER does not plan to update the forward looking statements, nor does it assume an obligation to do so.