New management team

Since the beginning of December 2005, Wolfgang Graf has been the new chief buyer for the DIY division of Hagebau Austria. Prior to his appointment he occupied a similar position at Baumax. One of his first tasks will be to launch Renovo, the group's private label brand of paint. Also new to the management team are Wolfgang Tratter, head of marketing (since November 2005) and Franz Fischer, commercial manager (since June 2005). Hannes Kauer has been a member of the management squad since 2003 and is responsible for buying in the building materials division.