Knud Jørning will retire by the end of July 2007 when he will be 63. As of 1 August, the Board has appointed Gilles Maria as new CFO and member of the “Direktion” in the Rockwool Group. Gilles Maria, who is 49 years old and a French citizen and who has been with the Group since 1984, was appointed Group IT Director as of 1 September 2003. Before that he was CFO of the Rockwool France subsidiary. Further information: Chairman of the Board Tom Kähler or CEO Eelco van Heel