DGAP-News: HCI Capital AG: Changes to HCI Capital AG’s Management Board - Wolfgang Essing is to leave the company, on good terms: a successor will be appointed shortly.

| Source: EQS Group AG EQS Group AG 

HCI Capital AG / Change of Personnel/Change of Personnel

23.04.2008 

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

Hamburg, 23 April 2008 – A change of personnel is pending in the Management
Board of HCI Capital AG, Hamburg. The Chairman of the Management Board,
Wolfgang Essing, and the Supervisory Board of HCI Capital have cordially
agreed to end the duties and terminate the contract of the Chairman of the
Management Board, with effect from 30 June 2008. The Supervisory Board
expressed its thanks, and acknowledged Mr Essing’s strength of commitment
to the company. The Supervisory Board of HCI Capital AG will concern itself
immediately with the appointment of a successor.

Wolfgang Essing (43) was appointed to the Management Board of HCI Capital
Group in early 2007, and was nominated Chairman of the Management Board of
HCI Capital AG in October of that year. He was charged with developing HCI
Capital as an independent entity in a growing and increasingly competitive
environment. The subsequent change in the shareholder structure and
increase in MPC Capital’s stake in HCI Capital have altered the parameters
that he considered decisive. He is renouncing his duties with the company
by amicable consent, and will retire from office on 30 June 2008.

The Supervisory Board, on behalf of all Group employees, would like to
thank Mr Essing for his exceptional commitment. The end of this cooperation
was met with regret. 'Under Wolfgang Essing’s guidance, HCI Capital AG set
a new course in its successful progress and the expansion of its position
to become one of the leading providers of high-quality investment products,
whilst further developing the company’s business at the same time. The
Supervisory Board of HCI Capital AG would like to thank Mr Essing for the
constructive, successful and trusting cooperation experienced under his
tenure' stated Udo Bandow, Chairman of the Supervisory Board of HCI Capital
AG. 'We are aware of the responsibility to our staff, partners, customers
and shareholders to find a suitable professional authority to fill the
position of Chairman of the Management Board in as short a time as
possible.' Mr Bandow added that a successor will be appointed soon.

About HCI:

Established in 1985, the HCI Group creates closed-end funds and structured
investments in shipping, real estate, private equity fund of funds, and in
the secondary life insurance market, as well as asset creation plans. Since
1985, 107,000 clients have invested EUR 5.34 billion in 471 issues, with an
investment volume totalling more than EUR 13.53 billion (figures as at 31
Mar 2008), making HCI one of the leading financial services system houses
in Germany. HCI Capital AG has been listed on the stock exchange since
October 2005. The HCI share has been included in the SDAX index of the
Frankfurt Stock Exchange since 19 December 2005, and in the Hamburg
Regional Index (HASPAX) since 1 September 2006.





Press contact:    
Ingo Pfeil       
HCI Capital AG      
Head of Public Relations    
Phone: +49 40 88881-236     
ingo.pfeil@hci-capital.de  

Investor Relations contact:
Dr Olaf Streuer
HCI Capital AG
Head of Investor Relations
Phone: +49 40 88881-125
olaf.streuer@hci-capital.de






DGAP 23.04.2008 
---------------------------------------------------------------------------
Language:     English
Issuer:       HCI Capital AG
              Bleichenbrücke 10
              20354 Hamburg
              Deutschland
Phone:        +49 (0)40 88881-0
Fax:          +49 (0)40 88881-109
E-mail:       ir@hci-capital.de
Internet:     www.hci-capital.de
ISIN:         DE000A0D9Y97
WKN:          A0D9Y9
Indices:      SDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard), Hamburg;
              Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News                                     DGAP News-Service
---------------------------------------------------------------------------