OnVista AG / Change of Personnel 13.05.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- 13 May 2008 The Supervisory Board of OnVista AG (DE0005461602) today decided to appoint Klaus-Jürgen Baum (46) to the Executive Board of OnVista as of June 1, 2008. Alongside Michael W. Schwetje (40) up to now sole Executive Director of the company, Mr. Baum, as CEO, is to particularly press ahead with the companys focus on the operation and marketing of the OnVista finance portal as well as the financial community Tradingbird. Klaus-Jürgen Baum has extensive experience in retail banking and asset management, among others, from heading up operations at Fidelity International in Germany and Austria for more than five years. He is a co-founder of WhoFinance GmbH, the first open search and valuation engine for financial advisors. Michael W. Schwetje already notified the Supervisory Board in February this year that he is not available for an extension of his contract. The contract runs until 30 September 2008. Mr. Schwetje founded the company in 1998, together with Stephan Schubert and Fritz Oidtmann. After initially holding the position of Finance Director, he also took on the newly created Media department in 2002 and assumed responsibility for the companys internet activities. Since 2006, he has been responsible for all corporate divisions as sole Executive Director. In September 2007, Mr. Schwetje sold his investment of well over 25% in OnVista AG to the French online bank Boursorama SA. Today, Boursorama holds more than 82% of the capital stock. Detailed press release: www.onvista-group.de, section Press (http://www.onvista-group.de/de/presse/presseinformationen/aktuelle-presse mitteilungen/aktuelle-presseinformationen.html) Contacts: Silja Moderer / Mareike Berkling, tel. +49 (0)2203/9146-305/-203, email ir@onvista-group.de DGAP 13.05.2008 --------------------------------------------------------------------------- Language: English Issuer: OnVista AG Sophienstr. 3 51149 Köln Deutschland Phone: +49 (0)2203 9146-0 Fax: +49 (0)2203 180 640 E-mail: ir@onvista-group.de Internet: www.onvista-group.de ISIN: DE0005461602 WKN: 546160 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: Personal details / Klaus-Jürgen Baum becomes new CEO at OnVista AG
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