METRO AG / Restructure of Company/Final Results 16.03.2010 17:03 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Düsseldorf, 16 March 2010 - At today's METRO AG Supervisory Board meeting, management informed of the new corporate structure for the Group. The Supervisory Board resolved a reassignment of Management Board areas of responsibility according to the structure. One major aspect of the new Group structure is the split of Metro Cash & Carry into two business units - Europe/MENA, managed by Joël Saveuse, and Asia/New Markets, managed by Frans Muller. The new structure reflects the great importance Metro Cash & Carry has within the Group, and takes into account the considerably different regional market requirements. Furthermore, the organisational basis strengthens the successful implementation of the Shape programme, as well as the acceleration of the international expansion in the medium term. In the course of the new Group structure implementation, administrative functions at METRO AG and at Metro Cash & Carry are to be, to a large extent, integrated, and thus realise cost savings. METRO AG's CEO, Dr Eckhard Cordes, will present tomorrow, Wednesday 17 March 2010, the new Group structure at a press conference and an analysts' meeting. At the same time the 2009 financial statements will be presented and consequently, the originally planned communication events for journalists and analysts will not be held on Tuesday, 23 March 2010. Accordingly, the 2009 Annual Report will be published at 8.00 a.m. tomorrow, Wednesday, 17 March 2010. METRO Group generated EUR2.024 billion EBIT before special items in the financial year 2009. 16.03.2010 17:03 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: METRO AG Schlüterstr. 1 40235 Düsseldorf Deutschland Phone: +49 (0)211 6886-1936 Fax: +49 (0)211 6886-3759 E-mail: investorrelations@metro.de Internet: www.metrogroup.de ISIN: DE0007257503, DE0007257537, Weitere: www.metro.de/investor relations WKN: 725750, 725753, Weitere: www.metro.de/investor relations Indices: DAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf; Freiverkehr in Berlin, München, Hannover, Stuttgart, Hamburg; Terminbörse EUREX End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: METRO AG: New Group structure - Pushing the Shape programme
| Source: EQS Group AG