Change in Management Board at Heidelberger Druckmaschinen AG; Kaliebe Follows Meyer as Chief Financial Officer

Mr. Kaliebe will succeed Dr. Herbert Meyer, who will be leavingthe Company at the end of September 2006, having reached the age of 60and the end of his Management Board contract after 12 years as CFO atHeidelberg. Dr. Meyer will continue to support Heidelberg in aconsultancy role, for example, as a Heidelberg representative on theBoard of Goss International Incorporated. Dr. Meyer will assume a newcross-company managerial role outside the Heidelberg Group next year.

Dirk Kaliebe was born on April 26, 1966 in Berlin. The businessgraduate studied auditing and international taxation at the Universityof Cologne. He qualified as an accountant in 1997 and a certifiedpublic accountant in 1999. From 1992 to 1998 he worked at auditors andconsultants BDO Deutsche Warentreuhand AGWirtschaftsprufungsgesellschaft. Until 1995 his work at the companyfocused on auditing and company valuations, subsequently his mainduties were in M&A and corporate finance. He has been working forHeidelberger Duckmaschinen AG since October 1, 1998 and has beenresponsible for Accounting & Taxes at Heidelberg since September 1,1999. In July 2000, he also took over Investor Relations.

Further information on Heidelberger Druckmaschinen AG can be foundat www.heidelberg.com.