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(From Hugin)
Ad-hoc announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------------ NEUSTADT / Weinstrasse, 04.01.04. Organizational changes taking effect as of April 01. 2004 are expected to reinforce the management team of HORNBACH Baustoff Union GmbH (HBU), a wholly-owned subsidiary of HORNBACH HOLDING AG. These measures are aimed at achieving ongoing improvements in the earnings generated by HBU, thereby enabling the company to do justice to the high level of expectations placed in it.
The first such change involves Eduard Zimmerle, Deputy Chairman of HORNBACH HOLDING AG, taking over with ...