KTG Agrar strengthens the Management Board

Growth driven by healthy food and clean energy

Hamburg, 12 October 2011 - Over the past years, KTG Agrar AG (ISIN: DE000A0DN1J4) has turned from a farming company into an integrated supplier of healthy food and clean energy. Employing over 400 people, the company today manages some 35,000 hectares of farmland in Germany and Lithuania and generates renewable energy for over 30,000 households; this year, KTG has also begun to sell frozen food under the Frenzel brand. "We have grown considerably over the past years and added promising activities to our value chain," says Siegfried Hofreiter, CEO of KTG Agrar AG. "We will continue our growth strategy in the coming years, which is why we have strengthened our company's Management Board."

Bert Wigger has been appointed to the Management Board of KTG Agrar. 41-year-old Wigger is responsible for farmland expansion, farmland management, human resources and complementary agricultural activities. He has been active in the agricultural industry since 1991. As a self-employed consultant, he advises agricultural businesses on strategic issues, takeovers and restructurings. He also assists insolvency administrators in liquidations and M&A transactions in an expert capacity. Serving on the Supervisory Board of KTG Agrar since 2007, Bert Wigger has actively helped to grow the company. He knows and understands the business model as well as the processes and structures of KTG Agrar and will therefore need no time to familiarise himself with the company. Says Siegfried Hofreiter: "Bert Wigger stands for outstanding agricultural expertise combined with entrepreneurial thinking. We are therefore very pleased that he will help shape the day-to-day business of KTG going forward."

Bert Wigger's successor on the Supervisory Board is lawyer Dr. Klaus Kamlah, a partner with renowned law firm Esche Schümann Commichau in Hamburg. Dr. Klaus Kamlah specialises in company law and capital market law with the main emphasis on renewable energies. Says Siegfried Koch, Chairman of the Supervisory Board of KTG Agrar AG: "Dr. Klaus Kamlah combines economic expertise with long-standing transaction and project experience in the energy sector, which makes him an ideal addition to our Supervisory Board."

The new management team makes KTG Agrar optimistic about the future. The company's organic and conventional farming activities benefit from high prices. While grain and rapeseed have already been harvested, the company is now harvesting maize and sugar beet under ideal weather conditions. In the biogas segment, further plants will be taken into service in the second half of the year and contribute to the company's continued sales and earnings growth. Following the integration of Frenzel, demand for the latter's products is high, and the organic frozen food range will be expanded in the coming months. The Anklam oil mill is still undergoing modernisation, with a biofilter for exhaust air treatment already installed.