Odeon Film AG

ots Ad hoc-Service: Odeon Film AG Odeon Film: Dr. Pres, Speaker and CFO, leaving at own request

Ad hoc-announcement. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Geiselgasteig (ots Ad hoc-Service) - Following the successful restructuring in fiscal year 2000 of Odeon Film AG, Geiselgasteig, and the exit of the TV and feature film production company from the Internet business, Speaker of the Executive Board and CFO Dr. Andreas Pres submitted a request to the Supervisory Board that he be permitted to resign his position at the company. As announced today by Odeon Film AG, his request has been accepted, effective April 30, 2001. The Supervisory Board regrets the resignation of Dr. Pres, whose consistent emphasis on profitability for Odeon Film created a platform for achieving break-even this year and provided a sound basis from which to start focusing the company on its core competencies of TV and feature film production. Already the financial statements for 2000 show Odeon Film AG on a positive path with results well above expectations, on a total operating performance of 51.8 million euros (DM 101.3 million). The Supervisory Board will decide on a successor in the next few weeks. PR Contact: Frederik Rehms Agentur Rehms, Martin & friends GmbH Orleansstr. 21 81667 Munich, Germany Phone: 089 / 480883-0 Fax: 089/ 480883-23 Email: frehms@t-online.de End ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: Odeon Film AG, übermittelt durch news aktuell

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