Design Hotels AG

ots Ad hoc-Service: lebensart glob. networks

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------     Augsburg (ots Ad hoc-Service) - The Supervisory Board of lebensart global networks AG agreed upon a change to the companys finance department. In agreement with Daniel E. Adams (29), member of the Management Board responsible for finance, his position as member of the Management Board will be terminated with effect from 28 February 2001. Until this position is replaced, Claus Sendlinger, Chairman of the Management Board, will take over the responsibility for the finance department.

    In December 1998, Mr. Adams was among the founders of lebensart global networks. With the planning and preparation of the companys public flotation, Daniel Adams took over the new role of CFO and was appointed to the Management Board on 18.06.1999.

    Manfred Schönleben, Chairman of the Supervisory Board, especially emphasized Daniel Adams contribution as member of the Management Board responsible for the planning and completion of the IPO in December 1999, and the following capital increase in May 2000.

    Mr. Adams; departure from the Management Board had been planned by the Management and Supervisory Boards since October 2000. He will continue to be available to assist the company with future projects.


    lebensart global networks AG - Department Investor Relations - Claus Sendlinger, CEO Stefanie Nützel, Director Investor Relations Konrad-Adenauer-Allee 35 D - 86150 Augsburg Tel. +49 - 821 - 345 45 50 Fax +49 - 821 - 345 45 59

    WKN: 514100; Index: Listed: Geregelter Markt in München; Freiverkehr in Berlin, Frankfurt, Hamburg

         End -------------------------- Internet:

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