core sector communique

Dr. Heinrich Hiesinger proposed as successor to Dr. Ekkehard Schulz as Chairman of the Executive Board of ThyssenKrupp AG

The Personnel Committee of the Supervisory Board of ThyssenKrupp AG has decided to propose the appointment of Dr. Heinrich Hiesinger, currently member of the Executive Board of Siemens AG in Munich, as successor to Dr. Ekkehard Schulz as Chairman of the Executive Board of ThyssenKrupp AG with effect from the close of the Annual General Meeting of ThyssenKrupp AG on January 21, 2011. Dr. Hiesinger shall join the Executive Board of ThyssenKrupp AG as of October 1, 2010 as Vice Chairman of the Executive Board.

Furthermore the Personnel Committee proposes the appointment of Dr. Jürgen Claassen as member of the Executive Board of ThyssenKrupp AG with effect from the close of the Annual General Meeting of ThyssenKrupp AG on January 21, 2011. Within the Executive Board of ThyssenKrupp AG Dr. Claassen will be responsible for Corporate Development and Compliance. Dr. Claassen is currently Executive Vice President at ThyssenKrupp AG.

ThyssenKrupp is an integrated materials and technology group with almost 188,000 employees in more than 80 countries developing ideas and innovations to offer solutions for sustainable progress. In the 2008/2009 fiscal year they generated sales of more than €40 billion. Eight business areas focus the Group's activities and know-how in the strategic competency areas of Materials and Technologies. In addition to manufacturing materials and plants, the Group also provides complete system solutions and innovative services. We are continuously optimizing our portfolio to sustainably increase the earning power and the value of the Company.