Corporate Governance
Declaration of Compliance (2007)

The Board of Management and the Supervisory Board declare that the recommended practices of the Code Commission appointed by the Federal German Government as laid down in the version dated 14.June 2007 have been complied with in the 2007 financial year and will be complied with in the future




with the exception of the following recommendations:
Point 3.8 (D&O insurance for Board of Management and Supervisory Board - no excess)
Point 4.2.3 (Cap on stock options - not envisaged under the current options scheme)
Point 5.4.7 (Reporting of remuneration paid to members of the Supervisory Board, but anonymously)

Sassenberg, Dezember 2007