Personnel Changes at Celanese

11-Feb-2004

At its meeting on February 9, 2004, the Celanese AG Supervisory Board confirmed, as announced last year, the planned retirement of Claudio Sonder, Chairman of the Board of Management of Celanese AG upon expiration of his contract on October 31, 2004.

As a result of Mr. Sonder's retirement, the Supervisory Board appointed David N. Weidman, Vice-Chairman of the Board of Management of Celanese AG and Chief Operating Officer, to serve as Chairman of the company's Management Board. Mr. Weidman will assume this responsibility effective November 1, 2004.

The Supervisory Board also announced the departure of Perry Premdas, Chief Financial Officer of the Board of Management of Celanese AG, upon expiration of his contract on October 31, 2004. A selection process for the Chief Financial Officer position will be initiated immediately.

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