12/05/05

5. Robert Friedmann succeeds Dr. Walter Jaeger

Künzelsau/Hohenlohe Region. 38-year-old Robert Friedmann is going to take over Dr. Walter Jaeger’s responsibility as Chairman of the five-member Board of Directors of the Würth Group starting 1st June 2005. Mr. Friedmann was appointed member of the Board of Directors of the Würth Group by the Foundation Supervisory Board and the Advisory Board of the Würth Group as early as on 1st April 2004.

With this future-oriented personnel decision at the top management level of the Group, the Foundation Supervisory Board and the Advisory Board of the Würth Group initiated the change of generations at an early stage.

Robert Friedmann – 13 years of experience within the Würth Group

Mr. Friedmann was born in Lindau (Lake Constance) on July 10, 1966. He is married and has two children. After having passed the State Junior High School in Lindau he made an apprenticeship as industrial clerk from 1983 to 1985. Through evening classes from 1985 to 1986 he earned the entrance qualifitcation to the advanced technical college.

From 1988 to 1991, Mr. Friedmann studied at the Senior Technical College Pforzheim where he got a business degree in the field of business and management economics. Following that, he completed a Master of Business Administration (MBA) course at Indiana University in Bloomington/USA in 1992.

In September 1992, he joined the Würth Group as management assistant to Rolf Bauer, the Deputy Chairman of the Board of Directors. At the beginning, Robert Friedmann worked for the International Auto Division and for the Auto Division in Germany. In 1997, he changed to the tool trading company Hahn + Kolb Werkzeuge GmbH in Stuttgart – a subsidiary of the Würth Group. There he started to work as head of the marketing and distribution department.

In June 2000, he was appointed Managing Director of the company and in the following year Chairman of the Board of Management of HAHN + KOLB Werkzeuge GmbH. Until the moment he changed to AW KG in Künzelsau again he was the head of the four-man Board of Management of the overall company. The HAHN+KOLB Group has 361 employees on its payroll and achieved a sales volume of EUR 112m in the business year 2004.

Dr. Walter Jaeger – 15 yeas of success at Würth

After fifteen years in the Würth Group, of which more than eleven as the Chairman of the Board of Directors, Dr. Walter Jaeger is going to retire on 31st May 2005. Under his leadership, the sales of the Würth Group increased sixfold from EUR 1 billion in 1989 to EUR 6.203 billion today.

Dr. Jaeger joined the Würth company on 1st October 1989 after having accompanied the Würth Group as auditor and tax advisor for almost ten years. When Reinhold Würth withdrew from the operative management Walter Jaeger was appointed Chairman of the then Board of Management on 1st January 1994. Dr. Jaeger celebrated his 60th birthday on 2nd February this year.

“From the bottom of my heart, I wish Robert Friedmann for the pleasing and demanding task all the best and a lot of support, which I have experienced in this position, too", Dr. Walter Jaeger remarked on the occasion of the upcoming changeover at the top managment of the Group.