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Directorate Change

16th Aug 2007 13:16

Engel East Europe N.V.16 August 2007 FOR IMMEDIATE RELEASE 16 August 2007 Engel East Europe N.V. Result of EGM & Board Appointment The Board of Engel East Europe N.V. (the "Company") is pleased to announce thatat the EGM of the Company, held today, all resolutions were duly passed. Further to the announcement of 23 July 2007, it was resolved at the EGM thatEitan Padan be appointed to the Board of the Company with effect from 15 August2007 and as Chief Executive Officer ("CEO") with effect from 1 October 2007. Enquiries: Engel East Europe N.V. +972 (9) 970 7020Nir Netzer Dawnay, Day Corporate Finance Limited +44 (0) 20 7509 4570Sandy JamiesonAlex Stanbury Bankside Consultants Limited +44 (0) 20 7367 8888Simon BloomfieldAndy HarrisMarc Cohen This information is provided by RNS The company news service from the London Stock Exchange

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