Ralf Coenen (43), hitherto member of the Board of Management responsible for Engineering, Cooperations and Asian Sales, will become the new Chairman of the Leica Camera AG, Solms, as from January 1, 2005. This decision of the Company's Supervisory Board, made in its meeting on Thursday, follows the proposal brought forward by Hanns-Peter Cohn (56). After six years on duty as Chairman of the Board of Management, Cohn will leave the Company at his own request to return to Vitra AG, Basle. At this manufacturer of high quality office and home furniture, he has already been active from 1984 until 1998 as one of three managing directors, with marketing and sales as his main field. As from January 1, 2005, Cohn will take on the position of Chief Executive Officer (CEO) at the Swiss company.

Dieter Uckele (55) will stay on Leica Camera AG's Board of Management, which in the future will consist of two members.

Leica Camera Press Release

October 2004