On June 30, 2012 Klaus Hackbarth steps down as Deputy Chairman of the Management Board of COR&FJA AG to join the Management Board of Plenum AG, in which COR&FJA has participating interests. By appointing him as spokesperson for the Management Board, effective from July 1, 2012, plenum AG will benefit from his many years of experience in senior management and his contacts in the insurance industry. The position on the Management Board of COR&FJA formerly occupied by Mr. Hackbarth will not be refilled; his tasks will be distributed to the other Management Board units.