Gerhard Wolf steps down after ten years as Chairman of the Supervisory Board at HORNBACH HOLDING AG

Corporate news announcement processed and transmitted by Hugin ASA.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------
Annual General Meeting elects new Supervisory Board

- Albrecht Hornbach praises Wolf as a "superb advisor with
great
entrepreneurial experience"
- Dr. Wolfgang Rupf elected as new Chairman of the Supervisory Boards
of HORNBACH HOLDING AG and HORNBACH-Baumarkt-AG

Landau/Pfalz, July 11, 2008. After ten highly successful years at
the
head of the Supervisory Board of HORNBACH HOLDING AG, Gerhard Wolf
was granted an affectionate farewell by shareholders at the Annual
General Meeting on Friday. Wolf had already stepped down from the
Supervisory Board of HORNBACH-Baumarkt-AG one day earlier. Due to age
considerations, the 72 year-old no longer stood for re-election to
the Supervisory Board. He is succeeded by Dr. Wolfgang Rupf, most
recently Deputy Chairman of the Supervisory Boards of the two
publicly listed companies.

"There are few people who have experienced our company as closely and
intensively during its most important periods as Gerhard Wolf, who
could draw on a wealth of entrepreneurial experience to play a key
role in shaping our company", stated Albrecht Hornbach, Chairman of
the Board of Management, to shareholders of HORNBACH HOLDING AG on
Friday. Gerhard Wolf had not only overseen the consistent
continuation of the company's international expansion. He had also
subjected the company's permanent low price policy to a "critical
review and given it his full professional backing", as well as
"providing the Board of Management with superb advice in matters of
strategy and support in implementing this strategy".

A graduate in business administration, since 1998 Gerhard Wolf
chaired the Supervisory Board of HORNBACH HOLDING AG and was also
Deputy Chairman at HORNBACH-Baumarkt-AG. Since April 2002 he acted as
Chairman of the Supervisory Boards of both companies.

At their constitutive meetings, the Supervisory Boards of HORNBACH
HOLDING AG and HORNBACH-Baumarkt-AG elected Dr. Wolfgang Rupf to
succeed Gerhard Wolf. Rupf (65) has been involved with the HORNBACH
Group since its first IPO in 1987 and has held a number of prominent
positions in the Supervisory Board and Board of Management (1995 to
1996).

Following the scheduled election on July 10, 2008, the Supervisory
Board of HORNBACH-Baumarkt-AG includes the following shareholder
representatives: Albrecht Hornbach, Chairman of the Board of
Management of HORNBACH HOLDING AG; Martin Hornbach, Managing Director
of mhb Beteiligungsgesellschaft mbH; Wolfger Ketzler, Attorney at Law
and Tax Advisor (Deputy Chairman of the Supervisory Board); Paul
Pierre Jean Mir, Group Commercial Director of Kingfisher plc; Dr.
Wolfgang Rupf, Managing Director of AKV Altkönig Verwaltungs GmbH
(Chairman of the Supervisory Board) and Prof. Dr.-Ing.
Jens P. Wulfsberg, Professor of Production Technology at Universität
der Bundeswehr, Hamburg.

After the election on July 11, 2008, the top supervisory body at
HORNBACH HOLDING AG consists of Richard Marshall Boyd, Head of
Corporate Development at Kingfisher plc; Ian Cheshire, Chief
Executive Officer of Kingfisher plc; Christoph Hornbach, School
Director; Otmar Hornbach, Businessman; Wolfger Ketzler (Deputy
Chairman of the Supervisory Board) and Dr. Wolfgang Rupf (Chairman of
the Supervisory Board).

--- End of Message ---

HORNBACH HOLDING AG
Le Quartier Hornbach 19 Neustadt an den
Weinstraße Germany

WKN: 608343; ISIN: DE0006083439 ; Index: CDAX, Prime All Share,
SDAX;
Listed: Prime Standard in Frankfurter Wertpapierbörse, Amtlicher
Markt in Frankfurter Wertpapierbörse;
Copyright © Hugin AS 2008. All rights reserved.