Robert Suter appointed as new CEO of Conzzeta

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Zurich, 29 October 2008. - Conzzeta's Board of Directors has named
Robert Suter as the Group's new CEO and successor to Heinrich M.
Lanz, who is stepping down. Robert Suter joins Conzzeta from the ABB
Group where he has served in several positions since 1995, most
recently as a member of the management team in the business unit
transformers, with global responsibility for the Small Power and
Traction Transformers product group. Robert Suter has many years'
experience in international technology markets. He started his career
as development engineer in the space industry, served as chief
executive of some smaller companies and was head of ABB's operations
in Korea. Mr Suter, who is 50 years of age, graduated at the Federal
Institute of Technology in Zurich, studied at Harvard Business School
and holds an Executive MBA of the University of St. Gallen. He will
join Conzzeta in spring 2009.

For further information, please contact

Carlo Menotti, Head of Corporate Services
Phone +41 44 468 24 84
media@conzzeta.ch

The Conzzeta Group is an internationally active industrial holding
company, with over 3,500 employees worldwide. Its core business areas
are machinery and systems engineering, and the manufacture of
consumer and industrial products. Conzzeta's shares are listed on the
SWX Swiss Exchange (SWX:CZH).

The news release can be downloaded from the following link:

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Conzzeta AG
Giesshübelstrasse 45 Zürich Switzerland

WKN: 265798;
ISIN: CH0002657986; Index: SPI, SSCI, SPIEX;
Listed: Main Market in SWX Swiss Exchange;
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