Dusseldorf, May 14, 2012 - The Supervisory Board of Pfleiderer AG (ISIN DE0006764749) has appointed Elmar Geissinger member of the Board with effect from May 14, 2012. Horst Piepenburg as the custodian has confirmed the appointment. Following the resignation of CEO Hans Overdiek the Supervisory Board has appointed restructuring expert Elmar Geissinger. Together with the second board member Hans-Joachim Ziems, Geissinger will now drive forward the restructuring of Pfleiderer AG by means of an insolvency plan. Geissinger, a partner with consulting firm Ziems & Partner who has longstanding experience in corporate restructurings, has been involved in the restructuring of Pfleiderer AG since February 2011.

The Supervisory Board will decide on the future structure of the board upon completion of the restructuring.

About Pfleiderer:
The Pfleiderer AG (ISIN DE 0006764749) is one of the world's leading producers of engineered wood. The company employs approximately 4,900 people and operates 16 locations in North America, Western and Eastern Europe producing engineered wood, surface finished products and laminate flooring. Pfleiderer is a preferred partner of the furniture industry, specialist and home improvement stores, and interior design suppliers. In fiscal year 2010, the Group generated consolidated revenues of approximately €1.5 billion.www.pfleiderer.com

Contact:
Analysts/Investors:
Pfleiderer AG
Lothar Sindel (Vice President Investor Relations)
Tel.: +49 (0) 211 - 929 638-20
E-Mail: lothar.sindel@pfleiderer.com

Media:
Brunswick Group GmbH
Sabine Morgenthal
Tel.: + 49 (0) 69 - 2400-5517

Christian Weyand
Tel.: +49 (0) 69 - 2400-5511
E-Mail: Pfleiderer@brunswickgroup.com

distributed by