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Linnartz Head of Investor Relations at Demag Cranes AG

Düsseldorf, 12 June 2006 - As of 1 October 2006 Anke Linnartz (36) will be Head of the newly created Investor Relations section at Demag Cranes AG, which is scheduled to go public on June 20. She will report directly to CFO Dirk Kiessling. Linnartz was employed until now at the GEA Group in Bochum, where she has been head of the IR section since 2004. Before that, she worked from 1998 to 2004 in management functions for business intelligence specialist MIS, where she also rose to the rank of Head of Investor and Public Relations. Anke Linnartz is a member of the Board of 'Deutscher Investor Relations Verband' (DIRK).

About Demag Cranes AG

The Demag Cranes Group is one of the world's leading providers of industrial cranes and crane components, harbor cranes and port automation technology. Services, in particular maintenance and refurbishment services, are another core element of its business activities. The Group, which is divided into the Industrial Cranes, Port Technology and Services segments, has strong brands - 'Demag' and 'Gottwald'. Demag Cranes believes that it is a global market leader, by virtue of its innovation and technology leadership, its excellent product and service quality and its close and long-term customer relationships. Demag Cranes manufactures in 16 countries on five continents and operates a worldwide sales and service network that is present in over 60 countries through its subsidiaries, representative offices and a joint venture.

For the fiscal year 2004/2005, the Group reported total sales of € 881.6 million and an adjusted EBIT of € 64.0 million (Combined Financial Statements prepared in accordance with IFRS).

Your contact for the media:

Nikolai Juchem
phone: +49 211 7102-1019
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Important advisory notice

The information contained herein is not for publication or distribution to persons in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any public offering of securities of Demag Cranes to be made in the United States would have to be made by means of a prospectus that would be obtainable from Demag Cranes and would contain detailed information about the issuer of the securities and its management, as well as financial statements.

Neither this document nor the information contained herein constitutes an offer to sell or the solicitation of an offer to buy any securities. Any offer will be made exclusively through and on the basis of an offering circular that must be published in Germany. The offering circular can be obtained free of charge from Demag Cranes AG (Ruhrstrasse 28, 58300 Wetter, Germany) and also from the Company's website at http://www.demagcranes-ag.de.

This document does not contain an offer of securities for sale in the United States; the securities may not be offered or sold in the United States absent registration or an exemption from registration.

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