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Distributed: Oct 29, 2008

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Conzzeta AG (SWF:CZH) Corporate news announcement processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



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;



LINK: http://hugin.info/100413/R/1263698/277468.pdf

Conzzeta AG

http://www.conzzeta.ch

ISIN: CH0002657986

Stock Identifier: XSWX.CZH



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