Investor Relations

Deutsche Telekom Supervisory Board appoints Walter Raizner as new member of Board of Management

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Ad hoc notification of Deutsche Telekom AG in accordance with § 15 WpHG

The Supervisory Board of Deutsche Telekom AG has announced that Walter Raizner (50) will join the Management Board of Deutsche Telekom as of November 1, 2004. Raizner, who is currently the CEO of IBM Deutschland GmbH, will assume responsibility for the newly created strategic business unit Broadband/Fixed-network at board level, which combines the private consumer activities of both T-Com and T-Online. Raizner will also head the T-Com Board.

The chairman of the Supervisory Board of T-Online International AG, Kai-Uwe Ricke, announced that, due to implementation of the new organization within the Management Board of Deutsche Telekom AG, he will leave the Supervisory Board of T-Online in October.

It is planned that the new chairman of T-Online's Supervisory Board will be Walter Raizner, who after joining the Management Board of Deutsche Telekom AG will become a member of the T-Online Supervisory Board.

Thomas Holtrop, the current member of the Management Board of Deutsche Telekom AG responsible for T-Online and Chairman of the Board of Management of T-Online International AG will leave the company on September 30, 2004.

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