EANS-Adhoc: Schoeller-Bleckmann Oilfield Equipment AG / Supervisory board appoints new Chief Financial Officer

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Board of Directors (Appointments and Changes)
08.04.2015

Schoeller-Bleckmann Oilfield Equipment AG: Supervisory board appoints
new Chief Financial Officer

- Klaus Mader to succeed Franz Gritsch from 1 October 2015
- Franz Gritsch to retire early in 2016

Ternitz/Vienna, 8 April 2015. Long-term Chief Financial Officer (CFO)
of Schoeller-Bleckmann Oilfield Equipment AG (SBO) Franz Gritsch will
retire at the beginning of 2016, following 21 years of service for
the company. SBO's supervisory board today appointed Klaus Mader as
his successor.

For ensuring seamless transition, Franz Gritsch will be available to
the company until the beginning of 2016. Gritsch and Mader will
cooperate closely for six months, with Mader assuming his position as
Director of Finance as of 1 July 2015 and Gritsch continuing as CFO
until 30 September. As of 1 October 2015, the managers will swap
their positions: Mader will take over his executive board function as
CFO, and Gritsch the tasks of Director of Finance until early in
2016.

Klaus Mader, 45, is currently Executive Vice President Finance &
Administration of the globally operating Tyrolit group. He has spent
15 years with Tyrolit, before that he had gained professional
experience at Wienerberger Baustoffindustrie AG, Immorent AG and TPA
Treuhand Partner Austria.

end of ad-hoc-announcement ==========================================
====================================== Schoeller-Bleckmann Oilfield
Equipment AG is the global market leader in high-precision components
and a leading supplier of oilfield equipment for the oilfield service
industry. The business focus is on non-magnetic drillstring
components and high-tech downhole tools for drilling and completing
directional and horizontal wells. As of 31 December 2014, SBO has
employed a workforce of 1720 worldwide (31 December 2013: 1574),
thereof 451 in Ternitz/Austria and 714 in North America (including
Mexico).

Further inquiry note:
Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail: f.schuetz@sbo.co.at

end of announcement euro adhoc
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issuer: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://www.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English