euro adhoc: Fortune Management Inc. / Board of Directors (Appointments and Changes) / . FOUNDER AND EX-CHAIRMAN OF HAMILTON LANE, LESLIE A. BRUN, JOINS BOARD OF DIRECTORS OF FORTUNE MANAGEMENT INC.

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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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04.07.2006

AD hoc release

Zug, Switzerland, July 4, 2006 -- Fortune Management Inc., the
private equity firm (ISIN: USU 026281027) listed on the General
Standard segment of Frankfurt Stock Exchange (ticker symbol: FM11),
today announced that Leslie A. Brun has joined the company's Board of
Directors. Mr. Brun, 53, was previously founder and Chairman of
Hamilton Lane, a leading private equity manager and advisor. Besides
his Board responsibilities at Fortune, Brun will take a leading role
in developing private equity business and drive Fortune´s growth. Mr.
Brun brings over 25 years in the Private Equity, Corporate Finance
and Investment Banking arenas.

Brun is a long-time associate of Fortune's Chairman, Paul Bagley. In
the mid- 1980's, Mr. Bagley headed E. F. Hutton's Corporate Finance
Division where Mr. Brun was a Vice President. The two have
collaborated on a number of ventures since that time.

Mr. Brun is a noted authority on private equity and a frequent
speaker at private equity conferences worldwide. He sold his
interests in Hamilton Lane earlier this year to an investment firm
owned by Microsoft founder Bill Gates and now pursues several
personal investment initiatives. Amongst others he currently holds
investments in automobile dealerships and in Philadelphia Media
Holdings, publisher of the Philadelphia Inquirer and the Philadelphia
Daily News.

Brun also sits on the Boards of Directors of ADP Inc. (NYSE:ADP),
Opus Entertainment, The University at Buffalo Foundation and is a
Trustee of The Episcopal Academy in Merion, PA. He is a member of
The Council on Foreign Relations in New York.

- End of Ad hoc release -

Mr. Brun noted: "The private equity market has grown in size and
sophistication, and matured significantly since I became involved in
1991. I see major opportunities for a variety of providers of
products and services to the market, each of whom will capitalize on
their respective strengths and capabilities. Fortune is very
well-positioned to seize certain of those opportunities, particularly
outside of the United States, in Europe, the Middle East and South
America. I have known the senior management for many years and am
pleased to be a part of the Fortune team."

Mr. Rene Mueller, CEO of Fortune, hails the arrival of Les Brun and
said: "We are extremely happy that such a distinguished and highly
respected personality as Les Brun is joining Fortune at Board level
and takes charge of the Private Equity Management Group. Nobody knows
the industry better than him. At Fortune he is going to contribute
his experience in building one of the biggest and most respected
Private Equity franchises with Fortune. Les will be driving our
aggressive growth strategy forward."

Profile of FORTUNE Management Inc.:

FORTUNE Management Inc., Zug/Switzerland, is a private equity firm
listed on the Frankfurt Stock Exchange. Its two business divisions
are Private Equity Management and Principal Investments. Private
Equity Management achieves consistent revenues from the management of
specialised funds, whereas Principal Investments comprises direct
investments (e.g. in bio-diesel manufacturer GATE or in the Swiss
asset managers Fortune Wealth Management Group AG) with a view to
capital gains. FORTUNE Management Inc. has subsidiaries in Zug,
Zurich, Geneva, Luxemburg, Santiago de Chile, Wuerzburg and Vienna,
as well as a branch establishment in Dubai. The company's shares
(ISIN: USU 026281027) are listed in the General Standard segment of
Frankfurt Stock Exchange (symbol: FM11) and on the DIFX in Dubai.

end of announcement euro adhoc 04.07.2006 16:21:31
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ots Originaltext: Fortune Management Inc.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Contact:

FORTUNE Management Inc.
Thomas Luber
Mobile +49-171-8311216
IR@fortune-management.com
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug

Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Frankfurter Wertpapierbörse / regulated dealing/general
standard