Treofan Group Announces Management and Board Changes

Raunheim (ots) - Treofan, Europe's largest BOPP film manufacturer,
announces that Carlo Ranucci, age 58, has been promoted to Managing
Director and Chief Executive Officer and appointed a Geschaftsführer
of Treofan Germany GmbH & Co. KG. Also announced, Peter A. Briggs,
age 49, who preceded Mr. Ranucci as CEO, will assume the role of
non-executive Chairman of the Supervisory Board of Treofan B.V.,
holding company of the Treofan Group. Jürgen Schaubel, age 43,
Managing Director and Chief Financial Officer of Treofan Group,
remains a Geschaftsführer of the German entity along with Mr.
Ranucci.

Immediately prior to his promotion to CEO, Mr. Ranucci served as
General Manager Europe, a position he held since joining Treofan in
February 2006. Previously, Mr. Ranucci worked for more than 25 years
with ExxonMobil, a major competitor of Treofan's in BOPP films
globally, most recently serving as General Manager Europe. Since
joining Treofan, Mr. Ranucci has driven the company's efforts to
improve operational efficiency in manufacturing and to strengthen
relationships with its key customers in Europe.

Mr. Briggs, a Managing Director of Alvarez & Marsal LLC and leader
of his firm's restructuring advisory practice in Germany, assumes the
Treofan board Chairman's role now being relinquished by Antonio M.
Alvarez III, who heads Alvarez & Marsal Europe.

"Treofan has made enormous progress restructuring and improving its
business over the past two years; focusing its strategy, reducing
costs and financial leverage, increasing liquidity, growing its
specialty product lines, and investing in new capacity for continued
growth in the future," said Peter A. Briggs, Chairman. "With the
company's focus now on operational excellence, continued growth in
specialty products and superior customer service, Carlo Ranucci's
track record of leadership in the BOPP industry makes him an ideal
choice to take the helm as CEO of Treofan going forward, " said
Briggs.

About Treofan

The Treofan Group, headquartered in Raunheim, Germany, develops,
manufactures and markets biaxial oriented polypropylene film (BOPP)
and cast polypropylene film under the brand name Treofan®, as well as
bio-degradable polylactic acid film under the brand name Biophan®.
With more than 40 years of experience in global markets, Treofan
markets its products in more than 90 countries, manufacturing some
220,000 tonnes of film a year at seven sites in Europe, North America
and South Africa.

Treofan and its 1,600 employees offer its customers a consistent,
high quality array of technologically advanced film products through
a global manufacturing and distribution network. As an industry
leader in research and development, Treofan offers one of the
broadest product lines for food packaging, non-food packaging, labels
and advanced technical applications in its industry globally. Treofan
Germany GmbH & Co. KG. is Treofan's principal operating entity and
issuer of its EUR170mm in public second lien notes.

Originaltext: Treofan Germany GmbH & Co. KG
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Media contact:
Jasmin Weber
Email: jasmin.weber@de.treofan.com
Phone: +49 6142 200 3268
Fax: +49 6142 200 3299

Roland Klein
Email: roland.klein@cnc-communications.com
Mobile: +44 (0) 7776 162 997