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Pfäffikon SZ, February 1, 2007 - OC Oerlikon Corporation AG, Pfäffikon, is augmenting its executive board with two new members. Björn Bajan will assume the function of General Counsel, while Dr. Uwe Krüger will take on the role of Chief Operating Officer (COO).

Björn Bajan, 47, is an attorney specialized in business law, banking and stock exchange law as well as international legal practice. Mr. Bajan was previously a partner in the renowned Zurich law firm, Haymann & Baldi. He studied at the University of Zurich and Queen Mary College in London, and has been a practicing attorney since 1989. He is a member of various boards of directors, including Pilatus Aircraft Ltd., Von Roll Inova AG and JM Jüdische Medien AG.

Dr. Uwe Krüger, 42, was previously Senior Vice President of Turner Corp., Dallas, where he was primarily responsible for the international business and the company's strategic development in the American market as well as arious M&A projects.  Dr. Krüger studied Physics, Mathematics and Economics at the University of Frankfurt and began his career as a consultant at the consulting firm A.T. Kearney. He later moved to Hochtief, where he was head of Corporate  Development and the Research and Development Departments, among other positions. Dr. Krüger also brings with him a wide range of management experience in Eastern Europe, including his role as CEO of Hochtief Central/Eastern Europe.

"I am pleased that with Björn Bajan and Dr. Uwe Krüger we have managed to gain two excellent personalities for the Oerlikon Group management," says Thomas Limberger, CEO of Oerlikon. "Their experience and skills will help us to continue driving Oerlikon's positive development and to meet the increasingly complex demands that confront us".

For further information, please contact:

Sara Vermeulen-Anastasi

Sara Vermeulen-Anastasi

Head of Group Communications

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