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Dr Joerg Eichkorn appointed CFO of Oerlikon

Pfäffikon SZ, December 12, 2006 - Dr Jörg Eichkorn will assume the position of Chief Financial Officers of OC Oerlikon Corporation Ltd., Pfäffikon, as of today. In June 2006, he was appointed Deputy CFO, a function in which he was co-responsible for the acquisition of Saurer Ltd. Dr Jörg Eichkorn has a broad range of knowledge and experience in financial management on the operational side and corporate consulting for industrial companies on the strategic and planning side. His professional experience includes many years at Commerzbank and at Boston Consulting Group. "Based on his achievements to date for our company and his track record in his previous functions, Dr Jörg Eichkorn is the ideal personality for this position," says Oerlikon CEO Thomas Limberger.

Current CFO Rainer Mück will be leaving Oerlikon to take on new professional challenges outside the company. "I would like to thank Mr Mück for his achievements. With his great commitment, he played a major part in the successful restructuring of the company over the past year," says Thomas Limberger.

For further information, please contact:

Kerstin Flötner

Kerstin Flötner

Head of Corporate Communications, Investor Relations & Marketing

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