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Heinz Kundert, CEO of Unaxis, takes over as Head of Semiconductor Equipment segment

Pfäffikon SZ, May 3, 2004 – Heinz Kundert, CEO of Unaxis, will assume interim responsibility for the company’s Semiconductor Equipment segment effective May 1, 2004. Asuri S. Raghavan (51), who has headed the Semiconductor Equipment segment at Unaxis until now, has left the company at the end of April 2004 for family reasons.

Asuri S. Raghavan – Member of the Executive Board since March 2003 – is leaving Unaxis for family reasons but will remain at the company’s disposal as an advisor in the semiconductor field. The Board of Directors and Management Board would like to thank Mr. Raghavan for his contribution to the company.

This media release is based on information currently available to management. The forward-looking statements contained herein could be substantially impacted by risks and influences that are not foreseeable at present, so that actual results may vary materially from those anticipated, expected or projected.

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