Change in company management

Ralf Sobottka strengthens the orientation of RAIL.ONE with new management structure

Neumarkt, Germany, 25 March 2010 – Richard Ziegler (47), responsible within the management of RAIL.ONE for strategic projects, will leave the company and the concrete sleeper industry, effective from 25 March 2010, in order to accept a new challenge in the precast industry.

Ralf Sobottka (50), President and CEO of RAIL.ONE, will take over Mr. Ziegler’s previous responsibilities and will be in sole overall charge of the company. Mr. Sobottka will be supported by an experienced and highly competent management team. With this organization, RAIL.ONE Group will continue to successfully utilize international market opportunities. According to Ralf Sobottka, “We thank Richard Ziegler for the faithful and valuable collaboration. He carried out successful work over the past years and has supported the company in its process of globalization. With technical competence and innovative strength, RAIL.ONE Group will systematically push its growth strategy.”

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Profile of RAIL.ONE GmbH:

RAIL.ONE GmbH conducts business with the goal of providing comprehensively oriented systems and engineering for the entire field of railway tracks with its many and varied requirements. With its patented RHEDA 2000® ballastless track system, the company has achieved an internationally leading position in the field of high-speed rail transportation. In addition, RAIL.ONE manufactures main-track and turnout sleepers made of concrete. In these areas, RAIL.ONE GmbH – as one-stop supplier and in close collaboration with its customers and partners – performs all activities involved in product development, manufacture, and application of concrete sleepers: beginning with engineering; including production, supply, and logistics; and extending to quality management.

With over 800 employees in its plants in Germany, China, Romania, Saudi Arabia, Spain, South Korea, Turkey, and Hungary, RAIL.ONE offers annual production capacity for 3.3 million main-track sleepers, as well as over 680,000 linear metres of turnout sleepers. The company achieves average annual sales of ap-proximately €160 million.

About the PCM RAILONE Group

The PCM RAILONE Group has been manufacturing concrete sleepers and track systems for urban transit and long-distance rail transportation for over 60 years. The technology leader also offers its expertise in the fields of engineering and plant construction. Its customer-driven innovations fulfill the highest quality standards and are installed around the world

The PCM RAILONE Group is comprised of several companies and eleven production facilities with a presence in Germany, Romania, Saudi Arabia, Spain, South Korea, Hungary, Turkey, the United States, Canada and lndia. lt maintains annual capacities of over 5 million track sleepers and 840,000 linear meters of turnout sleepers. RAILONE produces optimized products and custom solutions with over 550 employees around the world.