Martin Krämer New Lanxess CFO for China and Hong Kong

Martin Krämer, currently head of the Lanxess Group Function Treasury, is to be the specialty chemicals group’s new CFO for Greater China. Krämer, aged 41, will begin the Shanghai based position on April 1, 2008. In this function, which in future will also include responsibility for Hong Kong, Krämer will continue to report to Lanxess CFO Matthias Zachert. The successor to Krämer as head of the Group Function Treasury, effective March 1, 2008 is Christoph Koch, currently head of the Corporate Finance department within this Group Function. The present CFO in China, Marc Horn, is returning to Group headquarters in Leverkusen to take up new duties.

Mr. Krämer gained a degree in commerce in Cologne and started his career in 1991 in Bayer AG’s Corporate Auditing department. Following a three-year assignment in Korea and a managerial assignment in Frankfurt, Krämer returned to the Leverkusen headquarters at the end of 2000 as head of Business Planning and Administration in Bayer’s Basic and Fine Chemicals Business Group. In July 2004 he took over the Group Function Treasury at Lanxess. Krämer is married with three children.

Christoph Koch studied business administration at Cologne and subsequently worked for Deutsche Bank in New York and Cologne. In March 2003 Koch moved to Kamps AG in Düsseldorf as treasurer. Since July 2004 he has been Head of Corporate Finance at Lanxess. Koch is also married with three children.