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New Appointment for Corporate Communication

Hannover, 1 July 2002: Dr. Lutz Köhler (42) assumes responsibility for Corporate Communication, comprising primarily Investor Relations and Public Relations, with effect of July 1st 2002. Dr. Köhler has his doctorate in business administration. Before joining Hannover Re he worked for a primary insurer, where he was responsible for communication, corporate strategy and marketing.

His predecessor, Ralf Arndt (34), leaves Hannover Re to take over the finance and accounting department of another reinsurance company. Dr. Köhler had the opportunity to familiarise himself with his new tasks since May 2002. With him we will continue our active and transparent policy of communication with the capital markets and the public. Holger Verwold (Investor Relations) and Gabriele Handrick (Public Relations) will, of course, continue to be available for your inquiries.