Hansen Transmissions International NV (UK) – Directorate change

Directorate change

Hansen Transmissions International NV (“Hansen”, “the Group” or “the Company”) [ticker – LSE:HSN] announces that Dr. ir. Peter Flamang, member of Hansen’s Executive Committee since November 2007, will leave the Group by mutual agreement as of 11 February 2010 to pursue new challenges.

Peter joined the Group in 1989 as Test Lab Manager, in 1999 he became Director Technology and in 2002 he became Vice President Research and Development. Since August 2008, Peter has also been a member of Hansen’s Technology Expert Council acting in an advisory, supporting and executive role for the Executive Committee.

The structure of the Executive Committee, effective as of 11 February 2010, comprises of the following management functions:

Chief Executive Officer Ivan Brems – to whom report:

Chief Financial Officer Alex De Ryck (1)
Chief Operating Officer Cliff Dawson (2)
Chief Business Development Officer Luc De Proost
Chief Technology Officer Dr. Stefan Lammens
Chief Human Resources Officer Koenraad D’Helft (3)
Chief Legal Officer Bernard Moerman (4)
Managing Director Business Unit Industry: Torsten Schultz

In addition, the Technology Expert Council led by Georges Roobaert (5) continues to act in an advisory, supporting and executive role for the Executive Committee.

(1) As permanent representative of ADR Consulting BVBA
(2) As permanent representative of Cliff Dawson Consulting BVBA
(3) As permanent representative of Associatie D’Helft BVBA
(4) As permanent representative of B. Moerman BVBA
(5) As permanent representative of Gerotech BVBA

Financial Calendar – Hansen

FINANCIAL YEAR 2010

12 months period ending 31 March 2010

29 July 2009
Interim statement Q1 2010 Results

26 October 2009
Press Release 1H 2010 Results

28 January 2010
Interim statement Q3 2010 Results

17 May 2010 (*)
Press Release FY 2010 Results

24 June 2010
Annual Shareholders’ Meeting FY 2010

(*) date subject to final confirmation

About Hansen Transmissions

Hansen Transmissions International NV is an established global wind turbine gearbox and industrial gearbox designer, manufacturer and supplier, with a leading position (by MW supplied) in the wind turbine gearbox market. The company supplies gearboxes to the world’s major manufacturers of gear-driven wind turbines and provides durable gear drives for a wide range of industrial applications throughout the world. Both Hansen’s wind energy and industrial activities have established dedicated international service networks. In addition to its principal state-of-the-art manufacturing facilities located in Flanders, Belgium – i.e. a wind turbine and industrial gearbox plant and a fully integrated, dedicated wind turbine gearbox manufacturing facility – Hansen has a production plant for wind turbine gearboxes in Coimbatore, India and an assembly and testing plant for the Chinese market, located in Tianjin, China. As such, Hansen plans to increase its wind turbine gearbox manufacturing capabilities, from 7,300 MW per annum in the financial year 2009 to 14,300 MW, by financial year 2013. Strong in-house R&D operations maintain Hansen’s technological leadership and the company employs over 2,300 people worldwide.

Published: 19:00 CET 10-02-2010 /HUGIN /Source: Hansen Transmissions International NV /LSE: HSN /ISIN: BE0947727377