Christian Reinaudo to Become CEO of Agfa-Gevaert; Preliminary Q4 Results Reported

The Group's fourth quarter net result is expected to be approximately 20 million Euro. For the total year, the net result is therefore expected to be approximately 6 million Euro.

Commenting on the management change, Julien De Wilde, Chairman of the Board of Directors, stated: "Jo Cornu has taken the position of CEO on December 1, 2007 under very difficult circumstances. He has lead Agfa-Gevaert through the economic crisis and has put the company back on track. Agfa-Gevaert now has a strong management team, a clear strategy, a better cost structure and a significantly lower level of debt. The Board of Directors respects his request to end his mandate at the end of April. As a Board member, Jo Cornu will continue to support the company with his experience."