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Munich, 23 October 2008. The Munich-based company Flora Ecopower Holding AG, a producer of biogenous oils in the non-food sector, has expanded its Executive Board. Marco Guicciardi took over the Finance division as Chief Finance Officer at the beginning of October.

Marco Guicciardi has been working as a consultant for Flora EcoPower in the area of finance and accounting since March 2008 and is therefore extremely familiar with the company's structures.

The Swiss finance expert previously managed the finance and accounting divisions of various internationally renowned companies such as Duracell, Adidas and Le Coq Sportiv. In Germany, he held the position of Commercial Director for a well-known shoe manufacturer. From 2005, Marco Guicciardi also worked for his own consultancy in Switzerland and Germany.

About the company Munich-based Flora EcoPower Holding AG (FEP) has set itself the goal of becoming a global market leader in the production of castor and jatropha plants from which biogenous oil is produced in the non-food sector.

Press contact: Dr. Alexander Baer, Björn Zaksek Engel & Zimmermann AG Schloss Fußberg, Am Schlosspark 15, 82131 Gauting, Telephone: (089) 89 35 63-3, Telefax (089) 89 39 8429, Email: info@engel-zimmermann.de

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Flora EcoPower Holding AG Kanalstr. 17 München Germany

WKN: A0HHE3; ISIN: DE000A0HHE38; Listed: Freiverkehr in Frankfurter Wertpapierbörse, Freiverkehr in Börse Berlin;

Flora EcoPower Holding AG

http://www.floraecopower.com

ISIN: DE000A0HHE38

Stock Identifier: XFRA.ECO

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