Luxembourg, 15 January 2013. Cargolux Airlines International S.A. today announced changes to its Board of Directors following the acquisition by the Luxembourg State of a 35% stake in the airline from Qatar Airways on 31 December 2012.
Cargolux’s Board of Directors elected Paul Helminger as its Chairman. Furthermore Alphonse Berns, Paul Mousel and Patrick Nickels were appointed as Directors to the Board.
Ownership structure as of 31 December 2012:

• Luxair: 43.4%
• Luxembourg State : 35.0%
• Banque et Caisse d’Epargne de l’Etat (BCEE): 10.9%
• Société Nationale de Crédit et d’Investissement (SNCI): 10.7%

Cargolux Board of Directors as of 15 January 2013

• Paul Helminger, Chairman, Chairman of the Board, LuxairGroup
• Alphonse Berns, Ambassadeur, Directeur de la Fiscalité, Ministère des Finances, Director
• Jean-Claude Finck, President and Chief Executive Officer, Banque et Caisse d’Epargne de l’Etat, Director
• Paul Mousel, Avocat, Director
• Adrien Ney, President and Chief Executive Officer, LuxairGroup, Director
• Société Nationale de Crédit et d’Investissement, Represented by Patrick Nickels, Président, Director
• Françoise Thoma, Executive Vice President, Banque et Caisse d’Epargne de l’Etat, Director
• Tom Weisgerber, Premier Conseiller de Gouvernement, Ministère du Développement durable et des Infrastructures, Director
• Bettina Faulhaber, Manager Business Support Flight Operations, Staff Representative
• George Karambilas, Captain, Staff Representative
• Einar Kristjansson, Captain, Staff Representative
• David Massaro, Permanent Delegate, Staff Delegation, Staff Representative
• Armand Seil, Staff Representative, Officer Material Repairs