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Mannesmann Board Appoints Top Execs.

Maritime Activity Reports, Inc.

April 13, 2000

The Board of Directors of Mannesman Rexroth Corp. has elected five executive vice presidents, furthering the company's new "Combined Strengths Strategy." Established in 1999, this concept focuses on improving customer service and taking advantage of the synergies among the company's seven individual businesses. Greg Andricopoulos was appointed vice president, corporate finance; Mike Cossentine assumes the position of vice president, marketing services group; Susan Hallsby was elected general counsel and secretary; Martin Hoelscher was named vice president, information technology; and Ron Keller will serve as vice president, Hydraulics Group Finance.

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