As announced at the Annual General Meeting on 14 May 2004, Michael Tojner has resigned as Chairman of the Supervisory Board of BETandWIN.com Interactive Entertainment AG after Global Equity Partners sold a total of around 1.5 million betandwin shares, leaving it with less than 1.0 million shares, or less than 10% of the company.
At the Supervisory Board meeting on 15 September 2004, the position of Supervisory Board Chairman was assumed by Hannes Androsch, who holds more than 10% of the company’s shares through foundations and personal portfolios. In the future Michael Tojner will act as Vice-Chairman of the Supervisory Board.