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Bosch Names Seitz President, Robert Bosch Tool Corporation

Mount Prospect, Illinois, March 8, 2004--Manfred Seitz has been named chairman, president and chief executive officer of Robert Bosch Tool Corporation effective April 1, 2004.  In this role, Seitz will be responsible for all Bosch North American power tool, accessory and lawn and garden business units as well as serve as president of the company's Senior Executive Team.

In addition, Seitz will be a member of the Management Board of Bosch Power Tools Division for Robert Bosch GmbH.

Seitz has been with the Bosch organization for 27 years working in a variety of sales and marketing positions worldwide.  He previously served as managing director for the Asia region based in Singapore and most recently, was the managing director for Bosch in Great Britain.

The Senior Executive Team includes Seitz; Frank Carroll, Dremel-RotoZip Business Unit; Frank Honold, Accessories Business Unit, North America; Phil McKinney, Lawn and Garden Business Unit, North America; Steve Richman, Skil Tools and Bosch Tools, North America; John Surane, Sales - North America; Katina Xouria, Finance, Administration and Shared Services; and David Klein, Human Resources.
 
Robert Bosch Tool Corporation unites Bosch’s North American tool and accessory businesses including the major brands Bosch, Skil, Dremel, RotoZip, Vermont American and Gilmour.   Robert Bosch Tool Corporation reported combined sales for 2003 of just under $1 billion and over 4,000 associates.

About Robert Bosch Tool Corporation
Robert Bosch Tool Corporation is the leading tool manufacturer in North America with more than 4,000 associates and approximately $1 billion in sales. Robert Bosch Tool Corporation is a division of Robert Bosch GmbH, based in Stuttgart, Germany. The company manufacturers power tools and accessories for professionals and do-it-yourselfers under the Bosch, Skil, Dremel and Vermont American brands, as well as manufacturing lawn and garden tools under the Gilmour brand.

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For more information, please contact:

Bryan Wright
Strata-G Communications
bryan.wright@strata-g.com
513-381-8855


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