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Voor onmiddellijke vrijgave September 1, 2007

Contact: Kathy Brysse

mediaeurope@gates.com

Gates Europe Power Transmission Division organisational changes

From September 1st 2007 on, the European Gates Power Transmission organisation will undergo some major leadership changes.

John Bohenick has been appointed as President of Gates Corporation.  Bohenick has served most recently as President of Gates European Power Transmission Division where he led the company’s power transmission operations for all customers in all European markets.  As President of Gates Corporation, Bohenick will now be responsible for all operations of the Gates Corporation.

Giorgio Brusco, who has been leading the European Automotive Aftermarket Division for the last three and a half years, will become President of Gates Europe Power Transmission Division and will assume responsibility for the total European PT business.  In his new role, Brusco will report to the President of the Worldwide Power Transmission Division, Brian Harris.

Peter Verdonckt, currently General Sales Manager Automotive Replacement for France, Benelux, Central & Eastern Europe, Mediterranean and South Africa, has accepted the position of Vice-President Automotive Aftermarket Sales & Marketing in Europe, reporting directly to Brusco.