Dr. Gross-Selbeck to launch a new growth phase in the B2B and B2C divisions

Following five very successful years under Lars Hinrichs' leadership, withrapid and sustained growth at home and abroad, XING is well positioned forfurther growth in both its B2B and B2C divisions. XING has funded itsgrowth wholly with equity and is debt-free. Lars Hinrichs comments, "As themarket leader in Europe, with more than 170 employees, we take care of 6.5million members and have succeeded in generating record figures for thenumber of users, sales revenues and earnings during each of the sevenreporting quarters since our IPO. After running XING for five years asFounder & CEO, as well as creating the structures to scale the business, Iam delighted to hand over to Stefan, a very successful and experiencedInternet manager. XING has grown up and completed the transition from asuccessful startup to a profitable company with outstanding growthperspectives." Lars Hinrichs adds, "I am convinced that XING will continueits success story with Dr. Stefan Gross-Selbeck at the top. During his timeas General Manager of eBay Germany, he proved his ability to successfullymanage a fast-growing web-based business, a capability that very fewexperienced managers can offer. I am delighted that we have succeeded inrecruiting him for XING."

New CEO has extensive management experience with web-based communitybusinesses

Dr. Stefan Gross-Selbeck commented on the appointment as follows: "I'mreally looking forward to running such a dynamic and successful business.XING is ideally positioned, and the structures for scalability of thebusiness have already been created. I bring my particular experience inboth B2B and B2C to help define the next phase of further corporategrowth." As CEO, Stefan Gross-Selbeck will be responsible for the furtherexpansion of the XING network, the introduction of new fields of activityand the continuous improvement of the range of services offered to XING'smembers. He will also broaden the internationalization of the business.Holding an MBA from INSEAD he worked for Boston Consulting Group from wherehe changed to ProSiebenSat1 Media AG. Since 2002 Gross-Selbeck worked invarious managing positions for eBay. He is responsible for the Germanbusiness division since 2004 and supervised the company's growth. Duringrecent years, Germany became the biggest and most important eBay-marketoutside the U.S. and is today the eBay-market with the highest reachworldwide. During a brief transition phase, Dr. Stefan Gross-Selbeck willbe cooperating closely with Lars Hinrichs and will gradually take on theresponsibilities involved.

Supervisory Board thanks Lars Hinrichs for his outstanding contribution

Lars Hinrichs, the founder and current CEO of XING, is handing over to Dr.Stefan Gross-Selbeck and will become a member of the company's SupervisoryBoard, where he will continue to support the company with his extensiveexperience, expertise and valuable insight. "As an entrepreneur in the verybest sense of the word, Lars Hinrichs established XING and built theEuropean market leader in its field. He has demonstrated how a GermanInternet company can become successful internationally. The SupervisoryBoard wishes to acknowledge Lars' great contribution as the driving forcebehind the success of XING. We look forward to continuing our closecooperation with him in his new role on the Supervisory Board," said Dr.Neil Sunderland, the Chairman of XING's Supervisory Board. "We areconvinced that Dr. Stefan Gross-Selbeck is the right man to build-on XING'sleading position in Europe, to develop the company into a major long-termplayer in the worldwide web and, most importantly, to provide ourmembership with an excellent offering that leads the market," Sunderlandadded.

About XING

XING is the leading network for business contacts in Europe. XING turns theprofessional and business network into an actively used resource; afterall, XING is a lot more than a mere register of business contacts. Thanksto the extended functionalities for contact searches and contactmanagement, members can source business people and specialists,opportunities as well as offers tailored to their specific needs.

Following its successful IPO in December 2006, XING AG was the first Web2.0 company to help shape the social networking trend for businesspersonson a sustained basis. By focusing on "business people worldwide" as atarget group, the company is able to provide customized functions thatenable networking and contact management to be simplified. In addition toits Hamburg head office, XING AG also has a presence in Barcelona, Istanbuland Beijing.

XING. Powering Relationships.

XING Media Contacts:US:Kathy JohnsonConsort Partners415-823-9566Email ContactGlobal:Thorsten VespermannXING AGDirector Corporate Communications0049-40-419-131-763Email Contact