JoWooD Productions Software AG

euro adhoc: JoWooD Productions Software AG
Buyback program of own shares

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- C.E.O. Interviews 10.12.2008 Publication according to §§ 4 and 5 of the Austrian Disclosure Regulation 2002 At the 8th Annual General Meeting of the shareholders of JoWooD Productions Software AG, held on June 25th 2008, the JoWooD board was authorized, in accordance with § 65 (1) line 8 of the Austrian Stock Corporation Act, to acquire its own non-par value bearer shares in the company. Thereby, the board has been authorised to choose means of acquisition other than stock exchange dealing, or by a public offering, in due consideration of § 47a of the Austrian Stock Corporation Act. The Executive Board of the JoWooD Productions Software AG has now decided to exercise this option to buy back the shares. Details on the share buyback program pursuant to § 5 (2) Austrian Disclosure Regulation 2002: 1. The day on which the resolution of authorising the share buyback program was approved by the Annual General Meeting was June 25th, 2008. 2. The day on which the announcement of the resolution passed by the Annual General Meeting authorising the share buyback program was made was July 10th, 2008. 3. The share buyback program commences on December 16th, 2008, and is anticipated to continue until (including) December 31st, 2009. The company reserves the right to abandon, reduce, or expand the program at any given time. The company is not obliged to buyback own shares within this program. 4. The share buyback program concerns non-par value bearer shares of JoWood Productions Software AG. 5. The share capital of the company amounts to EUR 19.149.865,--. It is comprised of 2.735.695 shares at a par value of EUR 7,--. The intended volume of the repurchase of the company´s own shares is up to 218.856 shares, which corresponds to 8 % of the current share capital of the company. 6. According to the resolution of the Annual General Meeting, the counter-value per share at the respective date of acquisition has to be within a range of +/- 30% of the average closing price of the company of the past 30 trading days on the Vienna Stock Exchange. 7. The buyback program of own shares will take place on the Vienna Stock Exchange. The main purpose of the share buyback programme is to improve the supply and demand for the JoWooD share on the Vienna Stock Exchange, whereas the trade with own shares for a pecuniary reward is excluded. 8. The share buyback programme will not have an effect on the stock market listing of the issuer. 9. Within the buyback program, no stock options are being granted to employees, executives or board members. JoWooD Productions Software AG intends to fulfill its disclosure requirements pursuant to §§ 6 and 7 Austrian Disclosure Regulation 2002 by publishing the relevant information on the Website of the company ( end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: JoWooD Productions Software AG Im Internet recherchierbar: Further inquiry note: JoWooD Productions Software AG Dr. Albert Seidl, Vorstand Mag. Philipp Brock, Investor Relations Tel.: +43 (0)3612 2828 Branche: Software ISIN: AT0000747357 WKN: 935221 Index: WBI, ATX Prime, ViDX Börsen: Börse Berlin / free trade Börse Frankfurt / free trade Börse Stuttgart / free trade Börse München / free trade Wiener Börse AG / official dealing

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