init innovation in traffic systems AG

euro adhoc: init innovation in traffic systems AG
Buybacks
init decides further repurchase of own shares

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

21.03.2005

init decides further repurchase of own shares

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of May 13, 2004, topic 5 of the agenda to purchase up to 50,000 own shares (according to § 71, Abs. 1. No. 8 AktG). The repurchase of 60,000 shares decided on August 2004 was finished on March 21, 2005.

end of announcement                                euro adhoc 21.03.2005 13:20:13
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Further inquiry note: Alexandra Weiß Investor Relations Telefon:  +49(0)721 6100-102 E-Mail: aweiss@initag.de

Branche: Semiconductors & active components
ISIN:      DE0005759807
WKN:        575980
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade



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