SinnerSchrader AG

SinnerSchrader: Additional information about the share repurchase programme

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shares/Share repurchase programme

Hamburg (euro adhoc) - Corporate News

SinnerSchrader AG has made use of the authorisation granted to it by the shareholders' meeting of 23 January 2007 and, as resolved and announced by the Supervisory Board and Management Board on 12 July 2007, launched a share repurchase programme on the stock market on the following day, 13 July 2007.

The share repurchase serves the purposes authorised by the shareholders' meeting, and therefore all of those permissible under section 71 subsection 1 no. 8, German Stock Corporation Act (AktG). Under the terms of this repurchase of treasury stock, the purchase price per share (excluding ancillary purchasing costs) may not be more than 10% above or below the average closing price on the Xetra index on the five trading days prior to the purchase.

The repurchases will be transacted in the period from 13 July 2007 to 31 August 2007, but none will be transacted after SinnerSchrader AG's holdings of treasury stock will have reached the 10% threshold of common stock that had been determined at the shareholders' meeting. SinnerSchrader will provide information about the scope of the repurchases that were transacted, indicating the purchase dates, the number of shares and the prices at which the repurchases were made, within seven trading days at the latest, on its website www.sinnerschrader.de. The company will also report on the repurchase programme within the scope of periodical financial reporting as well as at the next shareholders' meeting.

A bank was instructed to execute the purchase. The bank was bound to act in accordance with the trading conditions stipulated in Article 5 of Regulation (EC) No. 2273/2003 issued by the Commission on 22 December 2003.

About SinnerSchrader SinnerSchrader has been a pioneer of innovative e-business since 1996. It is currently one of Germany's biggest e-business service providers. The company has 152 employees at its offices in Hamburg and Frankfurt, and has been listed since 1999.

Contact: SinnerSchrader Aktiengesellschaft

Kirsten Schütt Investor Relations T +49. 40. 39 88 55-150, F +49. 40. 39 88 55-100 E-Mail: ir@sinnerschrader.de

Martin Recke Corporate Communications T +49. 40. 39 88 55-181, F +49. 40. 39 88 55-100 E-Mail: presse@sinnerschrader.de

www.sinnerschrader.de

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ots Originaltext: SinnerSchrader AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Kirsten Schütt
Investor Relations
Telefon: +49 (40) 398855-150
E-Mail: k.schuett@sinnerschrader.de

Branche: Software
ISIN:      DE0005141907
WKN:        514190
Index:    CDAX, Prime All Share, Technologie All Share
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade



Weitere Meldungen: SinnerSchrader AG

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