SMARTRAC N.V.

euro adhoc: SMARTRAC N.V.
Strategic management decisions
SMARTRAC postpones IPO despite indications of significant interest and positive feedback from potential investors

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19.03.2006

SMARTRAC N.V. announced today that it has received positive feedback and indications of significant interest from German and international institutional investors since the beginning of its IPO road show on March 14.

Since the beginning of the marketing phase, certain individuals have been deliberately briefing the media and writing letters making certain allegations against the company and its CEO while making financial demands.

The company denies these allegations but has decided, together with its bank advisors, to postpone the IPO to ensure an orderly offering and to protect investors. The IPO is on hold until the facts underlying the allegations have been clarified. The company is considering legal action against the persons responsible for these allegations.

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ots Originaltext: SMARTRAC N.V.
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
SMARTRAC N.V.
Max Hohenberg
Media Relations
Tel.: +31 20 57 88 844
max.hohenberg@smartrac-group.com
www.smartrac-group.com

SMARTRAC-Disclaimer
This Ad-hoc release and the information contained herein is not being issued in
the United States of America (the "U.S.") and may not be distributed in the U.S.


This document does not constitute an offer of securities for sale in the U.S.
Securities may not be offered or sold in the U.S. absent registration or an
exemption from registration under the U.S. Securities Act of 1933, as amended.

This publication constitutes neither an offer to sell nor a solicitation to buy
securities. It does not constitute a prospectus within the meaning of Art. 652a
of the Swiss Code of Obligations.

This communication is directed only at persons (I) who are outside the United
Kingdom or (II) who have professional experience in matters relating to
investments falling within article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (as amended) (the "Order") or (III)
who fall within article 49(2)(a) to (d) ("high net worth companies,
unincorporated associations etc.") of the Order (all such persons together being
referred to as "Relevant Persons").  Any person who is not a Relevant Person
must not act or rely on this communication or any of its contents. Any
investment or investment activity to which this communication relates is
available only to Relevant Persons and will be engaged in only with Relevant
Persons.

Branche: Technology
ISIN:      NL0000186633
WKN:        A0JEHN
Börsen:  Frankfurter Wertpapierbörse / admission applied: official
              dealing



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