13.11.2006 – 09:44

SMARTRAC N.V.

euro adhoc: SMARTRAC N.V.
quarterly or semiannual financial statement / SMARTRAC N.V. presents preliminary 3rd quarter results

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

13.11.2006

Amsterdam, 13 November 2006 - SMARTRAC N.V. continued along its
growth path in the 3rd quarter of 2006 and further strengthened its
earnings. SMARTRAC, the world’s leading RFID manufacturer and
supplier of components for passports (ePassport) and contactless
credit cards (ePayment) increased its total sales in 3rd quarter 2006
to EUR 13.4 million up from EUR 7.2 million in 2005. For the nine
months ended September 2006 this corresponds to sales of EUR 35.9
million, an increase of 133 percent over the previous year (EUR 15.4
million). The Group’s 3rd quarter EBITDA doubled from EUR 1.8 million
in 2005 to EUR 3.4 million. For the nine months ended September 2006
the EBITDA is EUR 8.1 million, an increase of 145 percent over the
previous year (EUR 3.3 million).

SMARTRAC has posted a net profit every year since its foundation. For
full-year 2006, the company anticipates sales of at least EUR 50
million with an EBITDA substantially above EUR 10 million.

end of announcement                               euro adhoc 13.11.2006 09:09:31

Further inquiry note:

Max Hohenberg
Media Relations SMARTRAC N.V.
Tel: +49 711 6569 2616
Email: max.hohenberg@smartrac-group.com

Branche: Technology
ISIN: NL0000186633
WKN: A0JEHN
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade