SMT Scharf AG

EANS-Adhoc: SMT Scharf AG restructures subsidiary in Germany´s Saarland region

-------------------------------------------------------------------------------- ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 02.10.2009 Hamm, October 2, 2009 - SMT Scharf AG restructures its subsidiary SMT Scharf Saar GmbH (Neunkirchen). To this end, SMT Scharf Saar GmbH filed an insolvency proceeding today. The Group´s Managing Board intends to restructure and then continue the subsidiary via an insolvency plan. The subsidiary, which operates almost exclusively in Germany, was not able to compensate for a significant downturn in revenues in the third quarter of 2009 with short-term cost cuts. The company´s contributions to consolidated revenues have already shrunk since the earthquake in February 2008 which made it a burden on the group´s earnings since then. Continuing this company is not expected to impact consolidated revenues or earnings considerably. If the company is not continued, the SMT Scharf Group´s net earnings will be depressed by one-off write-downs of about EUR 0.5 million, and revenues in 2010 would fall by approximately EUR 2 million. Ende der Mitteilung euro adhoc -------------------------------------------------------------------------------- ots Originaltext: SMT Scharf AG Im Internet recherchierbar: Further inquiry note: Kontakt Investor Relations cometis AG Susanne Gremmler Tel: +49(0)611 - 205855-23 Fax: +49(0)611 - 205855-66 e-mail: Branche: Machine Manufacturing ISIN: DE0005751986 WKN: 575198 Börsen: Frankfurt / regulated dealing/prime standard Berlin / free trade München / free trade

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