Announcement S & T System Integration & Technology Distribution AG

According to Section 82 para. 8 of the Stock Exchange Act (B√∂rseG) and Section 4 para. 2 and 5 of ¬ďVer√∂ffentlichungsverordnung¬Ē.

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Vienna (euro adhoc) - The General Assembly of S&T System Integration & Technology Distribution AG on May 7th, 2008 authorised a repurchase programme according to Section 65 para. 8 AktG. The company may repurchase up to 10% of its company¬īs own shares. The repurchase price shall be between Euro 1,-- and Euro 150,-- per share. The authorization starts with November 1st, 2008 and expires on October 31st, 2010. The respective resolution of the General Assembly was announced on May 16th, 2008.

The Management Board decided on October 24th, 2008 to make use of above authorization.

General information about the repurchase programme:

@@start.t2@@1.         Duration of the repurchase programme: November 3rd, 2008 until June
30th, 2009
2.         Stock category: no-par value shares of S&T System Integration &
Technology Distribution AG.
3.         Planned volume: 100,000 no-par value shares of the holder - this
corresponds to approx. 2.8% of the nominal capital.
4.         Repurchase price: The minimum repurchases price is set at Euro 1,-- per
share; the maximum repurchases price is set at Euro 150,--.
5.         Purpose of the repurchases programme and method of repurchases of the
company¬īs own shares: the repurchased shares may be used for consideration in
future acquisitions. The repurchase of own company¬īs own shares will be carried
out on the Vienna Stock Exchange.
6.         Economic implications: none.@@end@@

The transactions within this repurchase programme and modifications of the repurchase programme will be published on the internet website of S&T System Integration & Technology Distribution AG www.snt-world.com pursuant to Section 6 and 7 of "Veröffentlichungsverordnung".

Vienna, 27th October 2008 The Management Board

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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Mag. Gabriela Mair
Corporate Communications

S&T System Integration &
Technology Distribution AG
Geiselbergstraße 17-19
1110 Vienna, Austria
Phone: +43 1 367 80 88

Branche: Computing & Information Technology
ISIN:      AT0000905351
Index:    WBI, ATX Prime
B√∂rsen:  Wiener B√∂rse AG / official market

Weitere Meldungen: S&T AG

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