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SMT Scharf AG

EANS-News: SMT Scharf AG launches new share purchase plan for employees

Hamm (euro adhoc) -

- Employees to participate in the company´s success
- Buy-back of up to 39,000 shares planned for Q2 2009
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
shares/share purchase plan for employees
April 21, 2009 - SMT Scharf AG (German Securities
Code (WKN) 575198, ISIN DE0005751986), technology and world market 
leader for rail-bound railway systems for the mining sector, has 
resolved to put a second share purchase plan for employees in place 
to allow them to participate in the company´s success. As a result, 
the company will acquire own shares via an affiliated company in 
accordance with Section 71 (1) No. 2 of the Aktiengesetz (German 
Public Limited Companies Act), and then offer these for sale to its 
employees at a reduced price.
SMT Scharf is scheduled to acquire up to 39,000 shares in April and 
May, and to publish this on the company´s web site at 
www.smtscharf.com in good time. The implementation of the program, in
particular the maximum purchase price for the shares, will be in line
with the provisions of Regulation (EC) No. 2273/2003. Thus, the 
company will acquire the shares at a price equivalent to, at most, 
the last independently concluded transaction on the stock exchange or
the current asked price. On a single day, SMT Scharf will purchase at
most 25 % of the average daily share turnover for the past month.
"Our employees work hard - and they are a key pillar of our company. 
We aim to allow them to participate even more in our company´s 
success by setting up this second share purchase plan," commented Dr.
Friedrich Trautwein, SMT Scharf AG's CEO. "In doing so we also aim to
increase our employees´ identification with our company and its 
future growth."
Company profile
The SMT Scharf Group develops, builds and maintains rail-bound 
railway systems for mining and use in tunnels. The trains are used 
all over the world, primarily in hard coal mines, gold mines and in 
underground mining for platinum, diamonds, copper and nickel. They 
are used to transport material and personnel with working loads of up
to 35t. Rail-bound trains are the only means of transport that can be
used underground on branching lines to cope with inclines of more 
than 13 degrees. The SMT Scharf Group has subsidiaries in Germany, 
Poland, South Africa, China and Russia, as well as agencies around 
the world. The railways developed by SMT Scharf are characterized, 
above all, by high-performance engines, high working loads, high 
speed and low operating and maintenance costs. SMT Scharf records 
more than 70% of its revenues on high-growth foreign markets, such as
Russia, China and South Africa. The replacement parts and repairs 
business constitutes around 50% of revenues. The advances in 
exploitation of resources make underground conditions increasingly 
difficult which in turn requires more high technology transport 
solutions in mining. The total market for underground transport 
technology comprises around EUR 5 billion to EUR 7 billion per year 
according to company estimates. SMT Scharf AG has been listed in the 
Prime Standard (regulated market) of the Frankfurt Stock Exchange 
since April 11, 2007.
end of announcement                               euro adhoc

Further inquiry note:

Contact

Investor relations
cometis AG
Susanne Gremmler
Phone: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
E-mail: gremmler@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse München / free trade

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