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EANS-Adhoc: S&T System Integration&Technology Distribution AG
Decision of the Austrian Takeover Commission regarding the obligation to make a mandatory offer of AvW Gruppe AG and AvW Invest AG pursuant to Sec 26b Austrian Takeover Code

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
  announcement.
Austrian Takeover Commission Sec 26b Austrian Takeover Code
07.04.2009
The Takeover Commission has held by decree of 7 April 2009 that AvW 
Gruppe AG and AvW Invest AG have obtained a controlling interest 
equal to 38.44% of the voting shares in S&T System Integration & 
Technology Distribution AG. Pursuant to Sec 26b para 2 and 3 Austrian
Takeover Code, AvW Gruppe AG and AvW Invest AG is under an obligation
within 20 exchange trading days upon receipt of the decree, that was 
effected on 7 April 2009, to either submit a mandatory offer to all 
shareholders or to educe their interest to a maximum of 30% of the 
voting shares or otherwise reverse the obtaining of a controlling 
interest in any other way.
In such case, AvW Gruppe AG and AvW Invest AG have undertaken during 
the proceedings of the Takeover Commission to sell their shares 
exceeding 30% of the voting shares solely off-exchange.
Contact:
Christian Rosner
Mag. Martin Bergler
S&T System Integration & Technology Distribution AG
Geiselbergstr. 17-19/3
1110 Vienna, Austria
Tel.: +43(1)3678088
Fax: +43(1)3678088 1099 
martin.bergler@snt-world.com
end of announcement                               euro adhoc

Further inquiry note:

Gabriela Mair
Head of Corporate Communications
T: +43 1 367 80 88 1024
Mobil: +43 664 60191 1024
Gabriela.Mair@snt-world.com
www.snt-world.com

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market

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