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SMT Scharf AG wins orders in Russia for EUR 4.1 million

Hamm (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
finances/large order
Hamm, June 20, 2007 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), the world´s leading
provider of derailment-proof railway systems for the mining sector, 
has just received four orders from Russia with a combined volume of 
EUR 4.1 million. A total of seven train formations were ordered which
will transport equipment and staff underground. SMT Scharf AG will 
deliver one of these to a new customer it has successfully acquired 
in Eastern Siberia. The remaining six were ordered by three mining 
groups in the Russian Kuzbass basin, all of which are long-standing 
SMT Scharf customers.
The contracts were signed after the Ugol Rossii & Mining trade fair, 
which was held from June 5-8, 2007 in Novokuznetsk (Russia). "We are 
very pleased that this trade fair was such a success for us. These 
orders are a key achievement for our sales activities," explained Dr.
Friedrich Trautwein, SMT Scharf AG´s CEO, in view of the strategy the
company communicated during its IPO to drive its international growth
in the target markets like Russia and China.
The orders also include two train formations from the newly developed
"DZ 1800" series, which will be used in Russia for the first time. 
"Our customers place great importance on these systems´ high tractive
force; the trains thus have major advantages when it comes to 
transporting heavy loads," added Dr. Trautwein. The trains will be 
delivered between August and October. The new orders confirm SMT 
Scharf AG´s management´s expectations that the company will record 
increased revenues and earnings during the current fiscal year 2007.
Company profile
The SMT Scharf Group develops, builds and maintains derailment-proof 
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 and South Africa, external employees in China and Russia, and 
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 50% of its revenues abroad, in 2006 64% of order 
intake was from high-growth foreign markets such as Russia, China and
South Africa. The replacement parts and repairs business constitutes 
around 55% 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 20.06.2007 08:00:11

Further inquiry note:

Contact

Investor relations
cometis AG
Henryk Deter
Tel.: +49(0)611 - 205855-13
Fax: +49(0)611 - 205855-66
e-mail: deter@cometis.de

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

Original content of: SMT Scharf AG, transmitted by news aktuell

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