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06.11.2007 – 08:02

SMT Scharf AG

SMT Scharf presents new transport system at CHINA COAL & MINING EXPO 2007

Hamm (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
November 6, 2007 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986) will present its 
latest solution for demanding underground mining transportation tasks
- a rail-bound rack-and-pinion railway - at the mining technology and
equipment trade fair CHINA COAL & MINING EXPO 2007, together with its
tried-and-trusted diesel cats. This rack-and-pinion railway is geared
to deal with difficult mining situations and can cope with great 
loads and steep inclines.
This new railway's most striking feature is its versatility: It can 
be used as a rail-bound rack-and-pinion railway both on separate 
tracks and also as a climbing aid for normal mining trains equipped 
with flange wheels. The transport system can also be easily converted
into a suspended monorail. The engine unit can then be hung onto a 
rail and used for freight or passenger transport on other routes. The
railway is thus particularly interesting for use in hard coal mines 
where very heavy items of equipment have to be transported on a 
regular basis.
"We are very pleased to be able to present this highly future-proof 
railway to an international audience right in time for the exhibition
in China," commented Dr. Friedrich Trautwein, SMT Scharf AG's CEO. 
"Russia and China are two key high-growth markets for us. We are 
already the clear market leader on these markets, and we plan to 
further expand this position in the coming years." Trautwein added: 
"Our new products and the newly formed branch in China will allow us 
to realize further components of our expansion strategy. This is also
proved by the recent letter of intent for the sale of another diesel 
cat with a train formation."
CHINA COAL & MINING EXPO 2007 from November 6 to 9 is regarded as 
being the most important trade fair for mining technology and 
equipment in the People´s Republic of China. It is held every two 
years at the National Agricultural Exhibition Center in Beijing. In 
2005, 321 exhibitors from 18 countries and around 16,000 visitors 
participated in the exhibition.
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 and China, external employees in 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, 
end of announcement                               euro adhoc 06.11.2007 08:00:24

Further inquiry note:

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

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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