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SinnerSchrader AG

SinnerSchrader: Additional information about the share repurchase programme

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
shares/Share repurchase programme
Corporate News
SinnerSchrader AG has made use of the authorisation granted to it by 
the shareholders' meeting of 23 January 2007 and, as resolved and 
announced by the Supervisory Board and Management Board on 12 July 
2007, launched a share repurchase programme on the stock market on 
the following day, 13 July 2007.
The share repurchase serves the purposes authorised by the 
shareholders' meeting, and therefore all of those permissible under 
section 71 subsection 1 no. 8, German Stock Corporation Act (AktG). 
Under the terms of this repurchase of treasury stock, the purchase 
price per share (excluding ancillary purchasing costs) may not be 
more than 10% above or below the average closing price on the Xetra 
index on the five trading days prior to the purchase.
The repurchases will be transacted in the period from 13 July 2007 to
31 August 2007, but none will be transacted after SinnerSchrader AG's
holdings of treasury stock will have reached the 10% threshold of 
common stock that had been determined at the shareholders' meeting. 
SinnerSchrader will provide information about the scope of the 
repurchases that were transacted, indicating the purchase dates, the 
number of shares and the prices at which the repurchases were made, 
within seven trading days at the latest, on its website 
www.sinnerschrader.de. The company will also report on the repurchase
programme within the scope of periodical financial reporting as well 
as at the next shareholders' meeting.
A bank was instructed to execute the purchase. The bank was bound to 
act in accordance with the trading conditions stipulated in Article 5
of Regulation (EC) No. 2273/2003 issued by the Commission on 22 
December 2003.
About SinnerSchrader SinnerSchrader has been a pioneer of innovative 
e-business since 1996. It is currently one of Germany's biggest 
e-business service providers. The company has 152 employees at its 
offices in Hamburg and Frankfurt, and has been listed since 1999.
Contact:
SinnerSchrader Aktiengesellschaft
Kirsten Schütt
Investor Relations
T +49. 40. 39 88 55-150, F +49. 40. 39 88 55-100
E-Mail:  ir@sinnerschrader.de
Martin Recke
Corporate Communications
T +49. 40. 39 88 55-181, F +49. 40. 39 88 55-100
E-Mail:  presse@sinnerschrader.de
www.sinnerschrader.de
end of announcement                               euro adhoc 18.07.2007 16:05:26

Further inquiry note:

Kirsten Schütt
Investor Relations
Telefon: +49 (40) 398855-150
E-Mail: k.schuett@sinnerschrader.de

Branche: Software
ISIN: DE0005141907
WKN: 514190
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Original-Content von: SinnerSchrader AG, übermittelt durch news aktuell

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