euro adhoc: S&T System Integration&Technology Distribution AG / quarterly or semiannual financial statement / S&T: IT consulting and solutions business records +55% growth in Q1 2008, EBIT up 40%

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3-month report

28.04.2008

Sales Q1 2008: EUR116.6m (+12%)
EBIT Q1 2008: EUR2.2m (+40%)
EBITDA Q1 2008: EUR4.1m (+30%)

April 29, 2008. The S&T Group achieved remarkable results in Q1 2008:
Overall sales rose 12% to EUR116.6m, and sales in the Business
Solutions area rocketed an outstanding +55%. EBIT increased to
EUR2.2m. EBITDA also rose by +30% to EUR4.1m. S&T stock performed
well despite challenging market conditions - in March the share price
rose +7.4% to outperform all other shares of the ATX Prime Index.

The success of the S&T Group´s strategy has been confirmed by the IT
consulting and solution provider´s Q1 2008 results. The company has
been pushing its consulting, solutions and service operations as they
are less affected by seasonal influences than the IT infrastructure
business. During the traditionally weak business period at the start
of the year, S&T recorded growth in sales of 12% and EBIT growth of
40%. As expected, after record results in the 4th Quarter of 2007 and
for the 2007 financial year as a whole, S&T´s growth is set to
continue. S&T has won new and strategically important business. At
the same time other contracts were successfully completed and solid
foundations were laid for another successful year in 2008.

A boom in IT consulting and solutions The IT consulting and solutions
area of the business recorded particularly outstanding results in the
1st Quarter of 2008 - rising 55% to EUR34.6m. By 2010, the company
plans to generate more than 60% of its sales from both this and the
Managed Services business areas. Particularly in the DACH region S&T
has achieved in the managed services business area a good market
position by assuming responsibility for the servicing of entire IT
areas. Numerous large contracts in this area in Q1 led to an organic
sales growth of 18% to EUR23m. One contract alone was worth EUR1.8m:
The S&T Group was contracted by ISS Facility Services to manage the
planning, implementation and servicing of a data center, as well as
the IT setup for 450 workstations and 140 printers at 51 ISS
locations. In addition, January saw S&T begin work on the
implementation of a multi-million euro Managed Desktop Service
contract in 14 countries for OMV. As expected, Q1 also saw the
Enterprise Systems business area with sales of EUR59m demonstrating
robust and profitable performance.

Outlook 2008 The outlook for the 2008 financial year remains
unchanged: S&T anticipates sales of between EUR560m and EUR580m, and
EBIT of between EUR15m and EUR17m.

About S&T - www.snt-world.com - XETRA Vienna With more than 3,100
employees and 522.2 million euros of sales in 2007, S&T is the
leading provider of IT consulting, IT solutions and IT services to
customers in Central and Eastern Europe, the DACH region
(Germany-Austria-Switzerland), Japan and China. With around 70 branch
offices in 22 countries, the Group has established a successful
international presence. S&T´s core business is IT consulting as well
as the development, rollout and operation of customized IT solutions,
processes and systems. The company provides large and medium-sized
enterprises with support along the entire IT value chain. S&T´s
target customers are active in the manufacturing, financial services,
trade and telecommunications sectors as well as in public
administration and utilities. Headquartered in Vienna, Austria, S&T
AG has been listed on the Vienna Stock Exchange since 2003.

end of announcement euro adhoc
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ots Originaltext: S&T System Integration & Technology Distribution AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Dkfm. Armin Baltzer

Investor Relations

mailto:armin.baltzer@snt-world.com

S&T System Integration &

Technology Distribution AG

Geiselbergstraße 17-19

1110 Vienna, Austria

Phone: +43 1 367 80 88

mailto:snt@snt-world.com

www.snt-world.com

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