SMT Scharf AG wins another key order from Russia for rack-and-pinion railways

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new product/Key order

Hamm (euro adhoc) - Hamm, September 22, 2008 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and
world market leader for rail-bound railway systems for the mining
sector, has received a further order totaling EUR 4 million for its
newly developed rack-and-pinion railway. A group of companies that
operates several hard coal mines in Russia placed an order with SMT
Scharf for four trains, tracks and additional equipment in
mid-September. The order is scheduled to be delivered in the first
half of 2009 and will thus also be reflected in revenues and earnings
that year.

This customer has already been successfully using SMT Scharf's
monorail hanging railways for several years. The rack-and-pinion
railways are to be used underground to accelerate and simplify the
transport of heavy roof-support units on inclines of more than 20%.
By using the rack-and-pinion railways, the customer avoids having to
reinforce the rock strata in the mines and makes optimum use of the
tunnels´ cross section. In addition, the customer has also secured
the possibility of refitting the rack-and-pinion railways to become
monorail hanging railways which can be used on other lines.

"We are very pleased that we have again been able to convince a
customer of our systems' high performance," commented Dr. Friedrich
Trautwein, SMT Scharf AG's CEO. "This order means that we have now
grown to become the market leader in this segment as well, just one
year after presenting our rack-and-pinion railway for the first time.
It again underscores that our international expansion strategy is
right - in particular in countries such as Russia, China and South
Africa."

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, China and Russia, as well as 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 70% of its revenues over the course of the year on
high-growth foreign markets, such as Russia, China and South Africa.
The replacement parts and repairs business constitutes around 50% 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.

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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Contact

Investor Relations

cometis AG

Susanne Gremmler

Tel.: +49(0)611 - 205855-23

Fax: +49(0)611 - 205855-66

e-mail: gremmler@cometis.de

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