euro adhoc: SinnerSchrader AG / Buybacks / SinnerSchrader re-initiates its share repurchase programme

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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15.10.2008

The Management Board and the Supervisory Board of SinnerSchrader AG
have decided to re-initiate the share repurchase programme, which was
launched in July 2007 and expired on 30 June 2008.

On the basis of the authorisation granted by the Annual General
Meeting of 19 December 2007, SinnerSchrader AG will buy back its
shares on the market initially limited in time until 31 December
2008. The repurchases will, however, be stopped as soon as
SinnerSchrader AG's holdings of treasury stock reach 10 per cent of
common stock.

The programme serves the purposes authorised by the Annual General
Meeting and therefore all of the purposes permissible under Article
71 para. 1 No. 8 of the German Stock Corporation Act
("Aktiengesetz"). Under the terms of this repurchase of treasury
stock, the purchase price per share (excluding ancillary purchasing
costs) may not be more than 10 per cent above or below the average
closing price on the Xetra index on the five trading days prior to
the purchase.

A bank has been instructed to execute the repurchases. 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.

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 for investors
www.wkn514190.de. The company will also report on the repurchase
programme and its treasury stock within the scope of periodical
financial reporting as well as at the next Annual General Meeting.

About SinnerSchrader

SinnerSchrader is one of the leading interactive agencies in Germany.
SinnerSchrader develops interactive customer experiences that
radically deepen the relationships between brands and consumers.
SinnerSchrader was founded in 1996, has been quoted on the stock
exchange since 1999, and has over 200 employees at its Hamburg and
Frankfurt am Main sites.

Contact:
SinnerSchrader Aktiengesellschaft

Thomas Dyckhoff, CFO
T. +49. 40. 39 88 55-0

Martin Recke, Corporate Communication
T. +49. 40. 39 88 55-181

E-mail: ir@sinnerschrader.de
F. +49. 40. 39 88 55-100

end of announcement euro adhoc
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ots Originaltext: SinnerSchrader Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Thomas Dyckhoff

CFO

Telefon: +49(0)40 398855-150

E-Mail: t.dyckhoff@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