Announcement S & T System Integration & Technology Distribution AG

According to Section 82 para. 8 of the Stock Exchange Act (BörseG)
and Section 4 para. 2 and 5 of “Veröffentlichungsverordnung”.

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shares

Vienna (euro adhoc) - The General Assembly of S&T System Integration
& Technology Distribution AG on May 7th, 2008 authorised a repurchase
programme according to Section 65 para. 8 AktG. The company may
repurchase up to 10% of its company´s own shares. The repurchase
price shall be between Euro 1,-- and Euro 150,-- per share. The
authorization starts with November 1st, 2008 and expires on October
31st, 2010. The respective resolution of the General Assembly was
announced on May 16th, 2008.

The Management Board decided on October 24th, 2008 to make use of
above authorization.

General information about the repurchase programme:

1. Duration of the repurchase programme: November 3rd, 2008 until June
30th, 2009
2. Stock category: no-par value shares of S&T System Integration &
Technology Distribution AG.
3. Planned volume: 100,000 no-par value shares of the holder - this
corresponds to approx. 2.8% of the nominal capital.
4. Repurchase price: The minimum repurchases price is set at Euro 1,-- per
share; the maximum repurchases price is set at Euro 150,--.
5. Purpose of the repurchases programme and method of repurchases of the
company´s own shares: the repurchased shares may be used for consideration in
future acquisitions. The repurchase of own company´s own shares will be carried
out on the Vienna Stock Exchange.
6. Economic implications: none.

The transactions within this repurchase programme and modifications
of the repurchase programme will be published on the internet website
of S&T System Integration & Technology Distribution AG
www.snt-world.com pursuant to Section 6 and 7 of
"Veröffentlichungsverordnung".

Vienna, 27th October 2008
The Management Board

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:

Mag. Gabriela Mair

Corporate Communications

mailto:gabriela.mair@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