SMT Scharf AG concludes key lease in Poland

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industry/key lease

Hamm (euro adhoc) - February 16, 2009 - 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 concluded a key lease in Poland. The lease has a term of
four years and a volume of close to PLN 8 million (approx. EUR 1.7
million) including maintenance.

The lessee is a Polish operator of several hard coal mines. One of
the group's mines in the Upper Silesian coal basin will receive six
monorail hanging railways of type DZ 1500 as part of this agreement.
This customer has already been using SMT Scharf's monorail hanging
railways for several years, in parallel to trains from two
competitors. SMT Scharf's transport systems have proven to be highly
reliable and capable of bearing great loads in day-to-day operations,
with the result that the mine has now decided to use more of the
Company's trains.

"Our railway systems convinced this customer. So much so that they
have decided to use SMT Scharf again for their new trains. That is
great news - it's an excellent testimonial for the quality of our
products," commented Dr. Friedrich Trautwein, SMT Scharf AG's CEO.
"During our IPO in 2007 we announced that leasing would be a
component of our growth strategy. Of course we have concluded
numerous leases for individual trains over the past few years.
However, this order is of a whole new size, and it shows what the
future may bring. We are confident that this project will play a
pioneering role for other mines."

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.

end of announcement euro adhoc
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor relations

cometis AG

Susanne Gremmler

Phone: +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