EANS-News: SMT Scharf AG publishes figures for the first half of 2009

- Revenue in the first six months of 2009 up 38% to € 24.8 million

- EBIT lifts 132% to € 3.6 million

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finances/6-month report

Hamm (euro adhoc) - August 14, 2009 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and
global market leader for rail-bound railway systems for the mining
sector, has successfully boosted its international business
activities in the first half of 2009. This has led the SMT Scharf
Group to increase its revenue to EUR 24.8 million compared to EUR
18.0 million in the previous year (+38%). At the same time, the
proportion of revenues generated outside Germany rose to 77% from the
previous year´s figure of 67%.

The first three months of 2009 had already been marked by contracts
from customers in countries such as China and South Africa. The
second quarter followed a similar pattern, with the SMT Scharf Group
again attracting great interest from the aforementioned countries in
particular. For instance, SMT Scharf was awarded major orders from
new and existing customers in China, some of whom required short-term
deliveries. A number of trains ordered in the previous year by South
African customers went into operation this year. The Russian market
also showed initial signs of a recovery. SMT Scharf managed to obtain
the first new contracts there after months of near-zero investment by
Russian mine operators.

As a result, the profit from operating activities (EBIT) for the
first six months rose to EUR 3.6 million, a 132% improvement on the
previous year´s figure of EUR 1.5 million. This represents an EBIT
margin of 14.4% compared to 8.6% in the first half of 2008. Measures
taken to contain personnel costs and other operating expenditure were
of central importance to this growth. This enabled the group to
neutralise the effects of unfavourable exchange rate developments.

"We got off to a good start in 2009 and have been able to continue in
the same vein in the second quarter. The fact that our revenue from
foreign markets is increasing demonstrates that our chosen strategy
of expansion will pay off in terms of further long-term growth,"
comments Dr. Friedrich Trautwein, CEO of SMT Scharf AG. He adds: "It
is still very difficult to predict how demand for commodities and
thus also our customers´ investments will develop over the next
couple of months. However, despite some set-backs, the business
successes we enjoyed in 2008, as well as the positive developments of
the past few months, reinforce our expectations that we can continue
to increase the SMT Scharf Group´s revenues and earnings on average
over the coming years."

The full financial report for the first half of 2009 will be
available for download during the course of the day in the `Investor
Relations´ area on the www.smtscharf.com website.

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 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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
München / free trade