EANS-General Meeting: S&T System Integration&Technology Distribution AG / Invitation to the General Meeting

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General meeting information transmitted by euro adhoc. The issuer is
responsible for the content of this announcement.
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S & T System Integration & Technology Distribution AG
Vienna, FN 47292 y

Invitation

We hereby invite our shareholders to the 19th ordinary general
assembly of S & T System Integration & Technology Distribution AG on
Wednesday, 19 May 2010, at 10.00 a.m., at the premises of Erste Group
Bank AG, 1010 Vienna, Petersplatz 7/6. floor.

Agenda

1. Presentation of the financial statements, including directors' report
and corporate governance report, of the consolidated accounts and consolidated
directors' report, the proposal for the appropriation of profits and the
supervisory board's report for the fiscal year 2009

2. Resolution on the appropriation of net profits for the year

3. Resolution on the discharge of the members of the managing board for the
fiscal year 2009

4. Resolution on the discharge of the members of the supervisory board for
the fiscal year 2009

5. Resolution on the compensation for the members of the supervisory board

6. Election of the auditor for the Company's financial statements and
consolidated financial statements for the fiscal year 2010

7. Resolution on amendments of the articles of association, including but
not limited to adjustments to changes in legislation (Stock Corporation
Amendment Act 2009)

8. Resolution on the managing board's authorization, valid from 1 November
2010 to 31 October 2012, to purchase treasury shares of up to 10% of the
Company's share capital pursuant to Section 65 (1) (8) Stock Corporation Act

9. Resolution on the managing board's authorization, with the
consent of the supervisory board, to adopt for the purpose of
reselling these treasury shares a form of sale other than through the
stock exchange or by virtue of a public offer, this pursuant to
Section 65 (1b) Stock Corporation Act without further resolution of
the general assembly and to the exclusion of the shareholders'
subscription rights

DOCUMENTS FOR THE GENERAL ASSEMBLY

The following documents can be inspected at the Company's premises at
1110 Vienna, Geiselbergstraße 17-19/Stiege 3, Investor Relations, Mr.
Michael Dvorak, beginning on 28 April 2010:

• financial statements including directors' report,
• corporate governance report,
• consolidated financial statements, including consolidated directors'
report,
• proposal for the appropriation of net profits
for the fiscal year 2009;
• proposed resolutions on items 2 - 9 on the agenda,
• managing board's report on TOP 8 "Purchase of treasury shares",
• articles of association, with proposed amendments being highlighted.

These documents as well as the full text of this notice and the forms
to be used to grant and revoke power of attorney pursuant to Section
114 Stock Corporation Act are available beginning on 28 April 2010
and can be obtained also through the internet at http://www.snt-world
.com/investors/annual_general_meetings/2010/70325.de.php as well as
at the general assembly.

REFERENCE TO SHAREHOLDERS' RIGHTS PURSUANT TO SECTIONS 109, 110 AND
118 STOCK CORPORATION ACT

Shareholders whose combined shares amount to 5% of the share capital
and who have held these shares at least three months before making
the request can request in writing that additional items be put on
the agenda of this general assembly and be published, provided that
such a written request is received at the Company's address at 1110
Vienna, Geiselbergstraße 17-19/Stiege 3, for the attention of Ms.
Dagmar Lukanec, Group Legal Counsel, on or before 28 April 2008. Any
such request to add another item to the agenda must be accompanied by
a proposed resolution along with a statement of reasons. In case of
deposited bearer shares, the shareholding as of the record date may
be evidenced through a safe custody receipt pursuant to Section 10a
Stock Corporation Act, which confirms that the shareholders making
the request have held the relevant shares at least three months prior
to that request; that receipt must not be older than seven days when
submitted to the Company. The other requirements applicable to safe
custody receipts are described in connection with the explanations on
a person's eligibility to attend the assembly.

Shareholders whose combined shares amount to 1% of the share capital
may submit written proposals for resolution, along with statements of
reasons, with respect to any item on the agenda, and request that
these proposals and statements of reason, along with commentaries of
the managing board or the supervisory board, if any, be made
available at the Company's website, provided that this written
request is received by the Company on or before 7 May 2010 either by
telefax at +43 (0)1 8900 500-54 or at 1110 Vienna, Geiselbergstraße
17-19/Stiege 3, for the attention of Ms. Dagmar Lukanec, Group Legal
Counsel. In case of deposited bearer shares, the shareholder status
which is necessary for exercising this right may be evidenced through
the presentation of a safe custody receipt pursuant to Section 10a
Stock Corporation Act, which may not be older than seven days when
presented to the Company. The other requirements applicable to safe
custody receipts are described in connection with the explanations on
a person's eligibility to attend the assembly.

Upon request of a shareholder at the general assembly, such
shareholder must be informed on the Company's affairs, provided that
this is required for an appropriate evaluation of an item on the
agenda. Information may be refused if, according to reasonable
entrepreneurial judgment, it would be fit to inflict upon the Company
or any of its affiliates, a substantial disadvantage or if the
disclosure of that information would carry criminal sanctions.

Any questions that will take longer to answer should be directed to
the Company in due time prior to the shareholders' meeting either by
fax to +43 (0)1 8900 500-54 or to 1110 Wien, Geiselbergstraße
17-19/Stiege 3, for the attention of Ms. Dagmar Lukanec, Group Legal
Counsel, in order to ensure that the general assembly can take place
smoothly.

Further information about these shareholder rights defined in
Sections 109, 110 and 118 Stock Corporation Act are available
immediately on the Company's website at http://www.snt-world.com/inve
stors/annual_general_meetings/2010/70325.de.php.

RECORD DATE AND ATTENDANCE OF THE GENERAL ASSEMBLY

By virtue of the changes of the Stock Corporation Act introduced by
the Stock Corporation Amendment Act 2009, those terms and conditions
of the Company's articles of association that govern notices to the
general assembly, the deposit of the shares for and attendance of and
voting rights at the general assembly are not applicable. The right
to attend the general assembly and to exercise the voting right and
the other shareholders rights to be asserted in the course of the
general assembly depend on the shareholding held upon the expiry of 9
May 2010 (Record Date).

Only persons who are shareholders on the Record Date and provide
evidence therefor shall be entitled to attend the general assembly.

Deposited bearer shares

In case of deposited bearer shares, the shareholding as of the Record
Date may be evidenced by a safe custody receipt pursuant to Section
10a of the Stock Corporation Act, which is received by the Company on
or before 14 May 2010 exclusively at one of the addresses stated
below:

Via surface mail S & T System Integration & Technology
Distribution AG

attn: Ms. Dagmar Lukanec
Group Legal Counsel
Geiselbergstraße 17-19/Stiege 3
1110 Vienna

Via fax +43 (1) 8900 500 - 54

Safe custody receipt pursuant to Section 10a Stock Corporation Act

The safe custody receipt must be issued by the depositary bank
domiciled in a Member State of the European Economic Area or a full
member of the OECD and must contain the following information:

• Information on the issuer: name/name of company and address or a code
used for transactions between banks (SWIFT code),
• Information on the shareholder: name/name of company, address, date of
birth for individuals, register and registry number for legal entities, if
applicable,
• Information on the shares: number of the shares held by the shareholder
or, in case of shares with a face value, the face value, in case of several
share classes, the name of the class or the international securities
identification number;
• Deposit number and/or another description,
• Point in time to which the safe custody receipt refers.

The safe custody receipt as evidence for the shareholding must refer
to the Record Date stated above, i.e. 9 May 2010.

The safe custody receipt will be accepted in German or in English.

The shareholders shall not be blocked due to their registration for
the general assembly and/or the transmission of a safe custody
receipt; therefore, shareholders may still freely dispose of their
shares even after they are registered and/or transmitted a safe
custody receipt.

REPRESENTATION BY PROXY

Every shareholder who is eligible to attend the general assembly may
appoint a representative who will attend the general assembly on
behalf of that shareholder and will have the same rights as that
shareholder whom he represents.

The power of attorney must be issued in writing to a particular
person (an individual or legal entity), although several persons may
be appointed as proxies.

That power of attorney must be received by the Company at any of the
following addresses:

Via surface mail S & T System Integration & Technology
Distribution AG

attn: Ms. Dagmar Lukanec
Group Legal Counsel
Geiselbergstraße 17-19/Stiege 3
1110 Vienna

Via fax +43 (1) 8900 500 - 54

By hand delivery: upon registration for the general assembly at the
place of that assembly

A proxy form and a form for a revocation of that proxy will be sent upon request
and are available at the Company's website at
http://www.snt-world.com/investors/annual_general_meetings/2010/70325.de.php.

Unless that power of attorney is delivered personally on the day of
the meeting upon registration, that power of attorney must be
received by the Company on or before 18 May 2010, 4 p.m.

The above provisions on the granting of a power of attorney shall
apply by analogy also to any revocation thereof.

Power of attorney may not be granted to members of the managing board
or the supervisory board.

Exclusion of SWIFT

Pursuant to Section 262 (20) Stock Corporation Act, it is hereby
determined that in derogation of the second sentence of Section 10a
(3) Stock Corporation Act, the Company will not accept safe custody
receipts and statements pursuant to Section 114 (1), fourth
sentence, Stock Corporation Act through an international,
specifically secured communications network of banks, the
participants of which cannot be clearly identified.

Total number of shares and interim certificates

On the day the general assembly is convened, the Company's stated
capital amounts to nominal EUR 7,170,034 and is divided into
3,585,017 share units. Each share grants one vote. On the day the
general meeting is convened, the Company holds 20,286 treasury
shares. The Company cannot derive any rights from those treasury
shares. On the day the general assembly is convened, there are in
total 3,564,731 shares eligible to attend and vote at the assembly.

To allow a smooth control of entry to the location, the shareholders
are asked to arrive at the place of the general assembly in due time
before its commencement. Shareholders are asked to present an
official and valid photo ID.

Admission to collect the voting cards starts at 9 a.m.

Vienna, April 2010

The Managing 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. Michael Dvorak

Head of Investor Relations

T: +43 1 367 80 88 1020

Mobil: +43 664 60191 1020

michael.dvorak@snt-world.com

www.snt-world.com

Branche: Computing & Information Technology
ISIN: AT0000905351
WKN:
Index: WBI, ATX Prime
Börsen: Wien / official market