EANS-News: Schoeller-Bleckmann Oilfield Equipment AG / Publication in accordance with § 65 Abs. 1a AktG and § 82 Abs. 9 BörseG

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Buybacks

Ternitz (euro adhoc) - SCHOELLER-BLECKMANN OILFIELD EQUIPMENT
Aktiengesellschaft Ternitz

ISIN-Code AT0000946652

Publication in accordance with § 65 Abs. 1a AktG and § 82 Abs. 9
BörseG

At the Annual General Meeting of the shareholders of
SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft, FN 102999
w, located in 2630 Ternitz, Hauptstraße 2, held on 28 April 2010, the
following resolutions were made:

"a. the revocation of the authorization granted to the Executive
Board at the Annual General Meeting on 16 April 2008 to acquire own
shares pursuant to Articles 65 (1) (no 8) and (1a) and (1b) of the
Austrian Stock Corporation Act (AktG), together with the simultaneous
resolution on the authorization of the Executive Board to acquire,
within a period of 30 months commencing from the day of adoption of
the resolution, own shares of the Company pursuant to Article 65 (1)
(no 8) and (1a) and (1b) of the Austrian Stock Corporation Act
(AktG), up to a maximum of 10% of the issued share capital of the
Company, with the minimum price for the buy-back being EUR 1.00 and
the maximum price for the buy-back being EUR 100.00, as well as to
determine the terms and conditions of such buy-back, whereupon the
Executive Board is obliged to make public the respective resolution
it has adopted and the buy-back programme based on such resolution,
including its duration, in accordance with the applicable statutory
provisions. The authorisation may be exercised either fully or partly
and also in several partial amounts and in pursuance of one or
several purposes by the Company, by a subsidiary of the Company
(Section 228 (3) of the Austrian Commercial Code (UGB)) or by third
parties for the account of the Company. Trading in the Company´s own
shares shall not be a valid purpose for any buy-back under this
authorisation and, therefore, be prohibited;

b. The authorization of the Executive Board to withdraw and cancel,
or re-sell, the Company´s own shares acquired, without the
requirement of any further resolution to be adopted by the General
Meeting, and to determine the terms and conditions of re-selling the
shares. The authorization may be exercised either fully or in several
partial amounts and in pursuance of one or several purposes by the
Company, by a subsidiary (Section 228 (3) Austrian Commercial Code
(UGB)) or by third parties for the account of the Company."

This authorization supersedes the authorization granted at the Annual
General Meeting on 16 April 2008, agenda item 6, concerning the
acquisition and utilization of own shares. The authorization for the
usage of own shares refers not only to shares which will be acquired
in future but also to existing holdings.

Ternitz, April 29, 2010
The Executive Board

end of announcement euro adhoc
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ots Originaltext: Schoeller-Bleckmann Oilfield Equipment AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Gernot Bauer, Head of Investor Relations

Schoeller-Bleckmann Oilfield Equipment AG

A-2630 Ternitz, Hauptstraße 2

Tel: +43 2630/315 ext 250, fax: ext 501

e-mail: g.bauer@sbo.co.at

Branche: Oil & Gas - Upstream activities
ISIN: AT0000946652
WKN: 907391
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market