EANS-News: SMT Scharf AG receives EUR 3 million order from China

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Company Information

Hamm (euro adhoc) - June 17, 2011 - SMT Scharf AG (WKN 575198, ISIN
DE0005751986), technology and global market leader for rail-bound
railway systems for the mining industry, has received a significant
order from a Chinese mining group. It comprises three train sets for
monorails, tracks and related equipment, and has a total value of
more than EUR 3 million. Delivery will be as early as the third and
fourth quarters of 2011, thereby allowing the order to become
effective in terms of revenue and earnings in the current financial
year.

The train sets are to supply two excavation points in a hard coal
mine in Anhui province with materials. This will entail commanding
gradients of about 15 degrees on a track with a total length of 6 km.
SMT Scharf has developed the DZ 2200 type locomotive for such
conditions. This locomotive achieves higher tractive power than any
other product available on the market. The mining group intends to
deploy these locomotives as its standard underground transportation
technology in the future.

"We are pleased to have convinced a further customer of the superior
performance data of our machines," as Dr. Friedrich Trautwein, CEO of
SMT Scharf AG, comments on the sales success. He also identifies
further growth opportunities: "Demand for particularly
high-performing locomotives is growing in both China and Russia - and
SMT Scharf AG products meet these requirements optimally. With these
strengths we have achieved a clear and unique selling point."

Company profile

The SMT Scharf group develops, builds and maintains transportation
equipment for mining and tunneling. The main product area is
rail-bound railways which are used all over the world, primarily in
hard coal mines and underground mining for gold, platinum and other
metals. They are used to transport material and personnel with
working loads of up to 45 tons. Rail-bound railways are the only
means of underground transport that can be used on branching lines to
cope with inclines of more than 13 degrees. SMT Scharf´s other key
products are roadheaders, equipment for tunnel support and
chairlifts. The SMT Scharf Group has its own companies in seven
countries as well as additional dealerships worldwide. SMT Scharf
records more than 80% of its revenue in high-growth foreign markets,
such as Russia, China and South Africa. Business with spare parts and
repairs accounts for around 40% of revenue. The entire market for
underground transport technology comprises EUR 5 billion to EUR 7
billion per year according to the company´s estimates. SMT Scharf AG
has been listed in the Prime Standard (Regulated Market) of the
Frankfurt Stock Exchange since April 11, 2007.

Further inquiry note:
Investor Relations

cometis AG
Dominic Großmann
Tel: +49(0)611 - 205855-15
Fax: +49(0)611 - 205855-66
e-mail: grossmann@cometis.de

end of announcement euro adhoc
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company: SMT Scharf AG
Römerstr. 104
D-59075 Hamm
phone: +49(0)2381-960212
FAX: +49(0)2381-960311
mail: ir@smtscharf.com
WWW: http://www.smtscharf.com
sector: Machine Manufacturing
ISIN: DE0005751986
indexes: CDAX, Classic All Share, Prime All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English