EANS-News: SMT Scharf AG expands its presence in Ukraine

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Company Information

Hamm (euro adhoc) - September 23, 2011 - SMT Scharf AG (WKN 575198,
ISIN DE0005751986), the technology and world market leader for
rail-bound railway systems for the mining sector, has received two
orders in the Ukraine for monorail railways. These orders comprise a
total of five train sets for monorail railways, rail tracks and
related equipment. The orders are worth more than EUR 4 million
together. The train sets will be shipped and invoiced in the fourth
quarter of 2011 and in the first quarter of 2012.

SMT Scharf founded a joint venture in the Ukraine in June of this
year to provide local sales and service to the country's customers.
As part of the agreements with the respective customers, SMT Scharf
will establish a spare parts warehousing facility in the metropolitan
region of Donetsk, and employ service staff there. SMT Scharf already
operates a service location in the region in the Russian part of the
coal deposits near the Black Sea.

"We are pleased with the strong reception from the Ukrainian mine
operators," was how Dr. Friedrich Trautwein, CEO of SMT Scharf AG,
commented on the sales success. "We regard this as a sign that
productivity enhancement and operational safety are also being given
an increasing priority there. The mines cannot achieve these
objectives with cheap products."

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 eight
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