SMT Scharf AG publishes Q3 figures

- 25% revenue growth achieved in Q3
- EBIT margin improved to 16.1% in 9-month comparison
- Managing Board confirms full-year forecast

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Hamm (euro adhoc) - November 9, 2007 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and
world market leader for rail-bound railway systems for the mining
sector, enjoyed highly positive growth in Q3 2007 in line with
forecasts. Revenues during this period were up 25% to EUR 16.7
million compared to EUR 13.4 million last year. Revenues totaled EUR
35.5 million in the first nine months (previous year: EUR 36.2
million). 71% of revenues were recorded abroad in the first three
quarters compared to 50% in the previous year, primarily as a result
of several large orders from Russia.

Profits from operating activities (EBIT) amounted to EUR 3.2 million
in the third quarter, after EUR 2.3 million in the previous year
(+37%), taking accumulated EBIT to EUR 5.7 million (previous year:
EUR 5.6 million). The EBIT margin increased from 15.3% to 16.1% in a
9-month comparison. Net income after the first nine months was EUR
4.6 million (previous year: EUR 3.5 million). Part of this increase
is due to a reduction in deferred taxes.

"The third quarter enjoyed the increased sales we had forecast,"
explained Dr. Friedrich Trautwein, SMT Scharf AG's CEO. "Many of the
projects for which we engaged in advance production during the first
half of the year generated revenues and earnings in the third
quarter. The fourth quarter will continue this development since our
order book is significantly higher than a year ago." The growth
strategy communicated as part of the IPO in April of this year and
the company's associated further internationalization are thus
continuing to make progress. The Managing Board has confirmed its
sales and earnings forecast for fiscal year 2007: revenues will be up
on the previous year, with earnings up slightly year-on-year.

In addition, the Managing Board believes that SMT Scharf AG will be
able to more than compensate for the downturn in its German business
as a result of the government's hard coal compromise in the coming
years thanks to its continued rapid expansion into high-growth
foreign markets.

The full report for the third quarter of 2007 will be published on
November 14, 2007 at www.smtscharf.com ("Investor Relations"
section), where it can be downloaded.

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 and China, external employees in Russia, and
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 50% of its revenues abroad, in 2006 64% of order
intake was from high-growth foreign markets such as Russia, China and
South Africa. The replacement parts and repairs business constitutes
around 55% 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 09.11.2007 08:00:47
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Investor relations
cometis AG
Henryk Deter
Tel.: +49(0)611 - 205855-13
Fax: +49(0)611 - 205855-66
e-mail: deter@cometis.de

Branche: Machine Manufacturing
ISIN: DE0005751986
WKN: 575198
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse München / free trade