euro adhoc: Binder+Co Aktiengesellschaft / Buybacks / Share buy-back Binder+CO AG

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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19.05.2008

Share buy-back Binder+CO AG, ISIN Code AT000BINDER3:

SHARE BUY-BACK PROGRAMME from May 26, 2008 until September 26, 2010
Following the approval of a resolution by the 9th Annual General
Meeting of Binder+Co AG shareholders on March 26, 2008, the
Management Board was authorised for a period of 30 months, which will
expire on September 26, 2010, to repurchase company stock, whereby
the number of shares bought shall not exceed 10% of share capital and
the transaction value per purchased share be between EUR 10.00 and
EUR 20.00. This resolution was published on the Binder+Co website on
April 15, 2008.

On May 16, 2008, the Binder+Co AG Management Board decided to
implement this authorisation.

Information concerning the buy-back programme

Duration: May 26, 2008 until September 26, 2010 at the latest

Share category: ordinary shares

Planned volume: maximum of 375,000 ordinary shares, i.e. 10% of share
capital

Purchase price: according to the AGM resolution, the purchase price
per share shall be between EUR 10.00 and EUR 20.00.

Type of purchase: stock exchange

Purpose of purchase: Stock option programme - issue of the shares to
the workforce, executive management and members of the company´s
Management Board.

The Stock Option Programm is scheduled to last five years. The
following distribution is planned:

Management Board: 28,000 shares
Segment managers: 37,000 shares
Unit managers: 73,000 shares

Other employees: 166,000 shares

The share buy-back programme has no effect on the Binder+Co AG stock
exchange trading authorisation.

In accordance with §§ 6 and 7 of the Publication Directive, changes
and the transactions completed within the scope of the buy-back
programme will be published via the Internet on the Binder+Co AG
website under http://www.binder-co.com

end of announcement euro adhoc
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ots Originaltext: Binder+Co Aktiengesellschaft
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Karl Grabner, member of the Management Board

Tel.: 03112/800-363

Branche: Machine Manufacturing
ISIN: AT000BINDER3
WKN:
Index: mid market
Börsen: Wiener Börse AG / Regulated free trade


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