SMT Scharf AG publishes H1 figures

- H1 revenue totals € 18.8 million, EBIT totals € 2.5 million
- Order book up by 72% year on year by 30 June
- Managing Board confirms full-year forecast

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finances/Quarterly report

Hamm (euro adhoc) - Hamm, 24 August, 2007 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology leader
and world market leader for rail-bound railway systems for the mining
sector, grew in line with forecasts in the second quarter of fiscal
year 2007. The growth strategy communicated as part of the IPO in
April of this year and the company's associated further
internationalisation are continuing to make progress. The Managing
Board has thus confirmed its forecast for full-year revenues and
profits. Revenues are supposed to exceed the figure for the previous
year and consolidated profit should be up slightly year-on-year.

SMT Scharf AG generated revenues of EUR 18.8 million in the first
half of 2007, after EUR 22.8 million in the previous year (-17%). At
the same time the order book enjoyed above average growth: it
amounted to EUR 20.6 million as at 30 June 2007, an increase of 72%
compared to one year ago (EUR 12.0 million). Profit from operating
activities (EBIT) amounted to EUR 2.5 million, after EUR 3.2 million
in the previous year (-22%). The EBIT margin fell slightly from 13.4%
to 14.1%. Consolidated profit totalled EUR 2.2 million (previous
year: EUR 2.4 million).

"We are experiencing strong demand in foreign high-growth markets,"
explained Dr. Friedrich Trautwein, SMT Scharf AG's CEO. However,
these regions are characterized by shorter lead times for projects
and a stronger overall focus on annual budgets. "This means that a
substantially larger proportion of revenues will be recorded in the
second half of the year than was the case last year."

Dr. Trautwein is confident that the downturn in German business to be
expected as a result of the German government's compromise on hard
coal mining will be more than compensated by continued rapid
expansion in fast-growing foreign markets. The major orders received
from Russia in the second quarter, including from the Severstal
Group, form solid foundations for the company to continue to grow
faster than the global market for mining technology on the whole,
which is enjoying dynamic growth.

The full report for the second quarter of 2007 will be published
during the course of today 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 and South Africa, external employees in China and 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 24.08.2007 08:00:05
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Contact

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