SMT Scharf AG wins key order for rack-and-pinion railways

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Hamm (euro adhoc) - Hamm, August 13, 2008 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and
world market leader for rail-bound railway systems for the mining
sector, has received a further order for its newly developed
rack-and-pinion railway from Russia. The first order from a Russian
customer was received back in May, and the operator of another hard
coal mine in Russia has now also decided to use this technology. The
customer gave SMT Scharf the order for the delivery of two train
formations, rails and additional equipment with a value of more than
EUR 2 million. The railways are to transport heavy shield support
units on inclines of up to 30 degrees. This customer has already been
successfully using SMT Scharf's monorail railways for several years.

Parts of the order are expected to be shipped this year. SMT Scharf's
rack-and-pinion railways are tailored to transport heavy loads under
particularly difficult mining conditions and are characterized by
their versatility: They can be used both as a rail-bound
rack-and-pinion railway as well as a climbing aid for normal mine
railways. In addition, they can easily be converted into monorail
hanging railways.

"We are very pleased that our rack-and-pinion railway, that we first
presented to the specialist public last November, has convinced our
customers in a very short time," commented Dr. Friedrich Trautwein,
SMT Scharf AG's CEO. "This order and the ongoing negotiations with
other customers reinforce our opinion that this product offers key
potential for us."

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, China and Russia, as well as 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 70% of its revenues in high-growth foreign markets such as
Russia, China and South Africa. The replacement parts and repairs
business constitutes around 50% 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.

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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Contact

Investor Relations

cometis AG

Susanne Gremmler

Tel.: +49(0)611 - 205855-23

Fax: +49(0)611 - 205855-66

e-mail: gremmler@cometis.de

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