EANS-News: SMT Scharf AG lifts revenue and earnings in 2009

- Preliminary revenue up 7% to EUR 53.3 million

- EBIT margin of 14.2%

- Proposed dividend of EUR 0.70 per share

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Financial Figures/Balance Sheet/Preliminary figures

Subtitle: - Preliminary revenue up 7% to EUR 53.3 million
- EBIT margin of 14.2%
- Proposed dividend of EUR 0.70 per share

Hamm (euro adhoc) - February 5, 2010 - SMT Scharf AG (German
Securities Code (WKN) 575198, ISIN DE0005751986), technology and
world market leader for railbound railway systems for the mining
sector, increased its revenue and earnings in fiscal year 2009
according to preliminary figures. This went along with an expansion
of the international business. Over the year as a whole, the SMT
Scharf Group´s revenue increased by 7% from EUR 49.7 million to EUR
53.3 million. The proportion of revenue recorded outside Germany
accounted for 84% (previous year: 75%); business in China and South
Africa in particular enjoyed significant growth.

The SMT Scharf Group´s EBIT was up 3% to EUR 7.6 million (previous
year: EUR 7.4 million), which corresponds to a current EBIT margin of
14.2% (previous year: 14.9%). EBIT includes non-cash one-off expenses
of EUR 0.8 million in connection with the deconsolidation of SMT
Scharf Saar GmbH after this company filed an insolvency proceeding in
October 2009. The consolidated net income fell slightly from EUR 5.3
million to EUR 5.1 million due to a higher tax rate.

"We are pleased that our company has enjoyed such positive growth in
2009 despite the challenges posed by the economic crisis," commented
Dr. Friedrich Trautwein, SMT Scharf AG´s CEO on the figures. "The
past fiscal year once again proved that we are right on track with
our strategy of internationalization, and we have thus opened up
significant additional growth potential for our company. That is why
we are confident that we will be able to further increase our revenue
and earnings on average over the coming years."

The Managing and Supervisory Boards intend to propose to the General
Meeting for fiscal year 2009 to pay a dividend of EUR 0.70. This
corresponds to a 53% distribution rate. Based on the closing price of
SMT Scharf's shares on February 4, 2010, the dividend yield is 7.1%.

The full financial report for 2009 is expected to be published on
March 5, 2010, on the company's Website www.smtscharf.com in the
Investor Relations section.

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 80% of its revenues on high-growth foreign markets,
such as Russia, China and South Africa. The replacement parts and
repairs business constitutes about 40% 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
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ots Originaltext: SMT Scharf AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
München / free trade