SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft

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Ternitz (euro adhoc) - SHARE BUYBACK PROGRAM

SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft

Publication in accordance with § 7 para 4 and § 7 para 2 L. 1 to 4
Veröffentlichungsverordnung 2002 (Regulation on Publications 2002)

Share Buyback Program 2007

SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft based in Ternitz, with
its registered address at 2630 Ternitz, Austria, Hauptstraße 2, FN (company
number) 102.999 w, announces that the share buyback program, announced June 8,
2007, has been completed.

Within the framework of the resolution passed by the Annual General Meeting of
SCHOELLER-BLECKMANN OILFIELD EQUIPMENT Aktiengesellschaft, which took place on
April 19, 2007, the Executive Board was authorized to buy back own shares
pursuant to § 65 Par. 1 L. 8 of the Stock Corporation Act at the highest legally
permissible level during a period of validity amounting to 18 months starting
with the day in which the resolution was passed. The value per share to be
acquired was not permitted to be below EUR 1 and not above EUR 100. This
resolution was published on April 23, 2007 on the Website of the company, at the
following Internet address: http://info.sbo.at.

Transactions Implemented:

Date: 21.1.2008
Number of shares: 48,298
Share of equity capital: 0.3018%
Highest value per share: 44.20
Lowest value per share: 41.50
Weighted average share price: 42.68
Value of shares acquired: 2,061,262.04
Inside / outside stock exchange --

Ternitz, 23.4.2008

Further inquiry note:
Gernot Bauer, Head of Investor Relations,
Schoeller-Bleckmann Oilfield Equipment AG, A-2630 Ternitz, Hauptstraße 2,
Tel: +43 2630/315 ext 250, fax: ext 101, E-mail: g.bauer@sbo.co.at

end of announcement euro adhoc
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emitter: Schoeller-Bleckmann Oilfield Equipment AG
Hauptstrasse 2
A-2630 Ternitz
phone: 02630/315110
FAX: 02630/315101
mail: sboe@sbo.co.at
WWW: http://info.sbo.at
sector: Oil & Gas - Upstream activities
ISIN: AT0000946652
indexes: WBI, ATX Prime, ATX
stockmarkets: official dealing: Wiener Börse AG
language: English

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