SMT Scharf receives major order from South Africa for EUR 4 million

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Hamm (euro adhoc) - Hamm, April 25, 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 an order from a
South African mining group for train formations for rail-bound railway systems.
The order consists of four electrically powered monorail hanging railways and
has a volume of more than EUR 4 million.

Because this customer has already been successfully running SMT Scharf train
formations in several of its mines during the last ten years, it decided to
deploy these systems again. The customer currently operates twelve SMT Scharf
train formations in its mines. The new train formations are expected to be
shipped successively from the fall of 2008. They will then be taken into
operation in 2008 and 2009 in a newly developed extraction field of an ore mine
in the greater Johannesburg region.

"This is our largest single order from South Africa for rail-bound railway
systems for several years. It clearly proves the success of our
internationalization, and also our diversification into ore mining, not to
mention our customers' satisfaction with our railways," enthused Dr. Friedrich
Trautwein, SMT Scharf AG's CEO. The new order underscores the forecast issued by
the Managing Board at the end of February; SMT Scharf is aiming to record
further growth in revenues and EBIT for the coming years.

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.

Further inquiry note:
Contact

Investor Relations
cometis AG
Henryk Deter
Tel.: +49(0)611 - 205855-13
Fax: +49(0)611 - 205855-66
e-mail: [email protected]

end of announcement euro adhoc
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emitter: SMT Scharf AG
Römerstr. 104
D-59075 Hamm
phone: +49(0)2381-960212
FAX: +49(0)2381-960311
sector: Machine Manufacturing
ISIN: DE0005751986
indexes:
stockmarkets: regulated dealing/prime standard: Börse Frankfurt, free trade:
Börse Berlin, Börse München
language: English

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