EANS-Adhoc: SMT Scharf AG restructures subsidiary in Germany´s Saarland region

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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02.10.2009

Hamm, October 2, 2009 - SMT Scharf AG restructures its subsidiary SMT Scharf
Saar GmbH (Neunkirchen). To this end, SMT Scharf Saar GmbH filed an insolvency
proceeding today. The Group´s Managing Board intends to restructure and then
continue the subsidiary via an insolvency plan. The subsidiary, which operates
almost exclusively in Germany, was not able to compensate for a significant
downturn in revenues in the third quarter of 2009 with short-term cost cuts. The
company´s contributions to consolidated revenues have already shrunk since the
earthquake in February 2008 which made it a burden on the group´s earnings since
then.

Continuing this company is not expected to impact consolidated revenues or
earnings considerably. If the company is not continued, the SMT Scharf Group´s
net earnings will be depressed by one-off write-downs of about EUR 0.5 million,
and revenues in 2010 would fall by approximately EUR 2 million.

Further inquiry note:
Kontakt

Investor Relations
cometis AG
Susanne Gremmler
Tel: +49(0)611 - 205855-23
Fax: +49(0)611 - 205855-66
e-mail: gremmler@cometis.de
Ende der Mitteilung euro adhoc
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issuer:   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: Frankfurt, free trade: Berlin,
München
language: English

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