Within the framework of a share buy-back program approved during the 2004 General Shareholders Meeting, SINGULUS TECHNOLOGIES in 2004 invested 24 million Euro to acquire 1,788,819 capital shares. 1,611,417 of these shares have been cancelled by 31.12.2004. As a result, share capital was reduced by 1,611,417 Euro to 35,569,389 Euro. The redemption increases earnings per share.
The share buy-back program will be continued through 28.02.2005. The price-per-share paid by SINGULUS TECHNOLOGIES on the date of acquisition may not exceed or fall below 5 percent of the opening value in Xetra trade on the Frankfurt stock exchange. All repurchased shares will be cancelled.
Starting January 2005, all transactions pertaining to the share buy-back program will be published weekly on the SINGULUS TECHNOLOGIES website under the “Investor Relations / Singulus Share� heading. Information on all transactions can also be obtained free of charge by contacting SINGULUS TECHNOLOGIES AG, Investor Relations, Hanauer Landstrasse 103, 63796 Kahl am Main, Fax No. +49 (0) 6188 - 440 110.