12.02.2007 |

2006: Another Successful Year for S&T

Organic growth of more than 18%

Turnover 2006: EUR 463 million (+30%)
Turnover 2007p*: EUR 530 million
EBIT 2006: EUR 12 million (+41%)
EBIT 2007p*: EUR 16 million

12 February 2007. S&T AG's preliminary results for 2006 are very clear: the Group, with a presence in 18 countries, looks back at another successful year. The increase in turnover and improvement in financial results for its business activities were both significant. More than half of the increase in turnover is due to organic growth. In 2006, its share price and market capitalisation increased by approx. 50%. In 2007, S&T continues its growth and takes its services and solutions business to the next level.
Preliminary results show a turnover of EUR 463 million for S&T AG in 2006. This is 30% more than the EUR 356 million in 2005. This big increase in turnover was mainly due to the organic growth in S&T's core business areas. For example, Business Solutions achieved a turnover of EUR 94 million for 2006 - a 42% increase when compared with the EUR 66 million it made in 2005. Another major factor was the acquisition of four companies during the course of the year. EBIT increased by 41%, from EUR 8.5 million in 2005 to EUR 12 million in 2006. Staff numbers increased from 1,923 (FTE) at the end of 2005 to 2,295 at the end of 2006. More than 700 of them work exclusively in Business Solutions.

Shares Going Up / Sharp Increase in Market Capitalisation

Whereas S&T's share price was EUR 26.46 (02.01.06) at the start of 2006, it had reached EUR 39.20 (28.12.06) at the end of the year, showing a 48% increase. At the start of 2007, following the announcement of S&T's takeover of Swiss SAP consultation company IMG, The Information Management Group, its share price soared again. Currently at EUR 48,50 (09.02.07) it is still going up. Analysts of the Erste Bank recently increased the target price to EUR 52. This also led to a steep increase in S&T's market capitalisation. While still at EUR 90.7 million in 2005, it increased by 54% to EUR 139.89 million in 2006, clearly continuing its uprise after the acquisition of IMG. Currently it is at EUR 173,07 million (09.02.07).

2007: Another Year of Growth

'S&T will also be a company aiming for growth in 2007. The aim is a clear focus on consultation and services businesses together with IMG AG, expansion through competence centres across the S&T Group, e.g. also in Near Shoring, and further development of our strong market position in the CEE and DACH (Germany, Austria, and Switzerland) regions. Additional acquisitions in the second part of 2007 are
not excluded,' says Christian Rosner, CEO of S&T AG. For 2007, S&T is expecting a turnover of EUR 530 million and an EBIT of EUR 16 million. As a result of taking over IMG, staff numbers will increase to 3,000, following approval by the competition authorities.

p = planned

Issuer: S&T System Integration & Technology Distribution AG
Geiselbergstrasse 17-19
Austria-1110 Vienna
Telephone: +43 1 367 80 88 0
Fax: +43 1 367 80 88 1099
Email: snt@snt-world.com
WWW: http://www.snt-world.com
Exchange: Vienna stock exchange
ISIN: AT0000905351
Indices: ATX Prime, ViDX, WBI
XETRA Vienna: SNT