NorCom Information Technolgoy GmbH & Co. KGaA

Transaction in Own Shares • Jul 2, 2007

News Details

Ad-hoc | 2 July 2007 11:08

NorCom Information Technology AG: Stock Byback Program

NorCom Information Technology AG / Share Buyback

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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NorCom AG launching stock buyback program

• Up to 3 percent of the Company’s share capital to be acquired

Munich, July 2, 2007 – The Management Board of NorCom Information
Technology AG (Stefan-George-Ring 23, 81929 Munich, ISIN: DE000 525 0302)
has passed a resolution to implement a stock buyback program utilizing the
authorization granted by the shareholders on June 14, 2007, which permits
NorCom AG to buy back its own stock by December 13, 2008.

Under the program, a maximum of three percent of the Company’s share
company, equivalent to 318,785 shares, is to be bought back by December 31,
2007.

The transaction is being arranged via a bank to ensure compliance with the
safe-harbor provisions contained in the German Securities Trading Act and
EU Regulation 2273/2003 of December 22, 2003.

The stock is being bought back for the purpose specified in the resolution
passed by the shareholders and will be primarily used as an acquisition
currency in connection with corporate mergers and acquisitions.

The buyback will be executed via the stock market, with all transactions to
be reported at NorCom AG’s website on a weekly basis after completion.

NorCom Information Technology AG, Stefan-George-Ring 23, 81929 Munich

Stefanie Zimmermann – Investor Relations
Tel +49 – 89 – 93948-248
Fax +49 – 89 – 93948-111
mailto:aktie@norcom.de

DGAP 02.07.2007

Language: English
Issuer: NorCom Information Technology AG
Stefan-George-Ring 23
81929 München Deutschland
Phone: +49 (0)89 93948-248
Fax: +49 (0)89 93948-111
E-mail: aktie@norcom.de
Internet: www.norcom.de
ISIN: DE0005250302
WKN: 525030
Indices:
Listed: Geregelter Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Düsseldorf, Stuttgart, München, Hamburg

End of News DGAP News-Service

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