PSI Software SE

Transaction in Own Shares • Oct 3, 2008

News Details

Ad-hoc | 3 October 2008 00:18

PSI AG Executive Board Decides on Share Buyback

PSI Aktiengesellschaft / 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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PSI AG Executive Board Decides on Share Buyback

The Executive Board of PSI AG (ISIN DE0006968225) decided on 2 October 2008
to buy back up to 800,000 of its own shares (this corresponds to ca. 6.6
percent of the capital stock) through the stock exchange in a first share
buyback.

The decision follows the authorization of the Annual General Meeting on 25
April 2008 for the buyback of own shares of up to 10 % of the capital
stock. The buyback program is limited to 31 March 2009. The shares may be
used for all the purposes authorized in the General Meeting on 26 April
2007. This includes in particular the redemption of the shares. The
purchase price per share may not exceed the closing price per share of the
Xetra trading system on the preceding day by more than 10 %, nor may it be
less than 20 % below the same price.

The current share price for PSI stock does not reflect the appropriate
value of the company and is much more attractive than the acquisition
targets being investigated at the moment. PSI has liquid funds of about
20.8 million euros (as of 30 September 2008). The annual operative
cash-flow 2008 exceeding that will be used for takeovers and buybacks.

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Information and Explaination of the Issuer to this News:

PSI AG develops and integrates individual solutions, on the basis of its
own software, for the management of energy networks (electricity, gas, oil,
heat, water), cross-company production management (steel, mechanical
engineering, automotive, logistics) and infrastructure management for
telecommunications, transport and safety. PSI was founded in 1969 and
currently employs 1,100 persons in the group. www.psi.de

PSI AG
Karsten Pierschke
Communications and Investor Relations
Dircksenstrasse 42-44
10178 Berlin, Germany

Tel. +49 30 2801-2727
Fax +49 30 2801-1000
E-mail: KPierschke@psi.de

03.10.2008 Financial News transmitted by DGAP

Language: English
Issuer: PSI Aktiengesellschaft
Dircksenstraße 42-44
10178 Berlin
Deutschland
Phone: +49 (0)30 2801-0
Fax: +49 (0)30 2801-1000
E-mail: ir@psi.de
Internet: www.psi.de
ISIN: DE0006968225
WKN: 696822
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf

End of News DGAP News-Service

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