Ad-hoc | 12 September 2002 10:22

Init AG english

init decides repurchase of own shares Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– init decides repurchase of own shares The managing board of init innovation in traffic systems AG (WKN 575980) has decided according to § 71, Abs.1, Nr. 2 AktG to purchase up to 40.000 own shares. The shares are meant to be distributed as employee shares to employees and trainees of init innovation in traffic systems AG and its subsidiaries. In spring 2003 the managing board intends to offer these shares in accordance with § 19a EstG as an investment in the company. For further information please contact Mr. Bernd Gorenflo, telephone +49 / 721 / 61 00 358 or mail ir@initag.de end of ad-hoc-announcement (c)DGAP 12.09.2002 ——————————————————————————– WKN: 575980; ISIN: DE0005759807; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, München und Stuttgart 121022 Sep 02