Ad-hoc | 20 February 2003 08:30

AT&S AG english

Continuation of Share Repurchase Program Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Continuation of Share Repurchase Program AT&S AG, Leoben, Austria, February 20, 2003. A resolution passed by the 8th Annual General Meeting on July 5, 2002 authorized the Management Board to buy back up to 10% of the issued share capital (or 2.8mn shares, respectively) of AT&S Austria Technologie & Systemtechnik AG during a period of 18 months beginning on the day the resolution was passed. Management Board of AT&S has decided to make use of this authorization and the company will now continue the share repurchase program during the period from February 25, 2003 to January 5, 2004. Shares repurchased are to be used primarily for the purpose of fulfilling the company’s long-term employee incentive plan (stock option plan) or in the context of future acquisitions. Purchases will be made from time to time at the company’s discretion and subject to market conditions, and may be commenced or suspended without prior notice. Until December 31, 2002 a total of 2,141,900 shares or 7.65% of the issued share capital have already been repurchased. The legally required details of the share buy back program will be published in the Wiener Zeitung and the Frankfurter Allgemeine Zeitung as well as on our webpage at http://www.ats.net . If you have any inquiries please contact Manfred Weierer, Investor Relations Manager, Tel: +43-1-68300-9215 or +43-664-4616348, E-Mail: m.weierer@ats.net. end of ad-hoc-announcement (c)DGAP 20.02.2003 ——————————————————————————– WKN: 922230; ISIN: AT0000969985; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 200830 Feb 03