Heidelberger Druckmaschinen Concludes 150 Million Euro Share Buyback Program

Heidelberger Druckmaschinen AG (Heidelberg) has concluded the share buyback program begun on November 9, 2005. On the basis of the authorization granted by the Annual General Meeting of July 20, 2005, a total of 4,295,424 shares or five percent of the capital stock were bought back by July 26, 2006, at an average price of 35.00 Euro. This amounts to a total figure of 150,349,212.29 Euro.
 
On March 31, 2006, a total of 2,857,777 no-par bearer shares (3.3 percent of outstanding shares) were withdrawn by means of a simplified capital retirement process in compliance with the German Stock Corporation Act, Section 71, para. 1, no. 8 sentence 6. After completion of the share buyback program, Heidelberger Druckmaschinen AG holds 1,384,424 of its own shares (1.67 percent of outstanding shares).
 
For further information:
Heidelberger Druckmaschinen AG
Investor Relations
Dirk Kaliebe
Tel.: +49 (0)6221 92 60 20
Fax: +49 (0)6221 92 60 61
E-mail: dirk.kaliebe@heidelberg.com