Heidelberg Financial Year 2006/2007: Targets Achieved - Further Improvement in Earning

Share buyback

On November 7, 2006, Heidelberger Druckmaschinen AG began a second share buyback program which plans up to five percent of the company’s capital stock - a maximum of 4,152,535 shares - to be repurchased on the stock market by January 2008 at the latest. By the end of the 2006/2007 financial year, on March 31, 2007, 2,419,422 shares had been bought back through this program. At the end of the financial year just closed, Heidelberg cancelled 3,322,658 shares from the first and second buyback programs. The company’s capital stock now amounts to 204,103,795.20 Euro and is divided into 79,728,045 bearer shares.