DGAP-Adhoc: Founder Manfred Rietzler increases his stake in

SMARTRAC N.V. / Miscellaneous

10.11.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Amsterdam, November 10, 2008  The Dutch company SMARTRAC N.V. (stock
abbreviation SM7) today announces an increased position of the Management
in the company. In addition SMARTAC agrees to acquire the remaining 25% of
Sokymat Automotive GmbH from Padma Netherlands B.V., a company controlled
by Manfred Rietzler, CTO of SMARTRAC.

Founder Manfred Rietzler on Friday, November 7, 2008 purchased 412,000
shares of SMARTRAC in an off-market transaction at EUR 13.065 per share.
After the transaction, Manfred Rietzler holds a position in SMARTRAC of
15.11 % (2.040.000 shares), demonstrating his long-term commitment with the
company. CEO Dr. Christian Fischer and CFO Christian Uhl also increased
their positions in SMARTRAC. On Friday November 7, 2008, Dr. Christian
Fischer purchased an additional 60,000 shares at a price of EUR 13.065 in
an off-market transaction. On Friday November 7, 2008, Christian Uhl
purchased 28,000 shares at a price of EUR 13.065 in an off-market
transaction.

Together with Wolfgang Schneider (CSO), SMARTRAC´s Management currently
controls more than 20% of the shares, demonstrating their personal
involvement and strong commitment to the company.

In the context of increasing his position in SMARTRAC, Manfred Rietzler
agreed to sell his 25% stake of Sokymat Automotive GmbH to SMARTRAC. The
company decided it would awoke its right of first refusal to acquire the
25% which Manfred Rietzler intended to sell on the same terms and
conditions as the transaction signed on September 22, 2008 when SMARTRAC
purchased 75% of Sokymat Automotive GmbH. SMARTRAC´s Supervisory Board has
approved the transaction.

Please see full press release for additional information.


About SMARTRAC N.V.
SMARTRAC is a leading supplier of RFID (Radio Frequency Identification)
components for Standard and High Security product segments. In the Standard
segment, the company produces ready-made components for RFID applications
in public transport, access control, and logistics. In the High Security
segment, SMARTRAC is the global leader in high-quality RFID inlays for
passports with integrated, contactless chips (ePassports) and contactless
credit cards (ePayment). SMARTRAC was founded in 2000 and since going
public in July 2006 has been trading as a stock corporation under Dutch law
with its registered headquarters in Amsterdam. The company currently
employs some 2.800 employees around the globe.


Forward-looking statements
To the extent that this press release contains forward-looking statements,
such statements are based on assumptions, planning, and forecasts at the
time of publication of this press release. Forward-looking statements
always involve uncertainties. Business and economic risks and developments,
the conduct of competitors, political decisions, and other factors may
cause the actual results to be materially different from the assumptions,
planning, and forecasts at the time of publication of this press release.
Therefore, SMARTRAC N.V. does not assume any responsibility relating to
forward-looking statements contained in this press release. Furthermore,
SMARTRAC N.V. does not assume any obligation to update the forward-looking
statements contained in this press release.


Andreas Schwarzwälder
SMARTRAC N.V.
Investor Relations & Corporate Communications
Tel: +31 20 30 50 156
Email: investor.relations@smartrac-group.comDGAP 10.11.2008 
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Language:     English
Issuer:       SMARTRAC N.V.
              Strawinskylaan 851
              1077 XX  Amsterdam
              Niederlande
Phone:        +31 20 30 50 156
Fax:          +31 20 30 50 155
E-mail:       investor.relations@smartrac-group.com
Internet:     www.smartrac-group.com
ISIN:         NL0000186633
WKN:          A0JEHN 
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
End of News                                     DGAP News-Service
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DGAP-Adhoc: Founder Manfred Rietzler increases his stake in SMARTRAC to 15.1% / SMARTRAC agrees to acquire remaining 25% stake in Sokymat Automotive GmbH
