DGAP-Adhoc: SMARTRAC N.V.: SMARTRAC signed EUR 65 million multicurrency credit facility until June 30, 2012

SMARTRAC N.V. / Capital Reorganisation

14.07.2009 

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, July 14, 2009 - The TecDAX listed company SMARTRAC N.V. today
announces that it has completed its first transaction in the syndicated
loan market. The company signed an agreement on a syndicated EUR 65 million
multicurrency credit facility provided by Deutsche Bank and Berenberg Bank.
The new credit facility will replace the existing bridge financing
facility. The availability period of the new credit facility is until June
30, 2012. SMARTRAC intends to use EUR 50 million of the new facility to
refinance the usage of the bridge financing facility related to the
acquisition of Sokymat Automotive GmbH signed in September 2008. The
remaining EUR 15 million of the facility provide financial flexibility for
SMARTRAC's growth strategy, both organic and by acquisition.

Deutsche Bank AG, Filiale Deutschlandgeschäft and Deutsche Bank Luxembourg
S.A. have acted as Mandated Lead Arranger and Agent for the multicurrency
facility.

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Information and Explaination of the Issuer to this News:

'We have successfully diversified our debt financing with our banking
partners. We are pleased to strengthen our financing flexibility and to
successfully transfer our one year bridge financing facility into a
mid-term credit facility', said Dr. Christian Fischer, CEO of SMARTRAC.
'Based on our strong RFID business model and our solid financial structure,
the agreed credit facility will support our strategic development along our
growth objectives'.

Andreas Schwarzwälder
Investor Relations 
Tel: +31 20 30 50 156
Email: andreas.schwarzwaelder@smartrac-group.com




DGAP 14.07.2009 
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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 
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Stuttgart
 
End of News                                     DGAP News-Service
 
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