Successful staff bonus program to be continued

Bremen, February 12, 2004. Following on from the success of last year's staff bonus program, the Management Board of OHB Technology AG has decided to offer a further staff bonus program this year as well. The Company may buy back up to 10% of the Company’s own stock pursuant to the authorization granted by the shareholders at the annual general meeting on May 14, 2003. In this way, the Management Board is seeking to ensure that employees benefit from OHB Technology's success on a long-term basis.

The buy-back program will expire on November 13, 2004 and is to be implemented via the stock market as of today's date. In accordance with the resolution passed by the shareholders, the acquisition price per share will be based on the stock’s mean electronic XETRA closing price for the five trading days preceding the date of acquisition. The purchase price must not differ from the mean by more than five percent in either direction.

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ISIN: DE0005936124; WKN: 593612; Prime Standard