Bremen 07/11/2001. The executive board of OHB Teledata AG has decided to repurchase up to 75,000 shares. The authorization for this transaction was given by the general meeting of shareholders on January 23rd. 2001. The repurchase is limited until December 30th. 2001 and will be carried out as of today through the stock exchange.

Corresponding to the decision of the supervisory board, the purchase price per share will orientate itself on the average closing price at the XETRA trading of the past five trading days prior to the purchase. The purchase price may not differ from this price by more than five percent.

The executive board of OHB Teledata considers an investment in own shares to be advantageous. The repurchased shares will be held in the stock of OHB Teledata. The executive board reserves the right, to use the repurchased stocks for acquiring further participations. Concrete co-operation and acquisition projects are currently being evaluated.