ELMOS starts repurchase of shares

Corporate news announcement processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- -------------- Dortmund: The General Meeting of ELMOS Semiconductor AG, Dortmund, authorized the Management Board to acquire the company's own shares up to an amount of 10 percent of the share capital until November 9, 2008 by shareholders' resolution of May 10, 2007. The Management Board decided to begin with the repurchase of stock on January 30, 2008. It is intended to repurchase altogether up to 50,000 own shares (ISIN DE0005677108), or 0.26 percent of the share capital. Based on the present share price level (as of January 29, 2008, closing price Xetra), this volume equals a maximum purchase price of 300,000 Euro. The repurchase of stock is scheduled to be completed by March 31, 2008. The acquisition of stock is realized on the stock exchange and in accordance with Commission Regulation (EC) No. 2273/2003 of December 22, 2003. The repurchase is carried out via the involvement of a banking institute as defined by Article 2 No. 2 of Commission Regulation (EC) No. 2273/2003 which decides on the time of purchase of the company's shares independently and uninfluenced by ELMOS Semiconductor AG. The purchase price per share (without additional purchase costs) may neither exceed nor undercut the opening price on the Xetra trade of the Frankfurt/Main Stock Exchange on the day of purchase by more than ten percent. The Management Board may suspend the repurchase of stock at any time and resume it in compliance with the insider trading regulations of the German Securities Trading Act (WpHG). ELMOS Semiconductor AG will give account of the company's own shares purchased per each trading day under the disclosure of date, number of shares, and volume weighted average price within seven trading days at www.elmos.de/englisch/investor-relations/share/stock-repurchase-program.html. ELMOS Semiconductor AG is a developer and manufacturer of system solutions on semiconductor basis. For more than 20 years, roughly 90% of sales have been generated with chips for automotive electronics. ELMOS Semiconductor AG Janina Rosenbaum Heinrich-Hertz-Str. 1 44227 Dortmund Germany Phone +49 231-75 49-0 Extension -287 Fax +49 231-75 49-548 info@elmos.de www.elmos.de --- End of Message --- ELMOS Semiconductor AG Heinrich-Hertz-Strasse 1 Dortmund Deutschland WKN: 567710; ISIN: DE0005677108; Index: Prime All Share, CDAX, HDAX, MIDCAP, TECH All Share, GEX; Listed: Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Börse Düsseldorf, Freiverkehr in Börse Berlin, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Niedersächsische Börse zu Hannover, Freiverkehr in Börse Stuttgart, Geregelter Markt in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München;