The changes in Group equity and individual elements thereof are shown in detail in the Changes in Equity table.

Treasury shares. On December 20, 2006, the Board of Directors of Wincor Nixdorf AG passed a resolution for the repurchase of up to 166,390 of the Company’s shares (constituting up to 1.01% of the current capital stock) via the stock exchange. The resolution is based on the corresponding authorization issued by the Annual General Meeting of Shareholders for the repurchase of own equity instruments in an amount of up to 10% of capital stock. The purchase price per share (excluding ancillary costs of purchase) shall deviate by no more than 5% in either direction from the average share price at the closing auction of XETRA trading on the Frankfurt Stock Exchange for the final ten trading days prior to the purchase of the shares.

The repurchased shares are to be used for the purpose of settling obligations arising from share options already issued or to be issued to members of Board of Directors, other managers or staff members.

As of December 31, 2006, the number of treasury shares held by the Company was 51,346. The acquisition costs, including ancillary costs of acquisition, amounting to €5,898k were deducted in full from equity.

Share-based payment program. Wincor Nixdorf had implemented two share-based payment programs on March 1, 2005, and March 27, 2006 (share-based payment programs 2005 and 2006) for its managers. The changes in the composition of share options are as follows:

The change in 1st quarter 2006/2007 relates solely to staff members. The share-based payment programs are described in detail in the Notes to the Group financial statements as of September 30, 2006.