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 via the stock exchange. The stock buy-back program ended on January 12, 2007. In total, 166,390 shares were repurchased at an average price of €117.05 per share. After the capital increase through issuance of shares in a ratio of 1:1 on March 22, 2007, this corresponds to 332,780 shares and an average purchase price of €58.53 per share.

On March 14, 2007, the Board of Directors of Wincor Nixdorf AG passed a resolution for the repurchase of up to 185,000 of the company’s shares (equivalent to 370,000 shares after the stock split) via the stock exchange as from March 15, 2007. The resolution is based on the corresponding authorization issued by the Annual General Meeting for the repurchase of own shares. The stock buy-back program was completed on September 20, 2007. Wincor Nixdorf acquired 370,000 shares at an average price of €65.35 per share. At the end of the period under review, the company thus held 702,780 treasury shares.

Subsequent to the reporting period, the Board of Directors of Wincor Nixdorf AG passed a resolution on October 1, 2007, for the repurchase of up to 92,480 of the company’s shares via the stock exchange as from October 1, 2007. The resolution is based on the corresponding authorization issued by the Annual General Meeting for the repurchase of own shares. The stock buy-back program was concluded on October 2, 2007. In total, 92,480 shares were repurchased at an average price of €59.71 per share.

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 the Board of Directors, other managers or staff members.