On October 1, 2007, the Board of Directors of Wincor Nixdorf AG passed a resolution 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 completed on October 2, 2007. Wincor Nixdorf acquired 92,480 shares 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.

On December 3, 2007, the Board of Directors of Wincor Nixdorf AG passed a resolution for the repurchase of up to 625,720 of the Company’s shares via the stock exchange as from December 3, 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 January 22, 2008. Wincor Nixdorf acquired 625,720 shares at an average price of €60.66 per share.

The repurchased shares are to be used for all legally admissible purposes covered by the authorization of the Annual General Meeting and, in particular, for the fulfillment of obligations arising from share options already issued or to be issued to members of the Board of Directors, other managers or staff members of the Company and/or associated companies on the basis of the authorization to grant share options.

At the end of the period under review, the Company held a total of 1,420,980 treasury shares from the buy-back programs in fiscal 2006/2007 and 2007/2008.