www.snt-world.com

Company presentation

1

S&T Vision 2010+

2

• We will extend our leading position in IT consulting, solutions and services in the CEE / D-A-CH / Asia region serving international and local customers.

• We double our MS / BS business in this fast growing IT market by organic growth and M&A.

• We provide complete IT strategies, business processes and systems for large and medium-sized enterprises.

• We are known industry experts in manufacturing, banking, insurance, retail, distribution and of course in IT technology.

• Our profitability is at least in line with our peer-group, resulting in a significant upside in share price.

• Our employees enjoy working for S&T and we provide them with growth paths for long-lasting and valuable cooperation.

S&T is the leading IT company in CEE and D-A-CH and is expanding its presence in Asia. We provide complete IT strategies, business processes and systems for large and medium-sized enterprises.

We adapt / operate IT systems for and with our customers, drawing on our employees’ excellent industrial and technological skills.

We create value for our customers along the entire IT value chain.

Our employees enjoy working for S&T and we provide them with growth paths for long-lasting and valuable cooperation. We are a preferred employer in the IT industry in our region.

S&T Mission

3

1993 Founding of S&T Slovakia, S&T Bulgaria and S&T Ukraine

1994 Founding of S&T Romania

1995 Founding of S&T Moldavia

1996 Founding of S&T Yugoslavia

1998 Initial public offering on the EASDAQ (currently NASDAQ Europe)

1999 Founding of S&T Hungary Purchase of Hermes Plus with subsidiaries in Slovenia, Croatia, Bosnia and Herzegovina, Macedonia Acquisition of ICOS in Slovenia

2000 Purchase of Soft-Tronik in the Ukraine and Largo Systems in PolandFounding of S&T International in Russia

2001 Purchase of Aster in Slovenia and INNET Kft. in HungaryPurchase of Neos Computer and their 100% subsidiary GCC Services in

The Czech Republic and Netway Computer Systems in Romania

Company History [1/2]

4

2002 Expansion into Latvia and Montenegro Acquisition of Protek in Turkey

2003 Purchase of Epsilon in CroatiaPurchase of Atlantis in SloveniaAcquisition of Fujitsu Services subsidiaries in 6 countries: Greece, Malta, Poland, Romania, Slovakia, Czech Republic, Hungary

Change to Vienna Stock Exchange (11 April 2003)

2004 Acquisition of ITS Intertrade Sistemi in Slovenia

2005 Purchase of InfoNet Projekt in Croatia and SAP specialists EFPPurchase of SITO in SerbiaAcquisition of T-Systems DSS and Computacenter in AustriaAcquisition of VARIAS in Slovakia

2006 Purchase of ERP specialist BEELC in Poland Acquisition of Grall Group in The Czech Republic

Purchase of Unitis in HungaryAcquisition of T-Systems Turkey

2007 Acquisition of IMG - The Information Management Group

Company History [2/2]

5

S&T common shares: 3,585,017of that 46% free float

Ownership Structure

SHAREHOLDER STRUCTURE (as registered in March, 2008)

S&T has been listed on the Vienna Stock Exchange since 11 April 2003.An ADR level I program with the Bank of New York has been in effect since March 2002.

6

~26%AvW Invest AG~28%

Thomas Streimelweger

46%Free float

Management

Christian RosnerCEO S&T AG

Martin BerglerCFO S&T AG

7

Chairman of the BoardThomas Streimelweger

Deputy ChairmanReinhard Moser

Members of the BoardFranz JurkowitschKarl Michael MillauerKarl NiglErnst NonhoffKurt Waniek

Board of Directors

8

Geographic Presence

DE

CH

CZ

AT

Sl

SK

HU

HT

BA

ME

AL

RS

MZ

BG

RO

MD

UA

PL

RU

TR

9

Subsidiaries [1/4]

Employee: Full Time Equivalent End of Year 2007

SwitzerlandSubsidiaries: Zurich St. GallenEmployees: 92

GermanySubsidiaries: Stuttgart, Munich Frankfurt, WalldorfEmployees: 186

AustriaSubsidiaries: Vienna, Graz, Linz, Salzburg, Klagenfurt, InnsbruckEmployees: 361

The Czech RepublicSubsidiaries: Prague, Brno, Ceske Budejovice, Ostrava, Liberec, Mladá Boleslav, Pardubice, Olomouc, PlzenEmployees: 307

PolandSubsidiaries: Krakow, Warsaw, Bialystok, Bydoszcz, Gdansk, Katowice, Lodz, Lublin, Poznan, Rzeszow, Szczecin, WroclawEmployees: 338

HungarySubsidiaries: BudaoersEmployees: 203

SlovakiaSubsidiaries: Bratislava Zilina Banska-Bystrica KosiceEmployees: 158

10

DE

CH

CZ

AT

SK

HU

PL

Subsidiaries [2/4]

Employee: Full Time Equivalent End of Year 2007

UkraineSubsidiaries: KievEmployees: 151

MoldaviaSubsidiaries: ChisinauEmployees: 22

RussiaSubsidiaries: MoskowEmployees: 83

BulgariaSubsidiaries: Sofia, Burgas Plovdiv, VarnaEmployees: 46

RomaniaSubsidiaries: BucharestEmployees: 148

11

BG

RO

MD

UA

RU

Subsidiaries [3/4]

Employee: Full Time Equivalent End of Year 2007

SloweniaSubsidiaries: Ljubljana Celje Koper MariborEmployees: 371

SerbiaSubsidiaries: BelgradEmployees: 92

Bosnia and HerzegovinaSubsidiaries: Sarajevo Banja LukaEmployees: 18

CroatiaSubsidiaries: Zagreb Split RijekaEmployees: 149

MontenegroSubsidiaries: PodgoricaEmployees: 5

MacedoniaSubsidiaries: SkopjeEmployees: 27

AlbaniaSubsidiaries: TiranaEmployees: 6

TurkeySubsidiaries: Istanbul Ankara IzmirEmployees: 65

12

Sl

HT

BA

ME

AL

RS

MZ

TR

CN

Subsidiaries [4/4]

13

Employee: Full Time Equivalent End of Year 2007

ChinaSubsidiaries: Guangzhou

Shanghai Bejing

Employees: 39

JapanSubsidiaries: Tokio Osaka-shi Osaka Nagoya-shi Aichi Fukuoka-shiEmployees: 121

• ERP Enterprise Resource Planning

• Mission Critical Applications / Implementation / Integration

• Business Intelligence

• Software Development

• Workflow & Document

Management

Business Solutions (BS)

Plan / Design

• Data Center / Computing

• Information Lifecycle Management

• Business Continuity / Disaster Recovery

• Networking & Security• Network Infrastructure• Unified

Communications• Network Security• Information Security• System Security• Consulting & Audits

Enterprise Systems (ES)

Build

• Hardware / Software Support (24/7)

• Application Outsourcing

• IT Service Management

• System Management

• Desktop Managed Services

Managed Services (MS)

Operate / Maintain

Core Business Divisions

14

Support of IT projects from the analysis of the individual requirements through implementation. Areas of emphasis:

• Enterprise Resource Planning (ERP)

• Business Intelligence - Data Ware House (DWH), Customer Relationship Management (CRM)

• Document / content management

• Integration – Enterprise Application Integration (EAI), Service Oriented Architecture (SOA)

Business Solutions

15

Enterprise Systems offers infrastructure solutions for IT centers. Areas of emphasis:

•IT consolidation, virtualization,migration

•Information Lifecycle Management: storage, backup und recovery, archiving

•Business continuity, disaster recovery, information security, ITIL

•Datacenter Computing: connectivity & clustering, server & mainframe, system management

•Connectivity Solutions: Core Infrastructure, Wireless and Optical Networking

•Security: Network and Perimeter Security, Security Information Systems

•Unified Communications: VoIP, Messaging and Conferencing Solutions

Enterprise Systems

16

Servicing and optimization of IT Infrastructure. Areas of emphasis:

• IT Outsourcing/Out-tasking: responsible for individual processes such as hardware & software support, monitoring, IMAC (Install, Move, Add, Change), end-user help desk, etc. to providing complete support

• IT Service Management: IT process consulting and implementation / ITIL (IT Infrastructure Library), IT operations management

• IT Infrastructure Optimization: migration services, consolidation & virtualization

• Operational IT Risk Reduction: business continuity, disaster recovery, security assessments, high availability services, system management

Managed Services

17

S&T is the general service contractor of Philips Medical Systems in six countries: The Czech Republic, Bulgaria, Slovakia, Romania, Croatia, Moldavia

Electro-medical product portfolio:• Monitors• EKG machines• Defibrillators• Respirators• Anesthesia machines• Ultrasound devices• Computerized tomography, magnetic resonance devices, angiography systems• Infusion devices• Systems for automatic medication dispensing• Cytocare robots

Additional Business Area: Medical Systems

18

Competence Centers

19

S&T operates competence centers on strategically important topics and special industry competence centers

• Eight competence centers are already operational• A few more are concretely planned

Tasks of the competence centers:• Consulting and serving the customer at at top level regardless of geography• Market development in corresponding specialty area • Expand the S&T company in corresponding specialty area• Support the local pre-sales and project teams• Knowledge transfer in boundary-spanning teams

Competence Centers

20

Competence Centers

21

S&T Customer Concept Center in Bucharest, Romania

Competence CenterHP Softwarein Bucharest, Romania

Competence CenterBusiness Continuity &Disaster Recoveryin Ljubljana, Slovenia

SAP Outsourcing Centerin Zilina, Slovakia

Development and inspection of

company-critical IT platforms and

processes

Software portfolioHP OpenView

Professional concepts for theadministration of company-critical IT processes

SAP Outsourcing

Consulting and servicing forimplementation of strategicIT platforms and processes

Management of IT infrastructure

Minimization of risks and results from IT catastrophes

Management and functional operation of SAP systems

Competence center Area of specialty Central topic

Competence Centers

22

Competence CenterIBM Tivoliin Ljubljana, Slovenia

Cisco Security CompetenceCenter in Budapest, Hungary

EMC Velocity2 Signature Solution Center in Ljubljana, Slovenia

SAP Infrastructure Solutions Competence Center in Zilina/Slovakia

IBM Tivoli software tools

Cisco Security Solutions

EMC Products

Infrastructure Solutions

ProfessionalIT system management

High end security solutions and consulting

simulates a customer’s specific environment to provide a real life experience of the possible benefits provided by EMC product and S&T solution offerings

proven solutions and implementation best practice in the area of ECM, SAP archiving, SAP infrastructure & security solutions on EMC² & IBM platforms

Competence center Area of specialty Central topic

KA

Large: +1000

employees

Medium: +200 employees

Emer

ging

Coun

trie

sEuropean Countries

Small / home office

S&T serves large and mid-sized companies of 250+ employees / IT workstations.

Customers

23

Target Industries & Corresponding References

24

Andritz AG, ATArkas, TRBelinka, SIBosch-Rexroth, DECoca-Cola, UAHeineken Slovakia, SK

Holcim Bulgaria, BGHolcim, ROInvest Trade, HUKolektor, SlKronopol (Swiss Krono

Group), PLLURA, HRLura, HRMakstil, MKMercedes Benz, TRMittal Steel Zenica, BA

Nowaco, CZSoyaprotein, SRBVidima Ideal, BGVoestalpine, AT

BH Telecom, BAMakedonskii Telekomunikacii, MKMegafon, RUMobiltel AD, BGMobiltel, SIMoldcell, MDMotorola, BGOrange Slovakia, SKPannon GSM, HUProMonte, MESerbian Telecom, SRBSlovak Telecom, SKTelekom Austria AG, ATTelekom Slovenije, SITelenor, SRBT-Mobile, HR, CZUkrainian Mobile Communications, UAUkrtelecom, UAVIPNet, HR

Alfa-Bank, RUAOK/AOK Systems, DEBank – BCR, ROBanka Celje, SlCeska Sporitelna (ErsteBank), CZErste Bank Group, ATHVB, BAING Bank Slaski S.A., PLKGAL, DEKomercni Banka, CZMoldinconbank, MDNational Bank UkraineNational Bank, MKÖsterr. Nationalbank, AT

Procredit Bank, ALRaiffeisen Bulgaria, BGRomanian Comercial Slovenska Sporitelna(Erste Bank), SKUniCredit Bank, SRBWestLB, TR

Alstom Power, PLBP, TRE.ON Bulgaria, BGElectric Power, SRBElektrani Mak., MKEnergie AG OÖ, ATGeneral Electric, TRLukoil Ukraine, UAOMD, PLOMV, SRBPrazska energ., CZProgas (Progas Germany), SKRomgaz, ROTranselectrica, ROTranspetrol, SKUkrGazDobycha, UA

Manufacturing Telecommunication Financial Services Energy Services

Target Industries & Corresponding References

25

Czech Post, CZBoarder Guard, PLMagyar Post, HUMinistry of Constr., TR

Ministry of Economyand Finance, ROMinistry of Finance, MD

Ministry of Health, BG

Ministry of Interior, CZ

ORF, ATPolish Police, PLPost Slovenia, SlSerbian GovernmentSlovak Academy ofScience, SKSlovenian Army, SlSlovenian RailwaysUkrainian RailwaysWKÖ, AT

Auto Aktiv, SIAuto Frey, ATBMW Czech Republic, CZBMW, DEDaimler Chrysler, TRKIA MOTORS Mak-Kar, MKMAN Nutzfahrzeuge, DEMercedes-Benz Turkey, TRPEUGEOT Czech Republic, CZSkoda Slovakia, SKSlovakia, SKVolkswagen Slovakia, SKVW-Group, DE

A&D Pharma, RObauMax, ATCampari, DEDanone, RUDirect Trade, SRBDM Drogerie, ATH&M, PLHornbach, CZKraft Jacobs, DELindt, CHMcDonalds, PLMETRO Cash&Carry, SKMetro, HRNestlé, CHREWE, DESportmaster, RUZielpunkt, AT

Airport Anapa, RUAirport Prague, CZDeutscheBundeswehr, DECzech Airlines, CZLETISKO Zilina (Airport Zilina), SKMinistry of Defense, CZMinistry of Defense, MKPolish Navy, PL

Public Aerospace & Public Aerospace &Sector Automotive Retail Defense

Public Aerospace &

S&T maintains strategic partnerships with leading technology manufacturers.

S&T Partner

26

Key Figures

27

Sales (in million Euro)

237.4

355.7

461.3

522.2

0,0

60,0

120,0

180,0

240,0

300,0

360,0

420,0

480,0

2005 2006 2007 HY1 2008

+30%

+13%

28

355.7

461.3

Total sales Sales per business unit

Managed Services Business Solutions Enterprise Systems

522.2

+16%

+59%

+42%

+15%

237.4

EBIT and EBITDA (in million Euro)

3.7

8.5

12.113.0

0

3

6

9

12

2005 2006 2007 HY12008

+42%

+7%

7.3

14.5

18.0

20.4

0

3

6

9

12

15

18

21

2005 2006 2007 HY1 2008

+24%

+13%

EBIT EBITDA

33.5 € S&T ShareATX Prime

19, 2008

Stock Price (in Euro)

Share Price development since 2007

Key Data on S&T Shares

Market capitalization year-end in EUR mill

Number of shares year-end

Stock price year-end in EUR

High in EUR

Low in EUR

Earnings per share in EUR (diluted)

Free float

90.7

3,568,655

25.42

31.70

18.00

1.38

57%

139.9

3,568,65

5

39.20

39.20

24.90

1.89

56%

166.7

3,585,01

7

46.50

59.20

39.00

1.03

46%

2005 2006 2007

Employees (in FTE*)

* FTE = Full Time Equivalent

1,923

2,295

3,138

0

500

1,000

1,500

2,000

2,500

3,000

2005 2006 2007

+37%

+19%

Organic growth:

~200 employees

Employees

in FTE*

S&T Group (in million Euro)

461.3

18.0

12.1

10.5

6.8

1.89

46.7

235.0

26.8

11.4

%

2,295

522.2

20.4

13.0

7.9

3.8

1.03

49.4

266.0

52.0

17.5

%

3,138

Sales

EBITDA

Profit from operations (EBIT)

Profit before tax

Profit for the year / Net profit

Diluted earnings per share in EUR

Shareholder‘s equity

Total assets

Net financial liabilities

Net gearing

Employees at year-end

355.7

14.5

8.5

6.4

4.9

1.38

37.7

197.7

34.5

19.5

%

1,923

2005 2006 Change 2007

13%

13%

7%

-25%

-44%

-46%

6%

13%

94%

-

37%

S&T Group – Overview of 2007 Results

in million EUR

Forecast 2008Market Development

34

Positive growth forecasts for IT and IT services markets in S&T countries

Global IT market growing by 5.5 - 6.0% in 2008

• Eastern Europe and Middle East growing faster than Western Europe and USA.

• Demand for IT consulting and outsourcing services growing worldwide.

• Strongest IT market growth forecast for the following S&T countries: Ukraine 19.7% | Russia 18.9% | Bulgaria 17.7%

IT services markets growing noticeably faster than IT markets

• DACH region sees consistent growth (Austria: 4.1%, Switzerland: 4.8%, Germany: over 5%)

• Central European and Adriatic countries continue to exhibit high growth rates (e.g. Czech Rep.: 10.2%, Bosnia: 14.6%)

• Strongest growth in IT services market forecast for the following S&T countries: Ukraine 21.6% | Russia 21.0% | Romania 19.6%

8,45

7.50

146.

28

685.

31

4,26

3.66

2,71

6.89

8,31

1.14

1,66

1.04

18,1

99.8

6

572.

27

837.

58

1,26

3.81

3,03

8.35

8,88

0.60

166.

42

806.

63

1,11

6.69

4,64

7.82

2,90

8.56

9,36

8.95

1,84

0.97

21,6

43.6

3

613.

82

895.

04

1,37

9.40 3,63

6.00

0

3000

6000

9000

12000

15000

18000

21000

24000

2007

2008

Source: IDC’s BB – Q4 2007The 2007 and 2008 data are IDC estimates

1,0

39

.05

Market volume for IT market 2007-2008

in million USD

IT market volume: Russia already far above Western European levels

19.7

9.1

6.97.3

18.9

10.8

12.7

7.1

17.7

13.8

5.0

9.0

0

2

4

6

8

10

12

14

16

18

20

Source: IDC’s BB – Q4 2007The 2007 and 2008 data are IDC estimates

21

.64

3,6

3

7.5

Growth rates for IT market 2007-2008

in percent

High growth rates in Eastern Europe - with very diverse market volumes

235.

40

395.

33

289.

47

103.

10

3,65

1.07

305.

83

2.19

7,71

873.

13

1,48

1.22

114.

34

30.5

1

3,65

0.70

286.

18

438.

10

317.

75

111.

76

4,41

8.48

365.

62

2,52

4.27

937.

16

1,63

2.14

372.

30

136.

29

34.9

5

3,79

9.50

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2007

2008

Source: IDC‘s BB – Q4 2007IDC estimates were used for 2007 and 2008 information.

21

.64

3,6

3

33

6.8

3

Market volume for IT services market 2007-2008

in million USD

Expenditure on IT services continues to grow significantly

Growth rates in IT services market higher than for IT market

4.1

14.6

19.2

7.3

19.6

8.49.8

14.9

10.810.2

0

5

10

15

20

21

.64

3,6

3

10.5

21.621.0

Growth rates for IT services market 2007-2008

in percent

Source: IDC’s BB – Q4 2007The 2007 and 2008 data are IDC estimates

S&T Forecast

40

S&T Strategic Focus

41

Com

pany

Customer

Busin

ess

Areas

Competence

• Expand the leadership position in IT consulting, IT solutions and IT services

• Organic growth and acquisitions

• Deepen industry competencies in manufacturing, financial ser- vices, insurance and trade industries

• Expand overall competency in IT technology

• Expand consulting business

• Increase the SAP and software business

• Foster growth in Managed Services and Outsourcing

• Expand business with multinational customers

• Intensify the target industry concentration

• Serve national customers

2008: Double-digit EBIT growth planned

*planned

522.2

461.3

355.7

0

100

200

300

400

500

600

2005 2006 2007 2008

8.5

12.1

0

5

10

15

20

2005 2006 2007 2008

Sales

in million EUR

EBIT

in million EUR

560-580*

15-17*

13.0

S&T: Consistent implementation of growth strategy

S&T displays greater growth than overall market

• Based on organic growth - orders books are well filled

• Based on further acquisitions - criteria:

- Strengthening of existing countries. Focus: Turkey, Russia and Poland

- Take-over target must be active in Business Solutions or Managed Services sectors

- Take-over target must be active in one of S&T's target industries

- Take-over target must have a certain minimum size

- Integration must be completed quickly

S&T: Consistent implementation of growth strategy

Consistent use of market opportunities

• By means of expansion of strategic partnerships (in promising sectors and targeted geographical areas)

• By means of utilization of growth opportunities offered by services with strong demand - e.g. Managed Services, SOA, Virtualization

Optimization with stable risk structure

• By means of optimized resource and skill management, and exploitation of synergies following integrations

• With minimal USD currency risk and minimized effects of political changes

• By means of optimal client and industry portfolios

Positioning 2007-2010

Development: volume and importance

2007 2010

• Strategy consulting

• Business processes

• Software development

• Infrastructure services

• Value infrastructure

• Volume infrastructure

45

S&T ... Strategy 2010

46

Key regions: Central and Eastern Europe, D-A-CH

Organic growth and acquisitions

EBIT growth over sales growth

Better than market growth

Industry-specific consulting “know how“

+60% Revenue from Managed Services/Business Solutions

Geo.

Pre

sence

Busi

ness

are

as

Com

pe-

tence

Dou

blin

g th

e co

mpa

ny s

ize

Gro

wth

Disclaimer

Exclusion of Liability

This presentation describes the situation for S&T as of 31st July 2008.

This presentation contains certain statements oriented towards the future. These future-oriented statements

contain estimates made by management, known and unknown risks, uncertainties and other factors which

may result in the actual results, financial situation, performance or achievements for S&T, or the sector,

differing considerably from any results, performances or achievements predicted or implied by such future-

oriented statements. These factors include, among others: competition from other companies, changes in

operating expenditure, development and successful integration of acquired companies, recruitment and

hiring of qualified personnel for the company, uncertainties resulting from business carried out by S&T

outside Austria, negative developments in legal and tax conditions, negative developments in government

and economic policy, unrest, acts of God, acts of war and all other factor referred to in this report. In view of

these uncertainties investors are advised to make an independent assessment of such future-oriented

statements. S&T assumes no responsibility, whether expressly or implied, for the correctness or

completeness of the information, opinions or estimates that are based on future-oriented statements, and

which are contained in this report. S&T assumes no responsibility for adjusting such future-oriented

statements in the future in order to reflect future events or developments. S&T and individuals acting on

behalf of S&T assume no responsibility in conjunction with the use of this report or the information contained

therein. This report is neither a public offer for, nor an invitation to subscribe to, S&T securities.

www.snt-world.com

Thank you!

48