Share repurchase program

The Executive Board of EnviTec Biogas AG [ISIN: DE000A0MVLS8] decided to launch a share buyback programme, based on the resolution passed by the AGM on July 10, 2008. Until June 30, 2009, shares of EnviTec Biogas in an amount of up to EUR 10 million are to be repurchased via the stock exchange. The maximum of the buyback is limited to EUR 1.5 million shares and equals ten percent of the total equity capital. The repurchased shares may be used for all purposes defined in the AGM resolution on July 10, 2008. In accordance with applicable legal provisions, the buyback programme may be suspended and restarted at any time.

The share buyback will be realised in relation to the market environment, by order and on account of the company. It will be performed by Dresdner Bank AG, DresdnerKleinwort, the decisions concerning the time and respective volume of the share purchase will be made independently and with no influence from the company. Purchase price per share (ex other purchase costs) may not be more than ten percent above or below the market price. The decisive market price in terms of the preceding is thereby the price of the company share, determined at the opening auction of the Xetra-trade of Deutsche Börse AG.