init decides share buy-back

Ad hoc release in compliance with § 15 WpHG

Karlsruhe, 11 November 2013.

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of May 12, 2010, topic 6 of the agenda to repurchase up to 40,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per share should not exceed 23.80 EUR (without additional charges).

The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the buy-back during the period from 11 November 2013 to 20 December 2013.