init decides share buy-back

Karlsruhe, 9 September 2014.

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of 12 May 2010, topic 6 of the agenda to repurchase up to 20,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per share should not exceed EUR 22.30 (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 share buy-back during the period from 9 September 2014 to 19 December 2014 on the stock exchange.