Bobst Group SA is launching a share buyback of CHF 250m to acquire ten percent of the shares outstanding and thereby returning liquidity to shareholders. Shareholders will be allocated one free put option per share. For ten put options, they will be entitled to sell one share to Bobst Group at a gross strike price of CHF 137.-. Alternatively, the put options can be sold on the SWX Swiss Exchange during ten trading days.

The annual general meeting of Bobst Group SA of 7 May 2008 resolved the reduction of the share capital by 10% by means of the repurchase of shares and their subsequent cancellation, and of the cancellation of a number of treasury shares paid in at their par value. Bobst Group now announces the conditions of the share buyback.

Shareholders will be allocated one free put option per share on 11 June 2008. For ten put options, they will be entitled to sell one share to Bobst Group at a gross strike price of CHF 137.-. The put options will be traded from 11 June to 24 June 2008 on the SWX Swiss Exchange. Shareholders may thereby buy additional put options on the market or sell their put options. The put options may be exercised from 11 June until 25 June 2008, 12.00 noon CET (American style). The strike price, less 35% Swiss federal withholding tax on the difference between the strike price of the put options and the par value of the share of Bobst Group, of CHF 89.40 net will be paid three trading days after the exercise date (T+3).

The record date for the allocation of the put options will be 10 June 2008 after the closing of the stock market. The shares of Bobst Group will be traded separately from the put options as of 11 June 2008 (ex-date).

Important notice
The put options and shares of Bobst Group AG referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 as amended and, subject to certain exceptions, may not be offered or sold within the United States or to, or for the account or benefit of, US persons.

Bobst Group SA, Lausanne/Prilly, June 5th 2008
 
 
Inquiries
Media Relations: Phone +41 21 621 2622
Investor Relations: Phone +41 21 621 2560 or mail to investors@bobstgroup.com