Aug 22, 2007. /Lesprom Network/. The executive board of Pfleiderer AG has resolved with the consent of the supervisory board to purchase up to 4,872,610 shares of the company via the stock exchange in the period up to December 31, 2007. This corresponds to approximately 9% of the share capital. Pfleiderer AG is thus exercising the authorization by the annual general meeting on June 19, 2007 to acquire own shares. The primary purpose of the share buyback is to use the own shares acquired to settle the subscription rights for shares of the company from stock options issued in conjunction with Pfleiderer stock option plans, or to be issued under future annual plans. The shares will also be purchased for the purpose of selling the own shares acquired in conjunction with the purchase of companies, parts of companies, or interests in companies. The share buyback will be executed under the lead-management of one or more credit institutions whose decisions about the timing of the purchase of own shares will be independent of and not influenced by the company. The shares will be acquired exclusively via on-exchange Xetra trading. No more than 25% of the average daily trading volume on the 20 trading days prior to the purchase date may be purchased on any single day. After execution, the transactions will be regularly announced on Pfleiderer AG's website MDAX-listed Pfleiderer AG is a leading supplier of engineered wood, surface finished products and laminate flooring. With around 5 200 employees and production sites in Western Europe, Eastern Europe and North America, the Pfleiderer Group posted revenues exceeding Euro 1.4 billion in fiscal 2006.