Ad-hoc Release 13 November 2006

SMARTRAC N.V. presents preliminary 3^rd quarter results

Amsterdam, 13 November 2006 – SMARTRAC N.V. continued along its growth path in the 3rd quarter of 2006 and further strengthened its earnings. SMARTRAC, the world’s leading RFID manufacturer and supplier of components for passports (ePassport) and contactless credit cards (ePayment) increased its total sales in 3rd quarter 2006 to EUR 13.4 million up from EUR 7.2 million in 2005. For the nine months ended September 2006 this corresponds to sales of EUR 35.9 million, an increase of 133 percent over the previous year (EUR 15.4 million). The Group’s 3rd quarter EBITDA doubled from EUR 1.8 million in 2005 to EUR 3.4 million. For the nine months ended September 2006 the EBITDA is EUR 8.1 million, an increase of 145 percent over the previous year (EUR 3.3 million).

SMARTRAC has posted a net profit every year since its foundation. For full-year 2006, the company anticipates sales of at least EUR 50 million with an EBITDA substantially above EUR 10 million.


Further information:
ISIN: NL 0000186633
Official market (Amtlicher Markt) / Prime Standard; Frankfurt Stock Exchange
Company Headquarters: Amsterdam

For further information visit: www.smartrac-group.com

SMARTRAC N.V.
Max Hohenberg
Media Relations
Tel.: +31 20 57 88 844
max.hohenberg@smartrac-group.com