Based on the authorisation granted pursuant to article 65 paragraph 1, line 8 AktG (Stock Corporation Act) at the general meeting held on May 11, 2006, the Board of BRAIN FORCE HOLDING AG decided to implement a share buyback programme. The resolution of the general meeting was published in accordance with article 65 paragraph 1a AktG, in the "Amtsblatt zur Wiener Zeitung" on May 13, 2006. The buyback programme will start on December 18, 2006 and end on November 9, 2007. In line with the resolution, it covers a maximum of 1,538,674 shares, i.e., 10 percent of the nominal capital. The buyback applies to ordinary shares (ISIN AT0000820659) and will exclusively be handled by the stock exchange.

The Board of BRAIN FORCE HOLDING AG sees this measure as another step in their expansion strategy. The shares purchased will be used for future acquisitions. The purchase price paid by the company must not differ from the average Xetra stock-market price over the last 5 consecutive trading days by more than 10 percent.

BRAIN FORCE HOLDING AG intends to comply with the publication obligation stipulated in articles 6 and 7 of Veröffentlichungsverordnung (Publication Regulation) 2002 reported in the Federal Law Gazette II2002/112 by publicising information on the company's homepage (web address: http://www.brainforce.com/ "Investor Relations").