December 2005

1. S&T – a link between business and academic environment December 2005 XETRA: SNT Reuters: SNTS.VI Bloomberg: SNT AV US-OTC: STSQYISIN: AT0000905351 www.snt.at

2. Disclaimer Forward-looking statements in this presentation are made pursuant to the safe harbour provisions of the Private Securities Litigation Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainty and that actual results might differ from the forward looking statements presented herein. No representation or warranty can be given, expressly or implied, regarding the correctness, completeness or fairness of information and opinions contained in this presentation. S&T and the persons acting on behalf of S&T do not accept any liability whatsoever arising from any use of this document or its contents or otherwise arising in connection therewith. This presentation does not constitute an offer or invitation to subscribe for or purchase any securities of S&T and neither this presentation nor anything contained herein shall form the basis for contract or commitment whatsoever.

3. Content • About S&T • S&T‘s competitive advantage • The link between the business and academic environment

4. S&T covers 21 countries in Central and Eastern Europe with more than 1900 employees The power of S&T LV RU PL UA CZ SK AT MD HU RO SI HR BA SCG BG MK AL GR TR Headquarter AT Austria CY Cyprus GR Greece S&T Countries LV Latvia HU Hungary RU Russia CY SI Slovenia MT BA Bosnia and Herzegovina MD Moldova BG Bulgaria SK Slovakia MK Republic of Macedonia CZ Czech Republic TR Turkey PL Poland MT Malta UA Ukraine RO Romania HR Croatia SCG Serbia and Montenegro Albania AL

5. S&T targets top companies in four market segments using state-of-the-art technology Strategic focus on the Romanian market ERP BI DM EAI Other Telecom/Utilities Financial Services Government Manufacturing

6. S&T integrates best-of-breed infrastructure solutions Strategic focus on the Romanian market Enterprise Computing Enterprise Storage Information Management Networks & Security

7. Customer support and managed services S&T provides a full range of services through highly qualified local resources • Warranty, technical support and training for all delivered solutions • Mission Critical Support (24x7, SLAs) • Authorized Service Provider for: • Strategic Cooperation with WW Service Providers • Outsourcing/Managed Services

8. S&T developed strong IT resources in Romania, organically and through acquisitions Resources and positioning of S&T Romania People Knowledge Infrastructure • Over 170 specialists in Romania • Over 10 years of experience • Network of local partners • Consulting • Project management • Multi-vendor knowledge • Software development • Data centre • Training facilities • Help-desk • Logistics and stock of spare parts 2001 2002 2003 2006 Positioning • Leading manufacturer independent system integrator in Romania • #1 IT services provider in Romania in 2004 (IDC, 2005) New acquisition S&T builds a flexible structure based on a strong core team and a reliable network of local partners

9. S&T’s capabilities cover a broad range of turn-key solutions for various market segments IT solutions capabilities of S&T Romania • Business Support Solutions (BSS): • ERP / Business Suite (CRM, DW, BI, etc.) / EAI • Document/Content Management solutions • BTO (Testing, Tuning, Application Performance Management, ITGovernance) • Billing/mediation solutions • Custom developed software solutions • Operations Support Solutions (OSS): • Mission Critical Computing (HA, DR) / Data Centre solutions • Enterprise Storage solutions • Networking and communication solutions • Integrated security solutions (PKI, Firewall/VPN, biometrics) • Help-desk/service management solutions • GIS solutions • Project Management capabilities • PMI certification

10. Quality management is an important activityin S&T Romania Company certifications S&T is one of the first Romanian companies ISO 9001 certified (including IQNet and TÜV) • Check Point Value Added Solution Provider • CISCO Silver Partner • EMC2 Authorised Reseller • ENTRUST Value Added Reseller Partner • Fujitsu Siemens Computers • HP Business Partner Sales and Service • IBM Business Partner Solution Provider and Reseller • LEGATO Reseller • Mercury Interactive Reseller • Microsoft Certified Gold Partner • Oracle Authorized Partner • SAP Partner • STORAGE TEK International Distributor • SUN Solution Provider • VERITAS Reseller “J.M. Juran Romanian Quality Award” for Excellence in Quality Management in 2003

11. Government and Public Sector Anticorruption National Authority Ministry of Administration and Interior Ministry of Agriculture Ministry of Economy and Commerce Ministry of Education and Research Ministry of Environment and Waters Management Ministry of Foreign Affairs Ministry of Health Ministry of Justice Ministry of Labor, Social Solidarity and Family Ministry of Public Finance National Audio-Visual Council National House for Health Insurance National Institute for Statistics Presidency Administration Romanian Parliament – Senate S&T has created long-term partnerships with customers in 6 market segments Selected references in Romania Manufacturing Auto-Chassis International BrauUnion Romania Heidelberg Cement Holcim Mittal (ISPAT Sidex) Petrom Rauch Schneider Electric Timken Banking • Alpha Bank • BRD - Group Société Générale • HVB Bank • Ion Tiriac Bank • National Bank of Romania • Raiffeisen Bank • Romanian Savings Bank • TransFonD • Transilvania Bank • Unicredit Bank Telecom / Utilities • Electrica • Orange • Romtelecom • Romgaz • Transelectrica • Transgaz • Vodafone Transportation / Services • Romanian Railways • Metrorex Underground transportation • Bucharest Public Transportation (RATB) • Cora Healthcare • Dimitrie Gerota Emergency Hospital • Gr. Alexandrescu Emergency Children Hospital • Emergency University Hospital • Emergency Clinic Hospital Floreasca

12. Content About S&T S&T‘s competitive advantage The link between the business and academic environment

13. Advise Business value S&T’s strategy is changing according to the local market trends Strategy pillars for the Romanian market • What we’ll keep: • Manufacturer independent • Best-of-breed products • Excellence in services Design & Implement Project quality What we’ll add: • Focus on business value • Focus on industry verticals • Consultative approach • Collaborative approach Run Train & Support

14. S&T is able to act as a strong local and regional partner for our customers S&T’s differentiators as source of competitive advantage • Vertical industry and business value focus • Multi-vendor solution knowledge • Extensive & diverse project experience Credible advisor • Strong resources and capabilities in Romania and CEE • Broad portfolio of solutions and services • Outstanding references Power to implement • Proven methodology • Flat and flexible structure • Local decision power Speed, quality and flexibility

15. Content About S&T S&T‘s competitive advantage The link between the business and academic environment

16. S&T creates a strong link between the business and academic environment Top customers in 4 market segments: Telco/UTL, MFG, FSI, Public Sector • S&T delivers IT projects for top companies in Romania at the highest international standards • As a 100% services company the most important asset is the personnel • The main source of personnel is the national education system • S&T hires students and develops highly skilled IT professionals UPB 80% ASE 15% Other 5%