Heidelberg Withdraws 3,322,658 Shares

On March 30, 2007 the Management Board of Heidelberger Druckmaschinen AG (Heidelberg) decided to withdraw 3,322,658 no-par bearer shares (four percent of outstanding shares) by means of a simplified capital retirement process in compliance with the Stock Corporation Act, Section 71 para. 1 no. 8 sentence 6.

The Management Board was authorized accordingly by the Annual General Meetings of July 20, 2005 and July 20, 2006. The Supervisory Board agreed with this measure during its board meeting on March 30, 2007.

The company's capital stock now amounts to 204,103,795.20 Euro and is divided into 79,728,045 no-par bearer shares.

The current share buyback program will be continued unchanged up to a level of five percent. The shares purchased in this context will in part be used for employee share participation programs and/or for a further capital retirement.

For further information, please contact:
Heidelberger Druckmaschinen AG
Corporate Communications
Thomas Fichtl
Tel.: +49 (0)6221 92 47 47
Fax: +49 (0)6221 92 50 69
E-mail: thomas.fichtl@heidelberg.com

Important Note
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.