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DJ EANS-Adhoc: Schaffner Holding AG / Schaffner Group confirms major order for high-speed trains in ChinaDelivery of magnetic components in the high single-digit millions

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17.09.2009 

The Schaffner Group (SIX Swiss Exchange: SAHN) will supply, in a first tranche
to be delivered by mid-2010, transformers and reactors valued in the upper
single-digit millions for new high-speed trains currently under construction for
the Chinese National Railway. 

The major order for delivery of components for the Chinese National Railway's
new high-tech trains reconfirms the Schaffner Group's standing as a leading
supplier of magnetic components to the international rail technology sector.
"This major order will significantly strengthen Schaffner's position in what is
today the world's biggest market for high-speed trains," explained Alexander
Hagemann, Chief Executive Officer of the Schaffner Group. Schaffner will supply
transformers and reactors to Siemens, which is delivering components such as the
electronics equipment and undercarriages for the high-speed trains being
constructed in China with local Chinese partners. 

China commissioned the construction of 100 modern high-speed trains in the first
quarter of 2009. The high-tech trains being built in China have a top speed of
350 km/h, comprise 16 coaches totaling around 400 meters in length, and will
have the capacity to carry over 1,000 passengers. They are scheduled to go into
operation in 2010 on the new 1300 km track running between Beijing and Shanghai,
and will cover the distance in four hours. 

Luterbach, September 17, 2009 

Schaffner Holding AG
4542 Luterbach, Switzerland
T +41 32 681 66 26
F +41 32 681 66 30
www.schaffner.com 

Calendar
December 8, 2009        Publication of 2008/2009 Annual Results
January 13, 2010        Annual General Meeting 

Schaffner - energy efficiency and reliability
The Schaffner Group is the international leader in the development and
production of solutions which ensure the efficient and reliable operation of
electronic systems. The Group's broad range of products and services includes
EMC/EMI components, harmonic filters and magnetic components as well as the
development and implementation of customized solutions. Schaffner components are
deployed in energy-efficient drive systems and electronic motor controls, in
wind power and photovoltaic systems, rail technology, machine tools and robotics
as well as power supplies for numerous electronic devices in sectors such as
medical technology or telecommunications. Schaffner provides on-site service to
customers around the world through an efficient, global organization and makes
ongoing investments in research, development, production and sales to
systematically expand its position as leader on the international market. 

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(END) Dow Jones Newswires

September 17, 2009 00:03 ET (04:03 GMT)