Ad hoc: Hornbach-Baumarkt-AG: Board of Management of HORNBACH-Baumarkt-AG resolves share buyback to facilitate issue of shares to employees

Hornbach-Baumarkt-AG / Share buyback / Board of Management of
HORNBACH-Baumarkt-AG resolves share buyback to
facilitate issue of shares to employees

Ad hoc announcement according to §15 WpHG processed and transmitted
by Hugin ASA. The issuer is solely responsible for the content of
this announcement.

----------------------------------------------------------------------
--------------
Bornheim, September 1, 2008. The Board of Management of
Hornbach-Baumarkt-AG, based in Bornheim/Pfalz, ISIN DE0006084403,
today resolved pursuant to Section 71 (1) No. 2 of the German Stock
Corporation Act (AktG) to acquire up to 20,000 own shares. The shares
are to be acquired already in preparation for the annual issue of
shares to employees scheduled to take place at the end of 2008.

The buyback of shares on the basis of this management board
resolution is to be undertaken in accordance with the safe harbor
regulations set out in Section 20a (3) of the German Securities
Trading Act (WpHG) in conjunction with Regulation (EC) No. 2273/2003
of the European Commission dated December 22, 2003.

The buyback of shares will begin on September 2, 2008 and will run
for a limited period expiring on December 31, 2008. The purchase
price to be paid by the company per share (excluding acquisition
expenses) may not exceed or fall short of the stock market price by
more than 10%. The stock market price shall be taken in this respect
to be the average of the closing prices in Xetra trading at the
Frankfurt Stock Exchange on the five stock market trading days
immediately preceding the respective acquisition. Moreover, the
shares will not be acquired at a price in excess of that determined
pursuant to Article 5 (1) of Regulation (EC) No. 2273/2003 of the
European Commission dated 22 December 2003.

Further information concerning the buyback of shares has been
published in the "Investor Relations/Share buyback" section on the
internet and can be found at the following URL:

http://www.hornbach-gruppe.de

Moreover, the transactions executed will also be published at this
address pursuant to Article 4 (4) of Regulation (EC) No. 2273/2003 of
the European Commission dated December 22, 2003.

--- End of Message ---

Hornbach-Baumarkt-AG
Hornbachstrasse 11 Bornheim bei Landau

WKN:
608440; ISIN: DE0006084403; Index: CDAX, Prime All Share, SDAX;
Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime
Standard in Frankfurter Wertpapierbörse;
Copyright © Hugin AS 2008. All rights reserved.