2006-11-15 IFCO SYSTEMS N.V. repurchases own shares

The Board of Managing Directors resolved on November 14, 2006 to make use of the authorization of the Extraordinary Shareholders' Meeting, held on October 24, 2006, to repurchase up to 1,606,336 shares of the company either through the Stock Exchange or from one or more individual shareholders through private transactions. The authorization for the repurchase is given until April 2008. The acquisition price shall not be lower than EUR 0.01 and shall not exceed the average stock exchange price at the Frankfurt Stock Exchange during five stock exchange days prior to the day of the acquisition by more than 10%. The repurchased shares shall be used exclusively to serve the options of the 2000 Stock Option Plan of the company dated March 7, 2000. As the shares will be transferred to employees of the company, the free float will not be reduced.

Bayerische Hypo- und Vereinsbank AG, Munich has been authorized to carry out the purchase and will independently and without any influence by IFCO SYSTEMS N.V. decide upon the amount of shares to be purchased as well as the price and time of purchase.