• 30.09.2009, 08:18:56
  • /
  • OTS0012 OTW0012

EANS-Adhoc: WACKER Exits From Solar Wafer Business

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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30.09.2009

Munich, September 30, 2009 - Wacker Chemie AG exits from the solar wafer
business and will transfer its shares in its joint venture WACKER SCHOTT Solar
GmbH (WSS) to its former partner SCHOTT Solar AG. WACKER and SCHOTT Solar have
reached agreement on the key points of a sales transaction today. The reason for
this move is WACKER´s decision to focus its solar activities from now on
exclusively on its core competency which is the production of hyperpure
polycrystalline silicon. SCHOTT Solar, on the other hand, concentrates on the
downstream side of the photovoltaic value chain, the manufacturing of solar
cells and modules. Already in the past, SCHOTT Solar has absorbed the major part
of WSS´s wafer production.

In the context of this transaction, WACKER will perform its respective duties as
a shareholder and will support WSS with a variety of measures. All in all,
Wacker Chemie AG is expecting from its share in WSS a non-recurring negative
impact on pre-tax profit of about EUR50 million as well as an increase in
financial debt of some EUR65 million. The corresponding financial precautions
will be appropriately recorded in the company´s financial statements for Q3
2009.

Further inquiry note:
Investor Relations
Tel.: +49 (0)89 6279 1633
E-Mail: [email protected]
Ende der Mitteilung euro adhoc
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issuer:   Wacker Chemie AG
          Hanns-Seidel-Platz 4
          D-81737 München
phone:    +49 (0) 89 6279 01
FAX:      +49 (0) 89 6279 1770
mail:     [email protected]
WWW:      http://www.wacker.com
sector:   Chemicals
ISIN:     DE000WCH8881
indexes:  Midcap Market Index, MDAX, CDAX, Classic All Share, HDAX, Prime All
          Share

stockmarkets: regulated dealing/prime standard: Frankfurt
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

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