euro adhoc: Conergy AG / Restructuring & Recapitalisations / Placing of Conergy AG’s new shares successfully completed (E)

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08.03.2007

Placing of Conergy AG’s new shares successfully completed

Hamburg, March 8th, 2007: Following today´s Ad-hoc release concerning the
proposed capital increase and placing, Conergy reports the successful completion
of the accelerated bookbuilding. A total of 2,999,999 shares, equivalent to 10%
of the share capital before the issue, were placed successfully to German an
international institutional investors. The placing price was 50 Euro per share.
The proceeds for the transaction amounted to approximately Euro 150 million. The
total number of shares outstanding of Conergy AG will increase to 32,999,999.
Commerzbank Corporate & Markets and J.P. Morgan Securities Ltd. acted as Joined
Lead Managers and Joined Bookrunners for the transaction.

This capital increase against cash representing an increase of approximately 10
% of the share capital was resolved by the Management Board and approved by the
Supervisory Board and is based on an authorization granted by the general
meeting on May 29th, 2006. The new shares will be issued excluding the
pre-emptive rights of existing shareholders.

Further inquiry note:
Thorsten Vespermann
Tel.: +49 (0)40 237 102 171
E-Mail: t.vespermann@conergy.de

end of announcement euro adhoc 08.03.2007 20:46:27
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emitter: Conergy AG
Anckelmannplatz 1
D-20537 Hamburg
phone: +49 (0)40 237 102 0
FAX: +49 (0)40 237 102 148
mail: info@conergy.de
WWW: http://www.conergy.de
ISIN: DE0006040025
indexes: TecDAX, Technologie All Share, CDAX, HDAX, Prime All Share, Midcap
Market Index
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse, Börse
Düsseldorf, Niedersächsische Börse zu Hannover
sector: Energy
language: English

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