EANS-Adhoc: aleo solar AG / aleo solar AG ends avim solar joint venture

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.

24.09.2012

aleo solar AG [ISIN: DE000A0JM634) ends the avim solar production Co. Ltd. joint venture based in Gaomi, China. The Board of the joint venture decided to dissolve it. Production will be shut down soon at the Gaomi plant, where the joint venture produced solar modules under the brand avim with 246 employees.

Sustainably cost-effective production is no longer possible at Gaomi due to the price drop, particularly for Chinese modules. aleo solar will supply only the premium segment in the future.

The Gaomi plant began production at the end of 2008 and its capacity by now is 90 megawatts.

end of announcement euro adhoc

issuer: aleo solar AG Marius-Eriksen-Straße 1 D-17291 Prenzlau phone: +49(0)441 21988-0 FAX: +49 (0)441 21988-690 mail: invest@aleo-solar.de WWW: http://www.aleo-solar.de sector: Alternative energy ISIN: DE000A0JM634 indexes: CDAX, Prime All Share, Technology All Share

stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, regulated dealing/prime standard: Frankfurt
language: English

Digital press kit: http://www.ots.at/pressemappe/EASY_56282/aom

Rückfragen & Kontakt:

Hermann Iding
Corporate Communications
Tel.: +49 (0)441-21988-390
E-Mail: Invest@aleo-solar.de

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE0001