Solar-Fabrik AG

euro adhoc: Solar-Fabrik AG
other
Solar-Fabrik and Hoku determine polysilicon supply volume

@@start.t1@@--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------@@end@@

Contracts

29.12.2007

After Global Expertise Wafer Division, Ltd. (GEWD), a wholly owned subsidiary of Solar-Fabrik AG, Freiburg, had secured in September 2007 the first delivery tranche under a polycrystalline silicon contract with Hoku Materials , Inc. (Hoku) by opening a cash-collateralized US$ 25 million letter of credit for the agreed upon volumes and prices, the contracting parties have agreed to continue their cooperation on the basis of the first letter of credit. GEWD will not post the second letter of credit. As provided under the terms of the agreement, Hoku has exercised on December 28th, 2007 its contractual option to reduce the total volume of polysilicon to be supplied to the first tranche at the prices agreed upon for this tranche. However, both parties will continue their discussions to possibly increase their allocation from Hoku´s potential future expansions.

@@start.t2@@end of announcement                                                 euro adhoc
--------------------------------------------------------------------------------@@end@@

ots Originaltext: Solar-Fabrik AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Martin Schlenk
Investor Relations
phone: 0049 761 4000 207

Branche: Alternative energy
ISIN:      DE0006614712
WKN:        661471
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Stuttgart / free trade
              Börse München / free trade



Weitere Meldungen: Solar-Fabrik AG

Das könnte Sie auch interessieren: