ErSol Solar Energy AG

euro adhoc: ErSol Solar Energy AG
Strategic management decisions
ErSol Solar Energy AG enters into the field of thin-film module production

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- 30.03.2006 ErSol Solar Energy AG enters into the field of thin-film module production - ErSol signs letter of intent (LOI) relating on production equipment for silicon thin-film modules with Swiss UNAXIS S.A. - Envisaged development of annual production capacities of 40 MWp by 2008 - Expansion of technological core competence to include silicon-saving thin-film technology Early this morning, the ErSol Group signed a LOI with the Swiss enterprise UNAXIS S.A. on production equipment for silicon thin-film modules. UNAXIS S.A. is a globally leading company in the area of thin-film and vacuum technology. In the period up to 2008, the ErSol Group is planning to develop - initially on a gradual basis subject to milestones - production capacities of 40 MWp per annum. To this end, more than 80 million euros will be invested in the thin-film module production plan to be erected in Thuringia and about 100 new permanent jobs will be created. The medium-term annual capacity target is 100 MWp. The production activities in the area of thin-film technology are envisaged to be conducted by an independent subsidiary and to contribute to the corporate result from the summer 2007 onwards. Going into thin-film technology opens up an additional growth option for the ErSol Group which is almost independent of the availability of silicon and also offers a significant cost-saving potential. end of announcement euro adhoc 30.03.2006 07:09:16 -------------------------------------------------------------------------------- ots Originaltext: ErSol Solar Energy AG Im Internet recherchierbar: http://www.presseportal.de Further inquiry note: Sonja Teurezbacher Investor Relations Manager +49 (0)361 2195 130 sonja.teurezbacher@ersol.de Branche: Alternative energy ISIN: DE0006627532 WKN: 662753 Index: CDAX, TecDAX Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard

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