ErSol Solar Energy AG

euro adhoc: ersol Solar Energy AG
Restructuring & Recapitalisations
ersol Solar Energy AG resolves capital increase of up to 10%

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27.06.2007

To proportionately finance its continued strong growth in the coming years and the advance payments that must be made for long-term silicon contracts, the Management Board of ersol Solar Energy AG (WKN 662 753), with the approval of the Supervisory Board, today resolved to increase the Company´s share capital by up to EUR 1,847,048.00 by partially exercising the authorised capital.

The Company´s share capital will hereby be increased from EUR 19,600,000.00 to up to EUR 21,447,048.00 by issuing up to 923,524 new ersol shares against cash contributions. The new shares will be offered to ersol shareholders by the issuing bank HSBC Trinkaus & Burkhardt AG in the period from 2 to 17 July 2007 by way of indirect subscription rights. ersol Solar Energy AG expects to specify the final subscription price for the new shares on 12 July 2007.

The subscription ratio will be 10:1, that is, one new share can be purchased for every ten ersol shares held. No trading in subscription rights is planned. Following the subscription period, any new shares that are not purchased will be offered by the underwriting bank to qualified investors as part of a private placement.

The major shareholder Ventizz Capital Fund II LP has already agreed to purchase new shares in line with its interest in ersol´s share capital (50.41%).

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ots Originaltext: ErSol Solar Energy AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 21 95-1130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN:      DE0006627532
WKN:        662753
Index:    CDAX, TecDAX, HDAX, Midcap Market Index, Prime All Share,
              Technologie All Share
Börsen:  Börse Frankfurt / official dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade



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