aleo solar AG

euro adhoc: aleo solar AG
Joint Ventures/Cooperation/Collaboration
aleo solar AG establishes joint venture with Sunvim Group Co. Ltd. to build solar module plant in China

-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information 22.02.2008 Oldenburg/Prenzlau. aleo solar AG [ISIN: DE000A0JM634] today announced that it has signed a joint venture agreement with Sunvim Group Co. Ltd. (SZSE: 002083) for the construction of a solar module production plant in Gaomi (Shandong province). One aspect of the agreement is the foundation of avim solar Co. Ltd., a joint venture owned in equal parts by the two partners. avim solar Co. Ltd. will complete the module production plant by the end of 2009. aleo solar AG will be responsible for providing the solar cells for the plant, which will initially have a capacity of 50 megawatts. Together with its own production plants in Germany and Spain amounting to a capacity of 180 megawatts by the end of 2009, the aleo solar Group is well prepared for future growth. The solar modules will be sold exclusively through aleo solar. The goal is to meet the growing demand for solar modules in the growth markets of Asia. Industry experts agree that a market volume of at least EUR 8 billion can be expected in South Korea, Japan and China by the year 2012. aleo solar AG will secure a portion of this market through its joint venture. The Sunvim Group, a Chinese multi-operation enterprise, is the official licensed manufacturer of textiles for the 2008 Olympic Games in Beijing and a popular supplier for European brands. end of announcement euro adhoc -------------------------------------------------------------------------------- ots Originaltext: aleo solar AG Im Internet recherchierbar: Further inquiry note: Franz Nieper / Yvonne Meyer Investor Relations, Legal & Compliance Tel.: +49 (0)441-21988-77 E-Mail: Branche: Alternative energy ISIN: DE000A0JM634 WKN: A0JM63 Index: CDAX, Prime All Share, Technologie All Share Börsen: Börse Frankfurt / regulated 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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