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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

Further inquiry note:

Franz Nieper / Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-77
E-Mail: Invest@aleo-solar.de

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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