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Solar-Fabrik AG

euro adhoc: Solar-Fabrik AG
Management Changes
Solar-Fabrik AG: Change in the management after successful re-organisation of the Group CEO Salvamoser retires at year-end 2006, CFO Paradeis appointed by the Supervisory Board as the successor. Sales

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
28.12.2006
Today, the Supervisory Board of Solar-Fabrik AG (ISIN DE0006614712)
has agreed to the retirement of Mr. Georg Salvamoser from being the
Chief Executive Officer (CEO) of the Company as of December 31, 2006.
After accomplishing the strategic re-organisation and successful
extension of Solar-Fabrik AG to a fully integrated, international
solar group, the founder of the Company and recent CEO will retire
and be released from his operational responsibilities at year-end
2006. Mr. Salvamoser’s initial goals have been accomplished,
therefore, he would like to focus his attention on superior tasks
within the German solar industry. Mr. Salvamoser will continue to
support Solar-Fabrik by consulting the management and Supervisory
Board. In addition, he will maintain one of the main shareholders of
the Company. In it’s meeting today, the Supervisory Board of
Solar-Fabrik AG has appointed the current CFO, Mr. Christoph
Paradeis, to become the new Chairman of the Board as of January 1,
2007. Due to the actual and forecasted Group figures, Solar-Fabrik is
already able to announce an EBIT-marge of more than 5% for 2006. For
2007, sales are expected to increase by 70% to 130 million EUR. The
planned EBIT-marge is expected to be at least 10%.
Detailed information to the change in the management is offered
within the FAQs on Solar-Fabrik’s homepage www.solar-fabrik.de.
end of announcement                               euro adhoc 28.12.2006 09:00:32

Further inquiry note:

Martin Schlenk
Tel. +49(0)761 4000 207
E-Mail: m.schlenk@solar-fabrik.de

Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Bayerische Börse / free trade

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