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centrotherm photovoltaics AG

EANS-News: Change in the management board of centrotherm photovoltaics: Dr. Thomas Riegler succeeds Oliver M. Albrecht

Blaubeuren (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
Board of Directors (Appointments and Changes)
Blaubeuren, June 21, 2010 - The supervisory
board of centrotherm photovoltaics AG has appointed Dr. Thomas 
Riegler (41) as Chief Financial Officer (CFO) with effect as of 
August 1, 2010. Dr. Riegler will replace Oliver M. Albrecht, who is 
taking on a new professional challenge and leaves office on 30 June 
2010. "We thank Oliver Albrecht for many years of mutual trust and 
cooperation in the management board and wish him well for his future 
career. Apart from the Initial Public Offering in 2007, he has 
accompanied our strong growth in recent years in a professional and 
very successful manner," says Robert M. Hartung, CEO of centrotherm 
photovoltaics.
Following his studies in business administration in Graz, Nice and 
Chicago and some years as consultant, Dr. Riegler held various 
executive functions in Daimler-Group in more than 12 years, both 
domestically and abroad, most recently as CFO of the Belgian 
Mercedes-Benz Belgium Luxembourg S.A. with a turnover of EUR 1.4 
billion and a staff of 1.100. "After many years in a major group, I 
find it very tempting to bring my extensive experience and skills to 
bear in a young technology company such as centrotherm photovoltaics 
and thereby contribute to its sustained growth," says Dr. Riegler. 
Hartung adds: "With Dr. Riegler, we have gained an acknowledged 
expert with international experience who is sure to continue the good
work of Oliver Albrecht."
About centrotherm photovoltaics AG centrotherm photovoltaics AG, 
headquartered at Blaubeuren, is one of the world's leading technology
and equipment providers for the photovoltaics sector. The company 
equips well-known solar companies and new sector entrants with 
turnkey production lines and single equipment to manufacture silicon,
crystalline solar cells and thin film modules. As a consequence, the 
Group possesses a broad and well-founded technological basis, as well
as key equipment at practically all steps of the photovoltaics 
value-creation chain. centrotherm photovoltaics guarantees its 
customers important performance parameters such as production 
capacity, efficiencies, and completion deadlines. The Group employs 
around 1,100 staff members, and operates in Europe, Asia and the USA.
In the 2009 financial year, centrotherm photovoltaics achieved 
revenue of EUR 509.1 million, and EBIT of EUR 37.2 million. The 
company is listed in the TecDax of the Frankfurt Securities Exchange.
end of announcement                               euro adhoc

Further inquiry note:

Company contact:
Saskia Schultz-Ebert
Senior Manager Investor Relations
Tel: +49 7344 918-8890
E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:
Britta Cirkel, Christina Siebels
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-23 /-58
E-mail: b.cirkel@hoschke.de; c.siebels@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Index: TecDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade

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