centrotherm photovoltaics AG

EANS-News: centrotherm photovoltaics AG moves to the General Standard

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.

Company Information

Blaubeuren (euro adhoc) - November 30, 2012 - Shares in centrotherm
photovoltaics AG  will  be
traded effective  March  1,  2013,  in  the  General  Standard  segment  of  the
regulated market on the Frankfurt Stock Exchange. Listing in the Prime  Standard
segment ends February 28, 2013.  The  Frankfurt  Stock  Exchange  has  meanwhile
approved the company's application for this move, and the change of segment  has
been published on the Internet at www.deutsche-boerse.com.

The  move  to  the  General  Standard  takes  place  as  part  of  the   current
restructuring process. "In the present  situation  we  must  take  advantage  of
every option to save costs. Switching from the Prime  Standard  to  the  General
Standard  will  spare  us  the  expense  of  both  listing   and   consequential
obligations. While at the same time, our shareholders  will  continue  to  enjoy
the unrestricted opportunity to  trade  their  shares  on  the  Frankfurt  Stock
Exchange," explained CFO Dr. Thomas Riegler.

centrotherm photovoltaics AG is currently undergoing a process  of  self-managed
restructuring. If creditors agree to the debt-to-equity  swap  proposed  in  the
restructuring plan, the number of shares in free float would  also  be  reduced.
With this in mind also, the move to the General Standard is  an  expedient  step
to take.

About centrotherm photovoltaics AG
centrotherm photovoltaics AG, which is based at Blaubeuren, Germany, is a
globally leading technology and equipment provider 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, and
crystalline solar cells and 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 chain. centrotherm
photovoltaics guarantees its customers important performance parameters such as
production capacity, efficiencies, and completion deadlines. The Group
currently employs around 1,300 staff, and operates globally in Europe, Asia and
the USA. centrotherm photovoltaics achieved revenue in the 2011 financial year
of around EUR 700 million. The company is listed in the Prime Standard on the
Frankfurt Stock Exchange.

Further inquiry note:
Saskia Feil
Senior Manager Investor & Public Relations
Tel: +49 7344 918-8890
E-mail: saskia.feil@centrotherm.de

Nathalie Albrecht
Manager Public Relations
Tel: +49 7344 918-6304
E-mail: nathalie.albrecht@centrotherm.de

end of announcement                               euro adhoc 

company:     centrotherm photovoltaics AG
             Johannes-Schmid-Str. 8
             D-89143 Blaubeuren
phone:       +49 (0) 7344 91880
mail:     info@centrotherm.de
WWW:      http://www.centrotherm.de
sector:      Energy
ISIN:        DE000A0JMMN2
indexes:     Prime All Share, GEX, ÖkoDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English

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