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Conergy AG

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Banks consent to extend bridge financing for Conergy AG until year end

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
25.09.2008
Banks consent to extend bridge financing for Conergy AG until year 
end
Hamburg - Today Conergy AG agreed with Commerzbank AG and Dresdner 
Kleinwort the extension until 31 December 2008 of the EUR 240 million
Syndicated Bridge Loan Facility Agreement granted in February 2008. 
With this both lenders continue to support the restructuring of the 
company. Originally the bridge loan had a term until 30 September 
2008. Although an extension option until year end was already 
contractually agreed, the extension was conditional upon the consent 
of the lenders to an extension request by Conergy AG. An extension of
the term of the facility became reasonable in order to give the 
company more flexibility on the timing of the realisation of the 
envisaged capital increase. A main portion of the proceeds thereof 
are to be used for the repayment of the bridge loan. The company 
still anticipates to implement the capital increase until year end.
Disclaimer:
This communication is neither a prospectus nor does it constitute an 
offer to sell or the solicitation of an offer to purchase the shares 
or other securities of Conergy AG and it does not substitute the 
prospectus. Subject to the approval by the German Financial 
Supervisory Authority a securities prospectus will be published prior
to the offer period and made available free of charge by Conergy AG 
and the coordinators. The shares will be offered exclusively on the 
basis of the prospectus required to be approved by the German 
Financial Supervisory Authority.
This communication is not an offer of securities for sale in the 
United States of America. Securities may not be offered or sold in 
the United States of America absent registration or an exemption from
registration under the U.S. Securities Act of 1933, as amended (the 
"Securities Act").
Any public offering of securities to be made in the United States of 
America will be made by means of a prospectus that may be obtained 
from Conergy AG and that will contain detailed information about the 
company and management, as well as financial statements. Conergy AG 
does not intend to register any part of the offering in the United 
States.
The information contained in this communication is not for 
publication or distribution in or into the United States of America, 
Canada, Australia or Japan and does not constitute an offer of 
securities for sale in the United States of America, Canada, 
Australia or Japan.
end of announcement                               euro adhoc

Further inquiry note:

Christoph Marx
Tel.: +49 (0)40 27142-1634
Email: c.marx@conergy.de

Branche: Energy
ISIN: DE0006040025
WKN: 604002
Index: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade

Plus de actualités: Conergy AG
Plus de actualités: Conergy AG