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aleo solar AG

Italy´s solar market is heating up

Oldenburg/Prenzlau (euro adhoc) -

aleo solar wins contracts worth EUR 12 million from Italian 
specialist dealers and fitters.
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
aleo solar AG can report new orders
from Italy: A number of specialist dealers and fitters have placed 
orders for aleo modules totalling EUR 12 million. Roof-mounted 
installations up to 50 kW in particular will be completed, as they 
attract high feed-in tariffs in Italy. These contracts will allow 
aleo solar AG to significantly expand its Italian customer base. They
will increase aleo solar AG´s total international order volume for 
2007 to approx. EUR 60 million by the end of July. aleo solar has had
a sales team in Italy since mid-2006. Simplified legislation was 
passed in Italy at the beginning of 2007. aleo´s sales team was 
expanded in April and its strong specialist dealer support was 
presented at the "Solarexpo" trade fair in Verona. For Jakobus Smit, 
CEO of aleo solar AG, the company´s internationalisation strategy is 
paying off: "Our customers appreciate the combination of high-quality
technology and local presence that we have demonstrated by having our
own Italian sales team. We are offering our partners certification as
aleo specialist dealers, which has been very popular. Partners who 
are certified receive preferential treatment in our aleo power 
network." A market for roof-mounted installations that is comparable 
with Germany´s is developing in Italy, where demand is particularly 
strong for solar power plants up to 50 kW. "Outstanding German 
product quality, our many years´ experience of roof-mounted 
installations and our strong specialist dealer support make aleo 
solar a sought-after partner in Italy. Italy represents our most 
important international market next to Spain," explains Christopher 
Dunne, international sales manager at aleo solar AG.
aleo solar AG, with sales operations in Oldenburg (Lower Saxony) and 
manufacturing facilities in Prenzlau (Brandenburg), was formed in 
September 2001 and produces solar modules using silicon cells. Its 
facility in Prenzlau has an annual capacity of 90 megawatts, making 
it one of the largest production plants for solar modules. At the 
beginning of 2007, production also started in Santa María de 
Palautordera (Spain), with an annual capacity of 10 MW. The Company 
generated revenue of EUR 130.4 million in 2006 with around 320 staff.
Since July 2006, aleo solar AG (DE000A0JM634) has been listed in the 
Frankfurt Stock Exchange´s Prime Standard. The Company´s acquisition 
of an equity interest in the Brandenburg-based technology enterprise 
Johanna Solar Technology GmbH has given it access to the promising 
future technique of thin-film technology.
end of announcement                               euro adhoc 06.08.2007 06:00:00

Further inquiry note:

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

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Börse Frankfurt / official 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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