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aleo solar AG signs cell procurement agreement with ersol Solar Energy AG

Prenzlau/Oldenburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
aleo solar AG [ISIN: DE000A0JM634]
today announced that it has signed a procurement agreement for solar 
cells with ersol Solar Energy AG (ISIN: DE0006627532). The contract, 
which runs from 2008 to the end of 2019, covers a volume of 253 
megawatts. The agreement stipulates fair market prices, and initial 
deliveries will be made as early as this summer.
Heiner Willers, member of the Management Board of aleo solar AG, 
comments: "We know that ersol produces to a high standard of quality 
and reliability. We have made the conscious decision to seek 
partnership with quality suppliers. In ersol, we have added yet 
another company to our base of cell suppliers which shares our 
understanding of quality.
Dr. Claus Beneking, chairman of the Management Board of ersol Solar 
Energy AG, says: "By agreeing on fair market prices both partners act
responsibly to ensure that they are able to offer their customers 
products at attractive prices."
Both domestically and internationally, aleo solar AG is 
systematically pursuing its growth targets. Currently, production 
capacities are being expanded from 100 to 180 megawatts by the end of
2008.
end of announcement                               euro adhoc

Further inquiry note:

Franz Nieper / Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 (0)441-21988-770
E-Mail: Invest@aleo-solar.de

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