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centrotherm photovoltaics AG

centrotherm photovoltaics starts second share repurchase

Blaubeuren (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
shares
centrotherm photovoltaics starts second
share repurchase
•       Share repurchase of up to 128,014 shares
•       Purpose: Payment for the acquisition of the remaining shares in SolMic
GmbH
•       Share repurchase shall be concluded by December 31, 2008
Blaubeuren, November 7, 2008 - As announced on October 14, 2008 the 
Management Board of centrotherm photovoltaics AG has passed a 
resolution concerning the execution of a share repurchase of up to 
128,014 shares. This corresponds to 0.6 percent of the current issued
share capital of the provider of technology and services for the 
manufacturing of solar cells and solar silicon. The purchase price 
per share (excluding ancillary purchase costs) maybe neither 10 
percent higher nor 10 percent lower than the price calculated for the
company's share on the relevant stock market trading date by the 
opening auction in Deutsche Börse AG's Xetra trading.
Pursuant to safe harbor regulations, the intention is that a mandated
bank shall perform the repurchase independently and uninfluenced by 
the company.
The share repurchase can be commenced immediately on the basis of the
resolution of the Shareholders' General Meeting of June 11, 2008. The
repurchased shares will be used as part-payment for the acquisition 
of the remaining 50 percent of the shares in SolMic GmbH, which 
occurred in August 2008, and will be transferred to Dr. Albrecht 
Mozer. SolMic is a specialist for technology and engineering services
revolving around design and process-optimization for the production 
of polysilicon, ingot and wafers.
It is intended that the share repurchase will be concluded by 
December 31, 2008.
centrotherm photovoltaics AG Johannes-Schmid-Strasse 8 89143 
Blaubeuren Internet: www.centrotherm-pv.de ISIN: DE000A0JMMN2 WKN: 
A0JMMN Admitted to the Regulated Market/Prime Standard, Frankfurt 
Securities Exchange Registered Office: Germany
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:
Christina Siebels, Grit Pauli
HOSCHKE & CONSORTEN Public Relations GmbH
Tel: +49 40 3690 50-58 /-31
E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard

Plus de actualités: centrotherm photovoltaics AG
Plus de actualités: centrotherm photovoltaics AG