centrotherm photovoltaics AG

centrotherm photovoltaics starts second share repurchase

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Blaubeuren (euro adhoc) - 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
•       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
Börsen: Börse Frankfurt / regulated dealing/prime standard

Original-Content von: centrotherm photovoltaics AG, übermittelt durch news aktuell

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