Other Announcements

Solarparc GmbH

Solarparc GmbH has requested the consent of the Security Agent to a deferral of an intercompany liability owed to SolarWorld AG that serves as collateral for the creditors under the Super Senior Facility, the Senior Facility Agreement and the Notes from 30 June 2017 to 31 August 2017. The Security Agent has granted its consent.

Special repayment from excess liquidity cause technical halt of bond trading

As at December 31, 2015, SolarWorld AG had excess liquidity compared with an amount contractually agreed upon with the financial creditors as part of the financial restructuring. Therefore, special repayments will be effected to both SolarWorld bonds on April 12, 2016. The nominal amount of each note will be reduced by the amount of the respective repayment. In coordination with the involved institutions, the stock trading of both bonds, SolarWorld FRN IS. 2014/2019 Series 1116 (ISIN DE000A1YDDX6) and SolarWorld FRN IS. 2014/2019 Series 1017 (ISIN DE000A1YCN14), will presumably be temporarily suspended to enable the technical implementation of the partial repayments. Last trading day will presumably be Wednesday, April 6, 2016. Trading is expected to recommence on Tuesday, April 12, 2016.

Notes of SolarWorld FRN IS. 2014/2019 Series 1116 (ISIN DE000A1YDDX6)
Nominal amount per note: EUR 344.94
Partial repayment per note: EUR 23.43
Nominal amount per note after partial repayment: EUR 321.51
Payment date: April 12, 2016

Notes of SolarWorld FRN IS. 2014/2019 Series 1017 (ISIN DE000A1YCN14)
Nominal amount per note: EUR 354.63
Partial repayment per note: EUR 24.09
Nominal amount per note after partial repayment: EUR 330.54
Payment date: April 12, 2016

Furthermore, the loan agreements contain a provision that special repayments are to be deducted from future scheduled repayments. Due to the respective special repayments of March 31, 2015 and 2016 as well as the special repayment that will be effected on April 12, 2016, the scheduledpartial repayment originally planned for June 30, 2016 is considered as already made.


Contact
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470; Fax: +49 228 55920-9470
Email: placement@solarworld.com
Web: www.solarworld.de/en/investor-relations

Technical halt of bond trading due to partial repayments

On March 31, 2016, unscheduled partial repayments will be effected to the SolarWorld bonds. The nominal amount of each note will be reduced by the amount of the respective partial repayment. In coordination with the involved institutions, the stock trading of both bonds, SolarWorld FRN IS.2014/2019 Series 1116 (ISIN DE000A1YDDX6) and SolarWorld FRN IS. 2014/2019 Series 1017 (ISIN DE000A1YCN14), will presumably be temporarily suspended to enable the technical implementation of the partial repayments. Last trading day will presumably be Wednesday, March 23, 2016. Trading is expected to recommence on Thursday, March 31, 2016.

Notes of SolarWorld FRN IS. 2014/2019 Series 1116 (ISIN DE000A1YDDX6)
Nominal amount per note: EUR 345.38
Partial repayment per note: EUR 0.44
Nominal amount per note after partial repayment: EUR 344.94
Payment date: March 31, 2016

Notes of SolarWorld FRN IS. 2014/2019 Series 1017 (ISIN DE000A1YCN14)
Nominal amount per note: EUR 355.08
Partial repayment per note: EUR 0.45
Nominal amount per note after partial repayment: EUR 354.63
Payment date: March 31, 2016

The unscheduled partial repayments are made due to the sale of unused
machinery.

Contact
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470; Fax: +49 228 55920-9470
Email: placement@solarworld.com
Web: www.solarworld.de/en/investor-relations

SolarWorld makes further partial repayment

SolarWorld Americas Inc., a 100-percent subsidiary of SolarWorld AG, carried out its planned sale of a piece of vacant land at its site in Hillsboro, Oregon, in January 2015. Due to contractual agreements with creditors in connection with the financial restructuring of SolarWorld, this leads to a further partial repayment. Overall, it amounts to € 4.6 million and will be paid equally to holders of senior notes and to noteholders of SolarWorld’s two bonds. Noteholders will receive the following one-off payments:

Bond SolarWorld FRN IS. 2014/2019 Series 1116 / ISIN DE000A1YDDX6: € 4.27 per unit 
Bond SolarWorld FRN IS. 2014/2019 Series 1017 / ISIN DE000A1YCN14: € 4.39 per unit

This one-off repayment will be paid together with the next scheduled interest payment on March 31, 2015.

On February 24, 2015, the interest rate margin increased in line with the credit agreement by 100 basis points to 6 percent plus 3-month EURIBOR of at leat 1 percent p. a. so that interest rate for both bonds totals 7 percent p.a as of February 24, 2015. Accordingly, the following interest payments will be made on March 31, 2015:

Bond SolarWorld FRN IS. 2014/2019 Series 1116 / ISIN DE000A1YDDX6: € 5.85 per unit 
Bond SolarWorld FRN IS. 2014/2019 Series 1017 / ISIN DE000A1YCN14: € 6.01 per unit

Contact:
SolarWorld AG
Investor Relations
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email: placement@solarworld.com; Web: www.solarworld.de/en/investor-relations

SolarWorld AG consolidates Group Structure

The SolarWorld group is aiming to streamline its organizational structure under company law, primarily in order to save costs.

SolarWorld AG therefore already merged its Freiberg manufacturing subsidiary into one company in July 2014 (SolarWorld Industries Sachsen GmbH). In the United States, the group has bundled sales, manufacturing and administration under joint management at the Hillsboro/Oregon site. The restructuring of the U.S. activities was completed in October 2014 at company law level by merging SolarWorld Americas LLC with SolarWorld Industries America Inc. The company was afterwards re-named SolarWorld Americas Inc.

SolarWorld AG is planning additional measures to further consolidate its group structure:

In the United States, the group furthermore plans to merge SolarWorld Industries Services LLC as well as SolarWorld Industries Americas LLC with SolarWorld Americas Inc..

It is also the intention to merge Solarparc Ziegelscheune GmbH & Co. KG into Solarparc Verwaltungs GmbH and incorporate it into the SolarWorld AG tax group.

SolarWorld Ibérica S.L. with registered office in Madrid/Spain and SolarWorld Czech s.r.o. with registered office in Teplice/Czech Republic are to be liquidated. The relevant company activities are already being handled via SolarWorld AG in Bonn/Germany and SolarWorld Solicium GmbH in Freiberg/Germany respectively.

Bonn, October 15, 2014

SolarWorld AG takes measures for the planned merger of manufacturing subsidiaries at Freiberg site

As part of its operational restructuring, SolarWorld AG has taken the necessary legal measures to merge the three manufacturing subsidiaries in Freiberg, Deutsche Solar GmbH, Deutsche Cell GmbH and Solarfactory GmbH, into a single company. The first step was to enter the change of company name of Deutsche Solar GmbH into SolarWorld Industries Sachsen GmbH in the Commercial Register. Subject to the consent of the creditors, the next step will be to merge Deutsche Cell GmbH and Solarfactory GmbH into SolarWorld Industries Sachsen GmbH pursuant to sec. 2 et seqq. German Reorganization Act (UmwG).

The integration of the value chain stages of wafers, cells and modules into one company will allow further cost reductions and process optimizations and increase effectiveness with regard to innovations and quality.

The merger is intended to enable the Group to make expected savings of approximately € 5 million per annum and provide a decisive contribution to increase the competitiveness of the Group in the international solar market.

Bonn, June 30, 2014