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Board of Directors decides on share repurchase

SolarWorld AG starts share repurchase programme

08-10-08v3

Bonn, 08.10.2008 – Today the Board of Directors of SolarWorld AG decided to make use of the authorization granted by the annual shareholders meeting on May 21st 2008 concerning the repurchase of company shares according to § 71 Abs. (1) Nr. 8 of the German Stock Companies Act (AktG) in the amount of up to 10% of the companies capital stock. The shares may be used for all purposes mentioned in the shareholders authorization. The authorization which also includes the withdrawal of shares is limited to the end of November 21st 2009. The acquisition shall be effected via stock exchange or via public offer addressed to all shareholders; the acquisition price per share to be paid by the company shall, excluding costs and fees, in no way exceed the highest market price assessed on the acquisition day in the floor trade and computer trade sector of the Frankfurt stock exchange. The price shall in no way be more than 15% below said market price. In case of a public acquisition offer, the offered and paid acquisition price per share shall be maximum 15% above the highest market price value on the 3rd trading day before publishing the acquisition offer. The repurchase of maximum 10% of the shares shall start on October 8th 2008 in order to take advantage of the current market price level. SolarWorld Press contact SolarWorld AG Martin-Luther-King-Straße 24 53175 Bonn Germany Contact Investor Relations: Tel.-Nr.: 0228/55920-470 Contact Press: Tel.-Nr.: 0228/55920-459 Fax-Nr.: 0228/55920-9470 E-Mail: placement(at)solarworld.de Internet: www.solarworld.de

 



 
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