aleo solar signs contracts in Germany worth EUR 35 million

Company generates best revenue in it’s history in Q4 2006

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG can already report
firm orders in Germany for 2007 of EUR 35 million. These orders are
for the sale of aleo modules. Corresponding agreements were signed
with a number of fitters at the end of December and take effect in
2007. Heiner Willers, member of the Management Board of aleo solar
AG, said: "Our business in Germany picked up again significantly in
Q4." We were able to run down our inventories to a large extent and
will exceed our forecasts for the year. In a buyer’s market, module
prices are now again being seen as an incentive for investment, while
the mild winter has allowed fitters to continue working to date."
Jakobus Smit, the second Management Board member of aleo solar AG, is
also cautiously optimistic: "At a strategic level, we are driving
forward the internationalisation of our business at full speed. We
finished construction of our facility in Spain at the end of last
year as planned, and it has now started production. Our
bread-and-butter business in Germany is going well. Our total
production capacity of 100 MW (Prenzlau 90 MW, Barcelona 10 MW) gives
us precisely the capacity we need to service the continued market
upturn." The current debate about the reliability of energy supplies
underlines the need for renewable energies, and East Germany is
turning into a "Solar Valley". aleo solar AG, which is headquartered
in Prenzlau, Brandenburg, has approximately 280 employees and holds a
19% stake in the thin-film facility in Brandenburg on the Havel that
is currently being constructed by Johanna Solar Technology. This is
scheduled to start production of its first silicon-free thin-film
modules this year, with the number of employees set to rise from the
current figure of 60 to 180 during the first stage of expansion
alone.

end of announcement euro adhoc 15.01.2007 09:31:12
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ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Telefon: +49(0)441-21988-77
E-Mail: invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade


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