EANS-News: German Pellets Maintains Good Credit Rating

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Ratings

Subtitle: Creditreform awards pellet manufacturer investment grade
status / Continued successful growth

Wismar / Germany (euro adhoc) - German Pellets has once again been
assigned a BBB corporate credit rating by Creditreform. The rating
reaffirms German Pellets´ "highly satisfactory financial standing".
"This reflects our company´s financial strength and high market share
on the European pellet market," said Peter Leibold, managing partner
of German Pellets GmbH.

In its annual rating, the rating agency Creditreform scored the
pellet producer German Pellets comfortably within the investment
grade range, which - according to the rating report - is an
above-average assessment relative to the economy as a whole.

The rating report focuses primarily on the strong market position of
the German Pellets Group. "The rating validates our business
strategy, which includes, above all, the expansion of production
capacities and sales structures, as well as the continued increase of
market share," said Peter Leibold. The rating also demonstrates the
successful and sustainable growth of the company. In the current
financial year, the overall performance and operating income have
increased significantly. The management expects sales to total
approx. 300 million euros.

About German Pellets German Pellets is the largest pellet
manufacturer in Europe and the market leader in Germany. Founded in
2005 in Wismar, Mecklenburg-Vorpommern, the German Pellets Group now
has approx. 400 employees and operates 14 manufacturing sites, where
it produces an environmentally friendly and carbon-neutral fuel from
renewable resources.

Further inquiry note:
Claudia Röhr
Tel.: 03841 30306412
E-Mail: claudia.roehr@german-pellets.de

end of announcement euro adhoc
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company: German Pellets GmbH
Am Torney 2a
D-23970 Wismar
phone: +49 (0) 3841 30 30 6 0
FAX: +49 (0) 3841 - 30 30 6 91 00
WWW: http://www.german-pellets.de
sector: Energy
ISIN: DE000A1H3J67
indexes:
stockmarkets: Open Market: Frankfurt, free trade/Bondm: Stuttgart
language: English