DGAP-Adhoc: centrotherm photovoltaics AG: Algerian client cancels order to construct fully integrated solar module factory

centrotherm photovoltaics AG / Key word(s): Contract

14.06.2013 13:08

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to Section 15 of the German
Securities Trading Act (WpHG)

centrotherm photovoltaics AG: Algerian client cancels order to construct
fully integrated solar module factory

Blaubeuren, June 14, 2013 - With a letter dated June 13, 2013, CEEG, a
subsidiary of Société Nationale de l'Electricité et du Gaz (Sonelgaz), has
notified the consortium consisting of centrotherm photovoltaics AG and
Kinetics Germany GmbH that it is cancelling the contract to construct a
fully integrated solar module factory in Algeria. The original project
volume amounted to around EUR 290 million. The company is examining the
effectiveness and significance of this cancellation.

Even a legally effective cancellation would have no negative effects on the
planned cash flow of centrotherm photovoltaics AG and the company's future
development. Any damage compensation claims against the company would be
covered by the insolvency plan.

--- End of the ad hoc announcement ---

About centrotherm photovoltaics AG

centrotherm has been developing and realizing innovative thermal solutions
for over 50 years. As a leading and globally operating technology group, we
offer production solutions for the photovoltaic, semiconductor and
microelectronic industries.
The continuous further development of our successful solutions in thermal
processing and coating, such as for manufacturing crystalline solar cells
and power semiconductors, form the basis for our successful partnerships
with industry, research and development.
Our customers worldwide appreciate our production systems' process
stability, scalability and availability in mass production. Above and
beyond this, our work is distinguished by the fact that we create high-end
process technology solutions which are specific for our customers and
tailored to their requirements, and the fact that we are outstanding in
system building.
We jointly confront the daily challenges of setting new trends, maximizing
the efficiency of producing, for example, solar cells and semiconductors,
and, coupled with our long machine durations, of securing investments.
In this way, we generate valuable competitive advantages for our customers
through targeted innovations to processes and production solutions.
Our around 900 staff worldwide are committed to the further development of
high-tech solutions for key markets.

centrotherm photovoltaics AG
Johannes-Schmid-Strasse 8
89143 Blaubeuren
Internet: www.centrotherm.de
ISIN: DE000A0JMMN2
WKN: A0JMMN
Admitted to the Regulated Market/General Standard, Frankfurt Securities
Exchange
Corporate domicile: Germany

Contact:
Nathalie Albrecht
Manager Public and Investor Relations
Tel: +49 7344 918-6304
E-mail: investor@centrotherm.de

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Language: English
Company: centrotherm photovoltaics AG
Johannes-Schmid-Strasse 8
89143 Blaubeuren
Germany
Phone: +49 7344 918-0
Fax: +49 7344 918-8388
E-mail: info@centrotherm.de
Internet: www.centrotherm.de
ISIN: DE000A0JMMN2
WKN: A0JMMN
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart

End of Announcement DGAP News-Service

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