aleo solar AG wins another large contract in Spain

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG today announced that
it has won another large contract from SOLARTIA. aleo solar will
supply the Spanish project developer with modules for a new solar
farm in the Navarre province. This order is expected to generate
sales worth nearly EUR 17 million. Together with the orders reported
in December, the total agreed volume of the Spanish project now
amounts to nearly EUR 62 million. SOLARTIA also has the option of
ordering another shipment of modules in 2008 worth nearly EUR 5
million.

The new Valdegón project in Torres del Río will be the largest solar
farm to exclusively use modules from aleo solar AG. The planned
photovoltaic power plant, with more than 32,000 aleo modules, will
cover 200,000 square metres and should be connected to the grid by
September 2008 at the latest. Construction will start in February.
Energy from the Valdegón solar farm will supply over 2,200 households
in sunny southern Europe, making it one of the largest photovoltaic
installations in Spain.

In 2007, aleo supplied SOLARTIA with 24,000 modules for another solar
farm in Viana. José Emilio Mendívil, managing director of SOLARTIA,
explained that past experience with aleo solar is what prompted his
company to place a follow-up order with the German solar specialist.
"The premium modules from aleo solar have met our high demands since
going into operation. We anticipate high energy yields throughout
their entire lifecycle." Mendívil said this is why the companies are
continuing their successful partnership.

The high-quality modules for the new Valdegón solar farm will be
manufactured at the main aleo plant in Prenzlau, Germany, and in
Santa María de Palautordera near Barcelona. aleo solar, the first
German solar module manufacturer in Spain, has been producing modules
in its own plant there since early 2007. "Our presence in the country
has given us permanent access to the important Spanish market," said
Jakobus Smit, CEO of aleo solar AG. "The expansion of our cooperation
with large Spanish customers shows how highly the quality of our
products is valued." The aleo plant in Spain produces modules
exclusively for the Spanish market.

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

Further inquiry note:

Franz Nieper / Yvonne Meyer

Investor Relations, Legal & Compliance

Tel.: +49 (0)441-21988-77

E-Mail: Invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
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