aleo solar AG signs cell procurement agreement with Q-Cells AG

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG [ISIN: DE000A0JM634]
today announced that it has signed a procurement agreement for solar
cells with Q-Cells AG (QCE; WKN 555866). This contract, which runs
from 2008 to the end of 2019, covers a volume of at least 1,270
megawatts, with an option to expand up to a total volume of 2,270
megawatts. There will be no industry-typical advance payments;
pricing is oriented on market trends.

aleo solar AG is significantly expanding its business relations with
Q-Cells AG. "We are producing more and more modules in more and more
countries at a consistently high premium quality," says Heiner
Willers, member of the Management Board of aleo solar AG. "We can do
this because we have the necessary production expertise and pay
attention to a select quality in our materials. With Q-Cells, we have
the world's largest solar cell manufacturer on board. Our previous
experience with QCells has been excellent. We are now continuing this
high-quality partnership."

Both domestically and internationally, aleo solar AG is
systematically pursuing its growth targets. Currently, production
capacities are being expanded from 100 to 180 megawatts by the end of
2009. "We continue to believe in quality, a strong brand and absolute
customer focus in sales. With a strong partner at our side, we are
creating the foundation for the sustainable pursuit of our ambitious,
growth-oriented goals," says Jakobus Smit, CEO of aleo solar AG.

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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