euro adhoc: Solar-Fabrik AG / quarterly or semiannual financial statement / In the first quarter of 2008, Solar-Fabrik AG grew its revenue to 53.102 million EUR; compared to Q1 2007, earnings increas

--------------------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
--------------------------------------------------------------------------------

3-month report

09.05.2008

In the first quarter of 2008, Solar-Fabrik AG (ISIN: DE0006614712)
increased its consolidated sales by some 194% (53.102 million euros)
compared to Q1 2007 (18.058 million euros). The net profit for the
quarter under review amounted to 1.048 million euros compared to
0.806 million euros in Q1 2007. Adjusted for net currency conversion
losses in the amount of 2.734 million euros, EBIT is posted at 3.253
million euros (1.003 million euros in Q1 2007), which is equivalent
to a margin of around 6%.

In first quarter of 2008, the Wafer Division at Solar-Fabrik posted
an overall volume of around 24.308 million euros, some 18.181 million
euros of which was generated outside the Group. This Division thus
increased its sales by 10.075 million euros over the level of Q1
2007, equivalent to a growth rate of approximately 71%. The segmental
result amounted to 3.249 million euros (2.452 million euros in Q1
2007), with the EBIT margin exceeding 13%.

The "Solar Power Systems" Segment posted 34.911 million euros in
sales in Q1 2008, almost all of which was outside the Group. Compared
to Q1 2007, sales grew by some 350 % to 27.158 million euros.
Overall, EBIT in the Division is posted at 49,000 euros (compared to
-1.528 million euros in Q1 2007) when adjusted for net currency
conversion losses. In other words, the upswing in earnings planned
for 2008 was already achieved in the first quarter.

In Q1 2008, the Solar Cell Division posted a loss of 126,000 euros
(compared to a loss of 152,000 euros in Q1 2007) due to the ongoing
bottleneck in the supply of raw materials. For the year as a whole, a
slightly positive EBIT is expected.

The Wafer Preparation segment, which currently operates nearly
entirely within the Group, posted income in the amount of 82,000
euros after 234,000 euros in Q1 2007. Wafer Preparation is currently
being expanded. The second plant, which will double production
capacity, launches production in the second quarter of 2008.
Furthermore, the first significant revenue outside the Group will be
realized in the current fiscal year.

For fiscal 2008, the reliable sales revenue target remains at up to
250 million euros. The adjusted EBIT margin was around 6% in the
first quarter, confirming the forecast for the year as a whole at
around 5%.

end of announcement euro adhoc
--------------------------------------------------------------------------------

ots Originaltext: Solar-Fabrik AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Martin Schlenk

Tel. +49(0)761 4000 207

E-Mail: m.schlenk@solar-fabrik.de

Branche: Alternative energy
ISIN: DE0006614712
WKN: 661471
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse München / free trade