euro adhoc: centrotherm photovoltaics AG / Financial Figures/Balance Sheet / centrotherm photovoltaics doubles sales and EBIT in the first half-year • Sales rise to EUR 140.1 million (previous

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half-year figures

14.08.2008

Blaubeuren, August 14, 2008 - centrotherm photovoltaics AG,
Blaubeuren, continues to report strong growth in the first half of
2008: group sales and EBIT have more than doubled. The group
generated sales of EUR 140.1 million in the first six months of 2008
(prior-year period: EUR 61.1 million). Operating earnings (EBIT)
reached EUR 18.4 million compared to EUR 9.0 million the previous
year.

In the fist half-year 2008 the company has received several major
orders from well-known companies. This also continues to be reflected
in a high order book level, which raised by EUR 515.7 million to EUR
978.3 million as of June 30, 2008 (prior-year period: EUR 462.7
million). centrotherm photovoltaics reports very high order growth in
its solar silicon area: here orders increased by EUR 327.3 million
and amounted to EUR 435.0 million as of June 30, 2008. The equivalent
level of orders as of December 31, 2007 was EUR 107.7 million.

Due to the gratifying growth of the Group's business, the Management
Board of the company is retaining its revenue forecast of EUR 330
million to EUR 350 million for the full 2008 financial year, and an
EBIT margin of at least 12.5 percent.

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Additional information:

The EBIT margin relative to total output of 12.6 percent was below
the previous year´s level (13.8 percent) due to the fact that
proportionate consolidation of SolMic GmbH earnings was discontinued
(equity method as of January 1, 2008). centrotherm photovoltaics
holds a share in SolMic via its subsidiary enterprise GP Solar GmbH.
Earnings from SolMic were included on a proportionate basis in 2007.
If proportionate consolidation had continued, the EBIT in the first
half of 2008 would have been EUR 20.9 million and EBIT margin 13.8
percent. Operating profit before taxes (EBT) displays the
subsidiary´s positive contribution: EBT rose significantly within the
reporting period from EUR 8.9 million the previous year to EUR 20.5
million on June 30, 2008.

"We are very satisfied with the first half of the year," said Oliver
Albrecht, CFO of centrotherm photovoltaics. "Good growth in the
silicon business confirms our business model and strategy to further
establish ourselves along the solar value-creation chain, all the way
through to offering complete silicon factories. Our order backlog
shows the great potential inherent in the solar silicon area. Our aim
is to further exploit this potential." centrotherm photovoltaics
shipped the first plants for the manufacturing of polysilicon to Asia
in June 2008. centrotherm photovoltaics service staff members are
currently assembling and putting these plants into operation on a
local basis to prepare the next important milestone: "first silicon
out" for customers.

Oliver Albrecht went on to comment: "Our high order backlog level
provides a good indicator of sales growth for the next two years."

centrotherm photovoltaics has further expanded its range of services
in the quality control area during the reporting period. The company
acquired the entirety of GP Solar GmbH in April 2008. The company,
which is based in Constance, provides products, consultancy services,
and technology for photovoltaics with a focus on quality control and
process technology for the manufacturing of solar cells and solar
modules. The complete integration of GP Solar has allowed centrotherm
photovoltaics to take an important strategic step in the expansion of
its solar silicon business. As GP Solar holds a 50 % stake in SolMic
GmbH, centrotherm photovoltaics could also more closely integrated
SolMic GmbH, specialized in engineering services surrounding the
design and process optimization of silicon factories for
photovoltaics and microelectronics.

The half-yearly report can be downloaded in both German and English
from the company's website at www.centrotherm-pv.de under the menu
item Investor Relations.

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

Further inquiry note:

Company contact:

Saskia Schultz-Ebert

Senior Manager Investor Relations

Tel: +49 7344 918-8890

E-mail: saskia.schultz-ebert@centrotherm.de

Press contact:

Christina Siebels, Grit Pauli

HOSCHKE & CONSORTEN Public Relations GmbH

Tel: +49 40 3690 50-58 /-31

E-mail: c.siebels@hoschke.de; g.pauli@hoschke.de

Branche: Energy
ISIN: DE000A0JMMN2
WKN: A0JMMN
Börsen: Börse Frankfurt / regulated dealing/prime standard