EANS-News: SOLON SE / SOLON SE successfully concludes refinancing

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Company Information/Group financing

Berlin (euro adhoc) - Berlin, June 1, 2010 - Berlin-based SOLON SE
announced the successful conclusion of the reorganization of its
Group financing. The syndicated loan now concluded under the lead
management of Deutsche Bank AG and extending until year-end 2011
includes commitments for cash credit facilities and facilities by way
of bank guarantees totaling EUR275 million. It is partially backed by
a default guarantee from the German federal government and the
federal states of Berlin and Mecklenburg-Vorpommern. In addition to
Deutsche Bank AG as lead manager, seven additional German banks are
participants in the financing. "The complete financing now achieved
is an expression of the confidence of the banks and guarantors in our
Company's potential and forms the basis for the targeted return to
profitable growth. We would especially like to express our gratitude
to Deutsche Bank AG who has made a substantial contribution to the
successful conclusion of this round of financing," said Stefan
Säuberlich, CEO of SOLON SE.

About SOLON SE: SOLON SE is one of the largest manufacturers of solar
modules in Europe as well as a supplier of solar system technology
for large-scale rooftop and greenfield installations. The SOLON Group
has subsidiaries in Germany, Austria, Italy, Switzerland, and the
U.S. and employs some 900 people worldwide. SOLON´s core business is
producing solar modules and photovoltaic systems along with planning
and constructing large rooftop installations and turnkey solar power
plants all over the world.

Press contact:

SOLON SE
Therese Raatz
Investor Relations
Telefon: 030 / 818 79 - 9305
Telefax: 030 / 818 79 - 9300
E-Mail: therese.raatz@solon.com

end of announcement euro adhoc
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ots Originaltext: SOLON SE
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Therese Raatz

Head of Corporate Communications

Tel.: +49 30 818 79-9305

E-Mail: therese.raatz@solon.com

Branche: Energy
ISIN: DE0007471195
WKN: 747119
Index: Midcap Market Index, CDAX, HDAX, Technology All Share, GEX,
ÖkoDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / regulated dealing
Hamburg / regulated dealing
Stuttgart / regulated dealing
Düsseldorf / regulated dealing
München / regulated dealing