aleo solar extends supply contracts with Q-Cells

Module manufacturer secures a further 110 MWp of solar cells

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

companies

Prenzlau/Oldenburg (euro adhoc) - aleo solar AG has signed a contract
package with Q-Cells AG, doubling the delivery volume of solar cells
under two existing contracts. Only a few days ago, aleo solar
announced the conclusion of a supply contract with Q-Cells for its
Spanish manufacturing subsidiary in Barcelona. All in all, aleo solar
has now signed medium- and long-term contracts with a total of three
prominent suppliers. The total volume of contractually secured solar
cells for the next 10 years amounts to well over 600 MWp.

Jakobus Smit, CEO of aleo solar AG, explained "Reliable cell supplies
are a strategic necessity that we have achieved with this long-term
contract. This strengthens our position in the European photovoltaic
technology market and shows that our ‘pure player’ strategy is paying
off. Our approach is not based on capital-intensive and time-costly
backwards integration, but rather concentrates on economies of scale.
We are focusing our resources on building and expanding our
production capacities, which will lead to rapid organic growth."

Heiner Willers, Smit’s fellow member of the Management Board,
commented: "The aleo brand is internationally recognised for its high
quality. For this reason the pool of potential suppliers is highly
restricted. Contracts like the one with Q-Cells ensure that we can
continue to sustainably guarantee our high quality in the coming
years." aleo solar AG distributes its products in Germany via a
country-wide network of fitters. In Spain the Company also supplies
utilities and renewable energies groups.

Contact: Investor Relations: aleo solar AG | Franz Nieper | Osterstr.
15 | 26122 Oldenburg | Germany T +49 (0) 441 219 88 - 77 | F +49 (0)
441 219 88 - 69 E invest@aleo-solar.de | www.aleo-solar.de

Communications Agency: HOSCHKE & CONSORTEN | Andreas Hoschke |
Deichstr. 29 | 20459 Hamburg | Germany T +49 (0) 40 36 90 50 - 55 | F
+49 (0) 40 36 90 50 - 10 E a.hoschke@hoschke.de | www.hoschke.de

end of announcement euro adhoc 26.02.2007 08:46:07
--------------------------------------------------------------------------------

ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Yvonne Meyer
Investor Relations, Legal & Compliance
Gewerbegebiet Nord
17291 Prenzlau
Telefon: +49(0)441-21988-77
Fax: +49(0)441-21988-69
E-Mail: invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade