euro adhoc: ersol Solar Energy AG / Restructuring & Recapitalisations / ersol Solar Energy AG resolves capital increase of up to 10%

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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27.06.2007

To proportionately finance its continued strong growth in the coming
years and the advance payments that must be made for long-term
silicon contracts, the Management Board of ersol Solar Energy AG (WKN
662 753), with the approval of the Supervisory Board, today resolved
to increase the Company´s share capital by up to EUR 1,847,048.00 by
partially exercising the authorised capital.

The Company´s share capital will hereby be increased from EUR
19,600,000.00 to up to EUR 21,447,048.00 by issuing up to 923,524 new
ersol shares against cash contributions. The new shares will be
offered to ersol shareholders by the issuing bank HSBC Trinkaus &
Burkhardt AG in the period from 2 to 17 July 2007 by way of indirect
subscription rights. ersol Solar Energy AG expects to specify the
final subscription price for the new shares on 12 July 2007.

The subscription ratio will be 10:1, that is, one new share can be
purchased for every ten ersol shares held. No trading in subscription
rights is planned. Following the subscription period, any new shares
that are not purchased will be offered by the underwriting bank to
qualified investors as part of a private placement.

The major shareholder Ventizz Capital Fund II LP has already agreed
to purchase new shares in line with its interest in ersol´s share
capital (50.41%).

end of announcement euro adhoc 27.06.2007 07:40:16
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ots Originaltext: ersol Solar Energy AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Sonja Teurezbacher
Investor Relations Manager
+49 (0)361 21 95-1130
sonja.teurezbacher@ersol.de

Branche: Alternative energy
ISIN: DE0006627532
WKN: 662753
Index: CDAX, TecDAX, HDAX, Midcap Market Index, Prime All Share,
Technologie All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade