aleo solar AG raises revenue forecast for 2008 - Market launch for the aleo T_50 thin film modules in 2008

EUR 250 million to EUR 270 million in revenue targeted for 2008 –
with a solid EBIT margin

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Prenzlau/Oldenburg (euro adhoc) - aleo solar AG (ISIN: DE000A0JM634)
is raising its forecast for 2008: instead of the previous EUR 240
million revenue target, the Company is now expecting organic growth
to between EUR 250 million and EUR 270 million in revenue while its
EBIT margin will remain solid. Revenue generated abroad is expected
to amount to approximately 35%, and the goal of generating 50% of
revenue until the end of 2010 abroad is being reiterated.

The raised forecast is based on the sustained high demand for solar
modules and existing supply contracts for solar cells. Revenue
generated from thin film modules is not included in the forecast. The
market launch of aleo´s T_50 module, which is based on an innovative
thin film technology, is slated for 2008. However, plans to present a
prototype in September at the 22nd European Photovoltaic Solar Energy
Conference and Exhibition in Milan have been postponed. "The aleo
premium brand stands for high power yields and excellent quality. We
want to unveil a fully functional, highly efficient module - this
requires time", explained Jakobus Smit, CEO of aleo solar AG.

The innovative thin film technology is being applied on an industrial
scale for the first time by aleo solar´s cooperation partner Johanna
Solar Technology GmbH. Production and the production process are
currently being optimised with the help of the South African inventor
of this technology, Professor Vivian Alberts, in Brandenburg/Havel.
Jeroen Haberland, Johanna Solar Technology´s Managing Director: "This
is a unique and complex development process that does not always
progress evenly, especially at the beginning."

aleo solar is Johanna Solar Technology´s distribution partner and
will market the thin film module under the aleo brand name. This
cooperation is set to last for at least five years.

end of announcement euro adhoc 30.08.2007 17:28:20
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ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Franz Nieper or Yvonne Meyer
Investor Relations, Legal & Compliance
Tel.: +49 441-21988-77
E-Mail: Invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
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