EANS-News: REPO Renewable Power Operating GmbH / Benefit from the power of the sun - REPO floats photovoltaic bonds

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Company Information/Bonds

St. Veit an der Glan (euro adhoc) - 2 Corporate bonds - Floater: 12
month Euribor + 3% p.a./Duration 6.5 years/ volume up to EUR 1.25
million - Stepped coupon bond: 7% p.a. in the first 5 years/ 8% p.a.
in the sixth to tenth years/ volume up to EUR 1.25 million Minimum
subscription amount EUR 50,000.- Denomination EUR 10,000.-
Subscription period, from 15th. November 2011 to 30th.June 2012

REPO Renewable Power Operating GmbH, an internationally acting
photovoltaic power plant owner with its seat in St.Veit/Glan,
Austria, is issuing its first 2 corporate bonds with a total volume
of EUR 2.5 million to the market. The Floater is offered with a
variable interest rate over a period of 6.5 years. The stepped coupon
bond is offered with a fixed interest rate for 10 years. The minimum
subscription amount is 50,000EUR. Subscription can be made from the
15th.November 2011 to the 30th.June 2012 directly with the company
(www.repo-operating.com) and Ecofin, the authorised investment
service provider.

REPO Renewable Power Operating GmbH realises and operates
high-efficiency photovoltaic large-scale power stations in central,
southern and eastern Europe. 2 solar parks in Italy, having a total
output of 1.7 MW, were connected to the mains network in 2011. The
bond capital is to be used to acquire and operate additional turnkey
solar power stations. REPO is planning a total power output of 7 MW
in 2012, primarily using new projects in Bulgaria, Slovenia, Italy
and Romania.

"The bond is aimed both at the private investor and at the
institutional investor, who wants to invest actively in the energy of
the future at outstandingly attractive annual levels of return", says
Robert Kanduth, founder and sole owner of REPO. "Our investors profit
from the close collaboration with KIOTO Photovoltaics, Austria's
leading PV module producer, and their high-efficiency European
quality modules, and our bundled and long-term know-how in the growth
market of photovoltaics", Kanduth went on to say.

Overview of the bond offer

2 types of bond: - variable-interest bond with a duration of 6.5
years ("Floater") - fixed-interest stepped coupon bond with a
duration of 10 years ("Stepped coupon bond") Issuer: REPO Renewable
Power Operating GmbH Project: Development, construction and operation
of energy generation plant Focus: Solar in European countries
Subscription period: up to 30th. June 2012 Interest payment: 15th.
November of the following year - 1st. payment 15th. November 2012
Form of participation: Owner partial debenture with a fixed repayment
rate Denomination: EUR 10,000.00 - but with EUR 50,000.00 minimum
subscription sum Stock price: up to 15th. December 2011 issue at the
nominal stock price, thereafter monthly adjustment of the stock price
Issue surcharge: 3% Repayment rate: 100% Duration: 6.5 years
(Floater) and 10 years (stepped coupon bond) Interest: Floater: 12
month Euribor + 3% p.a. Stepped coupon bond: in the first five years
7% p.a., in the sixth to tenth years 8% p.a. Currency: EURO ISIN: -
Floater: AT 0000A0S6C7 - Stepped coupon bond: AT 0000A0S6D5 Issue
volume: in each case up to EUR 1.25 million - with the possibility of
increasing the volume by a further 200% Paying agent: Volksbank GHB
Kärnten AG

Further inquiry note:
Bond sales and consultation:

ECOfin Invest Consulting und Beteiligungs GmbH
Authorised investment service company
Mag. Anton Sgaga
T: +43 4227 84966
F: +43 4227 84524
M: +43 664 5132907
E: office@ecofin.at
www.ecofin.at

Issuer:

REPO Renewable Power Operating GmbH
Managing Director: Dr. Adolf Rausch
M: +43 664 3900710
Managing Director: DI Ingram Eusch
T: +43 4212 28 300-430
Solarstrasse 1
9300 St. Veit an der Glan, Austria
E: office@repo-operating.com
www.repo-operating.com

end of announcement euro adhoc
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company: REPO Renewable Power Operating GmbH
Solarstraße 1
A-9300 St. Veit an der Glan
phone: +43(0)463 32 74 61 10
mail: office@repo-operating.com
WWW: www.repo-operating.com
sector: Energy
ISIN: -, AT0000A0S6C7; AT0000A0S6D5
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language: English