EANS-News: Capital increase at Sunways AG completed; LDK Solar Group has become new major shareholder

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Mergers - Acquisitions - Takeovers/Restructuring & Recapitalisations

Subtitle: - Capital increase at Sunways AG has been recorded in the
commercial register - Increase in share capital to EUR 17,378,613 has
been implemented - All new shares subscribed by LDK Solar Germany
Holding GmbH

Konstanz (euro adhoc) - 01 March 2012 - The increase in the share
capital of Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207) to EUR
17,378,613 has been validly completed. On 23 February 2012, the
increase in the capital of Sunways AG resolved on 31 December 2011
was recorded in the commercial register. The capital increase was
implemented from authorized capital through the issuance of a total
of 5.79 million shares against cash contribution and contributions in
kind, in both cases excluding the preemptive rights of existing
shareholders. All new shares have been subscribed by LDK Solar
Germany Holding GmbH who, with more than 30 percent of the voting
rights, is now Sunways AG´s major shareholder.

LDK Solar Germany Holding GmbH is an indirect subsidiary of LDK Solar
Co., Ltd. (LDK:US, LDK.N, ISIN US50183L1070), one of the ten largest
photovoltaics companies in the world in terms of sales. As the
world´s largest fully integrated manufacturer of silicon, wafers,
solar cells and solar modules, LDK Solar has supplied raw materials
to Sunways AG for many years and has been cooperating with the
company in the production of Sunways Solar Modules since 2010.

Further inquiry note:
Dr. Harald F. Schaefer
Head Corporate Communications and Investor Relations
Tel.: +49 (0)7531 996 77-415
E-Mail: communications@sunways.de

end of announcement euro adhoc
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company: Sunways AG
Macairestr. 3 - 5
D-78467 Konstanz
phone: +49 (0)7531 99677 0
FAX: +49 (0)7531 99677 10
mail: info@sunways.de
WWW: http://www.sunways.eu/de
sector: Alternative energy
ISIN: DE0007332207
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English