EANS-Adhoc: centrotherm photovoltaics AG /

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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18.06.2012

Changes to the Management Board of centrotherm photovoltaics AG
- Jan von Schuckmann to be Chief Restructuring Officer
- Hans Autenrieth steps down from Management Board

Blaubeuren, June 18, 2012 - The Supervisory Board of centrotherm
photovoltaics AG has appointed Jan von Schuckmann as Chief
Restructuring Officer (CRO) with effect as of June 18, 2012. In his
Management Board role, he will be responsible for the further
implementation of the ct focus restructuring program, and will
oversee the current discussions with banks about the future financing
of the centrotherm Group.

Hans Autenrieth, company founder and Management Board member of many
years' standing, has decided as part of this restructuring to
relinquish his Management Board mandate also with effect as of June
18, 2012. Hans Autenrieth will continue to be available to the
company in a consultative function with his extensive experience and
contacts.

---End of the ad hoc announcement ---

Supplementary information to the ad hoc announcement: Jan von
Schuckmann studied economics and draws on more than 15 years of
restructuring experience. He has held positions at Herlitz AG between
2002 and 2011, most recently as CEO with responsibility for this
listed group's strategic reorientation.

Hans Autenrieth intends to make himself available for this year's
Supervisory Board elections.

"With Jan von Schuckmann, we have gained an expert for our management
team who commands extensive experience from a restructuring process,"
commented Robert M. Hartung, CEO of centrotherm photovoltaics AG. "I
would like to thank my Management Board colleague and co-founder Hans
Autenrieth for his great commitment, and for the creation and
establishment of centrotherm. It gives me great pleasure that he
intends to continue to make his expertise available to us in the
Supervisory Board."

About centrotherm photovoltaics AG centrotherm photovoltaics AG,
which is based at Blaubeuren, Germany, is a globally leading
technology and equipment provider for the photovoltaics sector. The
company equips well-known solar companies and new sector entrants
with turnkey production lines and single equipment to manufacture
silicon, and crystalline solar cells and modules. As a consequence,
the Group possesses a broad and well-founded technological basis, as
well as key equipment at practically all steps of the photovoltaics
value chain. centrotherm photovoltaics guarantees its customers
important performance parameters such as production capacity,
efficiencies, and completion deadlines. The Group employed around
1,900 staff as of the December 31, 2011 reporting date, and operates
globally in Europe, Asia and the USA. centrotherm photovoltaics
achieved revenue in the 2011 financial year of around EUR 700
million. The company is listed in the Prime Standard on the Frankfurt
Stock Exchange.

Further inquiry note:
Saskia Feil
Tel: +49 (0) 7344 918-8890
saskia.feil@centrotherm.de

end of announcement euro adhoc
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issuer: centrotherm photovoltaics AG
Johannes-Schmid-Str. 8
D-89143 Blaubeuren
phone: +49 (0) 7344 91880
mail: info@centrotherm.de
WWW: http://www.centrotherm.de
sector: Energy
ISIN: DE000A0JMMN2
indexes: Prime All Share, GEX, ÖkoDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart, ADR:
Borsa Italiana (Mailand), regulated dealing/prime standard:
Frankfurt
language: English