EANS-Adhoc: centrotherm photovoltaics AG: District Court of Ulm approves application for Chapter 11-type proceedings under the company's own administration

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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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12.07.2012

Blaubeuren/Ulm, July 12, 2012 - Today the District Court of Ulm
approved the application submitted by centrotherm photovoltaics AG to
initiate insolvency protection proceedings under its own
administration (pursuant to the German Act Relating to the Further
Simplification of the Reorganization of Companies [ESUG], and Section
270b of the German Insolvency Directive [InsO]). This ruling now
leaves the way free for the company to consistently pursue the
reorganization program that it has launched. The District Court of
Ulm has also authorized the company's own administration to contract
insolvency liabilities.

As a consequence, the prerequisites have been created to allow
suppliers and customers to continue their business relationships with
the centrotherm Group.

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end of ad-hoc-announcement ==========================================
====================================== 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:
Contact:
Saskia Feil
Senior Manager Investor & Public Relations
Tel: +49 7344 918-8890
E-mail: saskia.feil@centrotherm.de

Nathalie Albrecht
Manager Public Relations
Tel: +49 7344 918-6304
E-mail: nathalie.albrecht@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,
regulated dealing/prime standard: Frankfurt
language: English