EANS-News: New Supervisory Board members at Sunways

--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

Management Changes/Company Information

Konstanz/Germany (euro adhoc) - Konstanz/Germany, 06 February 2013 -
Following a relevant suggestion from the company, Xiaofeng Peng (Hong
Kong, People's Republic of China) and Dr. Yuepeng Wan (Xinju,
Jiangxi, People's Republic of China) were appointed as members of the
Supervisory Board of Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207)
by the local court of Freiburg im Breisgau. Xiaofeng Peng will take
on the office of Chairman, Dr. Wan that of Deputy Chairman of the
Supervisory Board. Additional member of the three-person board is
Bing Zhu (Shanghai, People's Republic of China). The new Supervisory
Board members had to be court appointed upon the resignation of Otto
Mayer and Andreas Görwitz who had stepped down from office of their
own volition for personal reasons as of 31 January 2013. The
appointment of the two new Supervisory Board members by the local
court will be valid until the next annual general meeting.

"I am pleased that the suggestion was taken up by the local court. I
would like to take this opportunity to extend a warm welcome to the
new Supervisory Board members in the name of the entire Management
Board of Sunways", said Mario Zen, Chairman of the Management
Board/CEO.

Xiaofeng Peng is the Executive Chairman of the Board of LDK Solar
Co., Ltd., the parent company of LDK Solar Group. He founded the
company in 2005. Dr. Wan is the Chief Technology Officer of LDK Solar
Co., Ltd. He has a Ph.D. degree in mechanical engineering from Aachen
University of Technology, Germany. Bing Zhu is the Chief Strategy
Officer of LDK Solar Co., Ltd. and was elected to the Supervisory
Board by the shareholders at the last annual general meeting of
Sunways AG on 30 August 2012.

This press release is also available on http://www.sunways.eu/en as
well as at http://www.presseportal.de/pm/57666/sunways-ag.

About Sunways

Sunways provides innovative products and solutions for harnessing
solar energy (photovoltaics). Alongside high-performance components
for standard applications (solar modules and inverters), the company
also offers design-oriented solutions for special applications, such
as semi-transparent and coloured solar cells for building-integrated
photovoltaics. The company headquarters are in Konstanz, at the
western end of Lake Constance in Germany. Other locations are Sunways
Production GmbH in Arnstadt, Germany and branch offices in Bologna,
Italy and Barcelona, Spain. Sunways currently employs a total of
approximately 270 people and posted sales revenues of over EUR 116
million for 2011. Sunways AG shares (SWW:GR, SWWG.DE) are traded on
the Frankfurt Stock Exchange. Since 2012, LDK Solar Group, one of the
ten largest photovoltaics companies in the world in terms of
revenues, has held a majority stake in Sunways. For further
information, see http://www.sunways.eu/en.

About LDK Solar

LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated
manufacturer of photovoltaic products. LDK Solar manufactures e.g.
polysilicon, mono and multicrystalline wafers, solar cells, and solar
modules. LDK Solar's headquarters and principal manufacturing
facilities are located in Hi-Tech Industrial Park, Xinyu City,
Jiangxi Province in the People's Republic of China. For more
information about LDK Solar and its products, please visit
http://www.ldksolar.com.

Further inquiry note:
Dr. Harald F. Schäfer
Leiter Unternehmenskommunikation und Investor Relations
Tel.: +49 (0)7531 996 77-415
E-Mail: communications@sunways.de

end of announcement euro adhoc
--------------------------------------------------------------------------------

company: Sunways AG
Max-Stromeyer-Str. 160
D-78467 Konstanz
phone: +49 (0)7531 99677 0
FAX: +49 (0)7531 99677 10
mail: info@sunways.de
WWW: http://www.sunways.eu
sector: Alternative energy
ISIN: DE0007332207
indexes: CDAX, Technology All Share, General All Share
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/general standard: Frankfurt
language: English