DGAP-Adhoc: SMA Solar Technology AG: SMA sets offer price at EUR 47.00 per share

SMA Solar Technology AG / IPO

26.06.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Kassel/Niestetal, June 26, 2008 – Today SMA Solar Technology AG, together
with the selling shareholders and the Joint Global Coordinators and Joint
Bookrunners Citi and Deutsche Bank, has set the offer price for the shares
being offered in its initial public offering at EUR 47.00 per share. The
offer price is thus in the upper half of the price range of EUR 40.00 to
EUR 52.00 per share. The offering has been over-subscribed several times.

In total, 7.7 million shares have been allocated including over-allotments.
2.7 million of those shares came from a capital increase from authorized
capital against cash contributions which had been resolved on June 22,
2008. 4 million shares were made available by the selling shareholders.
Furthermore 1 million shares which were made available by the selling
shareholders for over-allotments have been fully allotted. With a total of
34.7 million outstanding shares and assuming full exercise of the greenshoe
option, SMA will have a free float of 21.9 percent excluding shares held by
employees or allocated to employees through preferred allotments.

The placement volume would amount to EUR 361.9 million assuming full
exercise of the greenshoe option. Of this total, SMA would receive gross
proceeds of EUR 126.9 million from the capital increase. Trading of the
shares of SMA in the Prime Standard of the Frankfurt Stock Exchange will
commence on June 27, 2008.

Additional Information:
Listing: Regulated Market/Prime Standard, Frankfurt Stock Exchange;
Registered office of the company: Germany.
ISIN: DE000A0DJ6J9
German Securities Identification Number: A0DJ6J

Media contact:
SMA Solar Technology AG

Volker Wasgindt
Head of Media Relations and Public Affairs
Phone +49 561 9522-11 21
Fax +49 561 9522-11 03
Volker.Wasgindt@SMA.de

Investor Relations:
ir@sma.de
Hotline: +49 561 9522-22 22 

Dr. Lutz Golsch    Claudine Schaetzle
Phone +49 69 920 37 -110  Phone +49 69 920 37 -185

Disclaimer:

This document constitutes neither an offer to sell nor an invitation to buy
or subscribe for securities of SMA Solar Technology AG. The public offer in
Germany has been made exclusively by means and on the basis of the
German-language prospectus published by the company in connection with the
offering. The information legally required to be provided to investors is
contained only in the prospectus. The prospectus is published on the
website of SMA Solar Technology AG (www.ipo.sma.de). Upon request, printed
copies of the prospectus will be made available free of charge by Citigroup
Global Markets Ltd. (Citigroup Centre, 33 Canada Square, Canary Wharf,
London E14 5LB, United Kingdom) and Deutsche Bank Aktiengesellschaft (Große
Gallusstraße 10-14, D-60311 Frankfurt am Main).

These materials and the information contained herein are not for
distribution in or into the United States of America or to publications
with a general circulation in the United States. These materials do not
constitute an offer or invitation to purchase any securities in the United
States. The securities of SMA Solar Technology AG have not been registered
under the U.S. Securities Act of 1933, as amended ('Securities Act') and
may not be offered, sold or delivered within the United States of America
absent registration or an exemption of the registration requirements of the
Securities Act. There will be no public offering of securities in the
United States of America.

This document is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom, or (ii) to investment
professionals falling within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iii)
high net worth companies, and other persons to whom it may lawfully be
communicated, falling within Article 49(2)(a) to (d) of the Order (all such
persons in (i), (ii) and (iii) above together being referred to as
'Relevant Persons'). The securities are only available to, and any
invitation, offer or agreement to subscribe, purchase or otherwise acquire
such securities, will be engaged only with Relevant Persons. Any person who
is not a Relevant Person should not act or rely on this document or any of
its contents.


Stabilization/Regulation (EG) 2273/2003 FSA


Dr. Lutz Golsch
+49 173 6517710


DGAP 26.06.2008 
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Language:     English
Issuer:       SMA Solar Technology AG
              Sonnenallee 1
              34266 Niestetal
              Deutschland
Phone:        +49 (0)561 / 9522 - 0
Fax:          +49 (0)561 / 9522 - 100
E-mail:       info@sma.de
Internet:     http://www.sma.de
ISIN:         DE000A0DJ6J9
WKN:          A0DJ6J 
Listed:       Regulierter Markt in Frankfurt (Prime Standard)
Notierung vorgesehen / designated to be listed
End of News                                     DGAP News-Service
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