ZhongDe Waste Technology AG / Contract 30.06.2008 Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Press Release ZhongDe Waste Technology AG announces cooperation agreement with Veolia Hamburg, 30 June, 2008 ZhongDe Waste Technology AG [Ticker ZEF] announced today that ZhongDe Group ('ZhongDe') has signed a cooperation agreement with Veolia Environmental Services China Limited. The cooperation covers bidding, management and operation of waste incineration projects with electricity generation with a focus on BOT. Veolia Environnement is the world leader in environmental services with revenues of 32.6 billion in 2007 and lists No.185 of the world`s top 500 companies. ZhongDe as a rapidly developing local player in the Chinese environmental protection industry is familiar with the local market needs and provides an own advanced and well adapted technology. CEO Zefeng Chen comments: 'This cooperation agreement with an internationally operating and renowned brand is a further milestone on our way to successfully implement our long-term strategy to extend the value chain to generate stable revenues and cash flows as well as to expand our business model to the larger incinerator segment. We see this as a huge step to furthermore strengthen our marketing power and to increase our exposure to an international BOT management skill set. I`m convinced that both partners will benefit from our joint approach to further develop the environmental protection industry in China.' About ZhongDe Group: ZhongDe Group designs, manufactures and installs pyrolytic, grate and rotary kiln waste incinerators for the disposal of solid medical, municipal and industrial (including hazardous) waste. Since 1996, ZhongDe Group has installed approximately 180 waste incinerators in about 13 provinces, and more than 120 waste incinerators in the last three financial years alone. Its waste incinerators are principally constructed for operators of medical disposal centres in the hospital and healthcare industry, as well as for small and midsized Chinese cities in developed areas of the Peoples Republic of China. ZhongDe Group is one of the leading suppliers of small and midsized solid waste incinerators in China, supplying state-of-the-art products. The trading of the shares (German Securities Identification Number ZDWT01, ISIN DE000ZDWT018 and ticker symbol ZEF) commenced on the Prime Standard segment of the Frankfurt Stock Exchange on July 6, 2007. This document constitutes neither an offer to sell nor a solicitation to buy securities of ZhongDe Waste Technology AG. The securities have already been sold. This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The shares in ZhongDe Waste Technology AG have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not being and will not be offered or sold in the United States of America. This document is directed at and/or for distribution in the U.K. only to (i) persons who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (ii) high net worth entities falling within article 49(2)(a) to (d) of the Order (all such persons being together referred to as 'relevant persons'). This document is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons. Contact Matthias Link Managing Director Citigate Dewe Rogerson GmbH Goethestraße 26-28 60313 Frankfurt am Main Tel: 0049-69 90 500-150 Fax: 0049-69 90 500-102 E-Mail: matthias.link@citigatedr.de Internet: www.citigatedr.de DGAP 30.06.2008 --------------------------------------------------------------------------- Language: English Issuer: ZhongDe Waste Technology AG Stadthausbrücke 1-3 20355 Hamburg Deutschland Phone: +49 40 37644 745 Fax: +49 40 37644 500 E-mail: cornelia.dieker@zhongdetech.de Internet: www.zhongdetech.de ISIN: DE000ZDWT018 WKN: ZDWT01 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: ZhongDe Waste Technology AG: ZhongDe Waste Technology AG announces cooperation agreement with Veolia
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