DGAP-Adhoc: SolarWorld AG revalues long-term raw material contracts


SolarWorld AG  / Key word(s): Contract/Miscellaneous

04.02.2014 19:04

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to § 15 WpHG 

February 4, 2014
Ad hoc service by SolarWorld AG
(Securities Code No.: WKN A1YCMM)
(International Securities Identification Numbers: 
DE000A1YCMM2, DE000A1YC3A6 und ISIN DE000A1YC293)

SolarWorld AG has reached an agreement with one of its long-term raw
material suppliers to continue the existing supply relationships.

On the one hand, the agreement requires a revaluation of prepayments and/or
repayment claims from the long-term supply contracts in the balance sheet.
Consequently, the consolidated result of SolarWorld AG will be burdened by
a double-digit million Euro amount. On the other hand, the agreement
results in short- and medium-term positive liquidity effects for the
SolarWorld group. Furthermore, the agreement secures SolarWorld's supply of
important raw materials.

Contact:
SolarWorld AG 
Investor Relations 
Phone: +49 228 55920-470; Fax: +49 228 55920-9470,
Email: placement@solarworld.de; Web:
www.solarworld.de/en/investor-relations


04.02.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SolarWorld AG
              Martin-Luther-King-Straße 24
              53175 Bonn
              Germany
Phone:        +49 (0)228 - 559 20 470
Fax:          +49 (0)228 - 559 20 9470
E-mail:       placement@solarworld.de
Internet:     www.solarworld.de
ISIN:         DE000A1YCMM2, DE000A1YC293, DE000A1YC3A6
WKN:          A1YCMM
Listed:       Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
              Freiverkehr in Berlin, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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