SolarWorld AG / Key word(s): Contract/Miscellaneous 11.07.2014 14:42 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. --------------------------------------------------------------------------- After successful negotiations with another important supplier of raw materials, SolarWorld AG has been able to place its long-term business relationship with this partner on a new contractual basis, strengthening the Group's silicon supply security under competitive conditions. The positive agreement reached today will result in a revaluation of prepayments and/or repayment claims against the raw material supplier in the balance sheet of SolarWorld AG. Consequently, this will burden the consolidated result of SolarWorld AG in fiscal year 2014 by presumably a non cash, one-off effect in a low double-digit million Euro amount. This will be reflected in the earnings before interest, taxes, depreciation and amortization (EBITDA). For the future liquidity of the SolarWorld Group, the agreement has positive effects. A corresponding adjustment of the EBITDA forecasted for 2014 not taking into account the positive one-off effects from the financial restructuring and from the initial consolidation of assets from Bosch Solar Energy AG will be conducted in the interim report on the first half of 2014. 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 11.07.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: SolarWorld AG Martin-Luther-King-StraÃe 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, DE000A1YDDX6, DE000A1YCN14 WKN: A1YCMM, A1YDDX, A1YCN1 Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard); Freiverkehr in Berlin, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: SolarWorld AG reaches agreement with another important supplier of raw materials
| Source: EQS Group AG