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Statement by Management Board of SolarWorld AG on misleading media reports concerning ongoing litigation in the United States

DGAP-News: SolarWorld AG / Key word(s): Statement/Miscellaneous
Statement by Management Board of SolarWorld AG on misleading media
reports concerning ongoing litigation in the United States

02.11.2015 / 16:49

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Regarding current media reports on an ongoing court proceeding in the
United States between SolarWorld's subsidiary SolarWorld Industries Sachsen
GmbH and the silicon supplier Hemlock, the Management Board of SolarWorld
AG makes the following statement:

The partial decision of the court on antitrust defenses is no judgement,
but only relates to one of several defenses of equal value against the
complaint and is of technical nature.

The Company does not estimate the risk situation higher than at the
beginning of the proceeding in March 2013 and has acknowledged the risk
continuously in its financial statements. SolarWorld will use the expected
further years of proceedings in the first and second instance that may
follow to reach an agreement with the silicon supplier Hemlock to continue
delivery. SolarWorld has achieved similar agreements with all its other
silicon suppliers successfully.

SolarWorld REAL VALUE: SolarWorld manufactures and sells high-tech solar
power solutions and in doing so contributes to a cleaner energy supply
worldwide. The group, headquartered in Bonn, Germany, employs approximately
3,500 people and carries out production in Freiberg, Germany; Arnstadt,
Germany; and Hillsboro, USA. From raw material silicon to solar wafers,
cells and modules, SolarWorld manages all stages of production ‒ including
its own research and development. Through an international distribution
network with locations in Europe, USA, Singapore, Japan and South Africa,
SolarWorld supplies customers all over the world. The company maintains
high social standards at all locations across the globe, and has committed
itself to resource- and energy-efficient production. SolarWorld was founded
in 1998 and has been publically traded on the stock market since 1999. More
information at www.solarworld.com

Contact:
SolarWorld AG
Investor Relations
Phone: [phone];
Email: [e-mail]; Web:
www.solarworld.de/en/investor-relations



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02.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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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: [e-mail]
Internet: www.solarworld.de
ISIN: DE000A1YCMM2, DE000A1YDDX6, DE000A1YCN14
WKN: A1YCMM, A1YDDX, A1YCN1
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime
Standard); Regulated Unofficial Market in Berlin, Hamburg,
Munich, Stuttgart


End of News DGAP News Service
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407779 02.11.2015