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aleo solar AG

euro adhoc: aleo solar AG
Financing, Stock Offerings (IPO)
aleo solar AG sets bookbuilding price range between EUR 13,50 and EUR 16,50

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
09.07.2006
OLDENBURG/PRENZLAU, July 9th, 2006. aleo solar AG (ISIN
DE000A0JM634), the selling shareholders and COMMERZBANK as Global
Coordinator and Sole Bookrunner today jointly set the price range for
the solar module specialist's shares between EUR 13,50 to EUR 16,50
per share. Interested investors may subscribe to the shares from July
10 until July 13, 2006. The subscription period will end on July 13,
2006, 12 p.m. (CEST) for private investors and at 2 p.m. (CEST) for
institutional investors. The final issue price is to be determined on
July 13, 2006. Trading in the shares is expected to commence in the
Official Market (Amtlicher Markt) / Prime Standard of the Frankfurt
Stock Exchange on July 14, 2006.
A total of up to 7,033,061 shares will be offered, of which up to
2,850,400 result from a capital increase against cash contributions
and up to 4,182,661 will be made available by the selling
shareholders (including a greenshoe of 917,355). More than 75 percent
of these are currently held by S.M.D. Beteiligungsgesellschaft mbH,
which belongs to the Hannover Finanz Group. The full terms of the
offering are set out in the German securities prospectus approved by
the Federal Financial Supervisory Authority (BaFin) on June 29, 2006
and published on the company's website www.aleo-solar.de. The
prospectus is also available for free at the company's office,
Osterstr. 15 in 26122 Oldenburg and from the syndicate banks.
Disclaimer: This publication shall neither constitute an offer to
sell nor the solicitation of an offer to buy shares of aleo solar AG.
Shares are offered solely based on the published seucurities
prospectus, which can be obtained from the website of aleo solar AG
at www.aleo-solar.de and in printed form from COMMERZBANK
Aktiengesellschaft (ZRA FB 1, Unternehmensrecht und
Börseneinführungen, Kaiserstraße 16, 60311 Frankfurt am Main, Fax
no.: 069-136 29299), Bayerische Hypo- und Vereinsbank AG
(Arabellastraße 12, 81925 Munich, Fax no.: 089-378 12452) and Joh.
Berenberg, Gossler & Co. KG, Berenberg Bank (Neuer Jungfernstieg 20,
20354 Hamburg, Fax no.: 040-35060 963).
end of announcement                               euro adhoc 09.07.2006 11:16:56

Further inquiry note:

Yvonne Meyer
Investor Relations, Legal & Compliance
Telefon: +49(0)441-21988-58
E-Mail: Meyer@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Börsen: Frankfurter Wertpapierbörse / admission applied: official
dealing