LDK Solar Co., Ltd. - Asia Europe Clean Energy (Solar) Advisory Co ...

The estimated offering expenses payable by us, in addition to the underwriting discounts and commissions,
are approximately $3.7 million, which includes legal, accounting and printing costs and various other
fees associated with registering and listing the ADSs.
The underwriters have informed us that they do not intend sales to discretionary accounts to exceed 5% of
the total number of ADSs offered by them.
Our ADSs have been approved for listing on the New York Stock Exchange under the symbol ""LDK.''
We have agreed that, without the prior written consent of each of Morgan Stanley & Co. International plc and
UBS AG, we will not, during the period ending 180 days after the date of this prospectus:
‚ offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or
contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of,
directly or indirectly, any ordinary shares, ADSs or any securities convertible into or exercisable or
exchangeable for ordinary shares or ADSs, or enter into any swap or other arrangement that transfers
to another, in whole or in part, any of the economic consequences of ownership of the ordinary shares
or ADSs, or publicly disclose the intention to make any such offer, sale, pledge or disposition, or enter
into any such translation, swap, hedge or other arrangement, whether any such transaction described
above is to be settled by delivery of our ordinary shares or ADSs or such other securities, in cash or
otherwise; or
‚ file any registration statement with the Securities and Exchange Commission relating to the offering of
any ordinary shares, ADSs or any securities convertible into or exercisable or exchangeable for our
ordinary shares or ADSs.
These restrictions do not apply to:
‚ the sale of our ordinary shares in the form of ADSs to the underwriters in this offering; and
‚ the issuance by us of ordinary shares upon the exercise of options granted pursuant to our 2006 stock
incentive plan.
Each of our shareholders, directors, executive officers and certain of our existing optionholders have
agreed that, without the prior written consent of each of Morgan Stanley & Co. International plc and
UBS AG, they will not, during the period ending 180 days (or 12 months in the case of LDK New Energy)
after the date of this prospectus:
‚ offer, pledge, sell, contract to sell, sell any option or contract to sell, purchase any option or contract to
sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or
indirectly, any ordinary shares, ADSs, or any securities convertible into or exercisable or exchangeable
for our ordinary shares or ADSs;
‚ enter into any swap or other arrangement that transfers to another, in whole or in part, any of the
economic consequences of ownership of our ordinary shares or ADSs; or
‚ publicly disclose the intention to make any such offer, sale, pledge or disposition, or enter into any such
transaction, swap, hedge or other arrangement.
whether any such transaction described above is to be settled by delivery of our ordinary shares or ADSs or
such other securities, in cash or otherwise.
These restrictions do not apply to:
‚ the sale by the selling shareholders of our ordinary shares in the form of ADSs to the underwriters in
this offering; and
‚ transactions relating to ordinary shares, ADSs or other securities acquired in open market transactions
after the completion of this offering, provided that no filing under Section 16(a) of the Securities
Exchange Act of 1934 will be required or will be voluntarily made in connection with subsequent sales
of our ordinary shares, ADSs or other securities acquired in such open market transactions.
Each of our shareholders (other than our investor shareholders), directors and executive officers and
certain of our existing optionholders have also agreed that, without the prior written consent of each of Morgan
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