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Ad-hoc-Publication - Sunways AG

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<strong>Ad</strong> <strong>hoc</strong> announcement pursuant to<br />

§ 15 of the German Securities<br />

Trading Act (WpHG)<br />

<strong>Sunways</strong> <strong>AG</strong>: Scheduled<br />

publication dates for financial<br />

reports have been postponed<br />

Konstanz/Germany, 27 April 2012 – <strong>Sunways</strong> <strong>AG</strong> (SWW:GR,<br />

SWWG.DE, ISIN DE0007332207) is postponing the publication<br />

of its financial statements and consolidated financial<br />

statements as well as of the other documents relating to the<br />

annual financial report of <strong>Sunways</strong> <strong>AG</strong> for the fiscal year 2011<br />

which had been scheduled for 30 April 2012. In this context,<br />

the publication date for the 2012 1st quarter financial report<br />

of <strong>Sunways</strong> <strong>AG</strong> (Q1 report 2012) will also be postponed. The<br />

new publication date is expected to be 31 May 2012.<br />

Accordingly, the annual general meeting of <strong>Sunways</strong> <strong>AG</strong> will<br />

be postponed to late July/early August 2012. This decision was<br />

made today upon intensive consultations between the<br />

Management Board and the Supervisory Board. <strong>Sunways</strong> <strong>AG</strong><br />

expects to announce the precise publication dates at short<br />

notice.<br />

The postponement is based on the fact that, in connection<br />

with LDK Solar Germany Holding GmbH’s recent acquisition of<br />

a majority stake in <strong>Sunways</strong> <strong>AG</strong>, various matters affecting the<br />

preparation of the financial statements and consolidated<br />

financial statements have arisen that still need to be clarified.<br />

These include the result of ongoing negotiations with a major<br />

supplier about the terms of a supply contract entered into with<br />

the latter and the resulting consequences concerning the<br />

consideration of this contract in the financial statements as<br />

well as the outcome of talks on the future funding structure<br />

with the new majority shareholder and relationship banks of<br />

<strong>Sunways</strong> <strong>AG</strong>.<br />

Contact:<br />

Dr. Harald F. Schaefer<br />

communications@sunways.de<br />

Page 1/2<br />

<strong>Sunways</strong> <strong>AG</strong> | Macairestraße 35 | D78467 Konstanz<br />

Fon +49 7531 996770 | Fax +49 7531 9967710<br />

info@sunways.de | www.sunways.eu<br />

Registered office Konstanz<br />

Commercial register no.: HRB 381661 Freiburg<br />

Chairman of supervisory board: Otto Mayer<br />

Management board: Michael Wilhelm (Chairman), Jörg von<br />

Strom, Jürgen Frei


Contact<br />

Dr. Harald F. Schaefer<br />

Head of Corporate Communications and Investor Relations<br />

Phone +49 7531 996 77 415<br />

Fax +49 7531 996 77 10<br />

communications@sunways.de<br />

<strong>Sunways</strong> <strong>AG</strong> | Macairestraße 35 | D78467 Konstanz<br />

Fon +49 7531 996770 | Fax +49 7531 9967710<br />

info@sunways.de | www.sunways.eu<br />

Page 2/2<br />

Registered office Konstanz<br />

Commercial register no.: HRB 381661 Freiburg<br />

Chairman of supervisory board: Otto Mayer<br />

Management board: Michael Wilhelm (Chairman), Jörg von<br />

Strom, Jürgen Frei

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