CENTROSOLAR Group AG planning to issue corporate bond to accelerate growth

• Bond volume of up to EUR 50 million
• Bearer bond with interest rate of 7.00 % p.a.
• Plans to expand the international sales network and commercial roof business
• Company rating of investment grade BBB

Munich, January 14, 2011 – CENTROSOLAR Group AG is planning to issue a bearer bond with a volume of up to EUR 50,000,000 and a term of five years by way of a public offering in Germany and Austria. The corporate bond will accrue interest at 7.00 % p.a.

Further information on the offering is expected to be released in the course of next week. The securities prospectus required for the public offering is expected to be approved by the Federal Financial Supervisory Authority (BAFin) on January 20, 2011 and its publication at www.centrosolar-group.com is envisaged for January 21, 2011. Both private and institutional investors will then be able to subscribe to the bond probably from February 2, 2011 via their bank or directly through CENTROSOLAR Group AG. The company intends to include the bearer bond in over-the-counter trading at Stuttgart Stock Exchange (Bondm trading segment). By listing its corporate bond in the Bondm, CENTROSOLAR Group AG also enables investors to trade the bond.

The corporate bond is intended to accelerate the company's successful progress along its growth pathway. Now that CENTROSOLAR has already established itself as one of the leading suppliers of solar roof systems for private houses in Europe, it has plans to extend its successful business model to other markets. For instance, the USA branch that has been established since 2007 is earmarked for major expansion.  Additionally, the increasingly strong segment of planning solar plants on commercial roofs will be intensified on an international scale. This expansion should further consolidate the overall group's broad basis in several highly promising market segments. In contrast, financing is already available for the module manufacturing plant's expansion that was announced on January 11, 2011 in the form of EU subsidies, bank loans and equity capital.

For the bond issue, Creditreform Rating AG has issued a current rating of CENTROSOLAR Group AG and assessed the company as investment grade BBB.

About CENTROSOLAR
The listed company CENTROSOLAR Group AG, Munich, (stock exchange code WKN 514850) is one of the leading suppliers of photovoltaic (PV) systems for roofs and key components, with over 1,000 employees in Europe and North America and annual revenue in excess of EUR 300 million (2009). Its product range comprises solar integrated systems, modules, inverters, mounting systems and solar glass. It generates around half its revenue internationally. There are CENTROSOLAR branches in Spain, Italy, France, Greece, Switzerland, the Netherlands, the UK, Canada and the USA.
CENTROSOLAR has a solar glass manufacturing plant in Fürth and a module production plant in Wismar (Germany). Over the past two years, the production lines for the finishing of glass have been substantially extended in response to rising demand and now have an annual production capacity of up to six million square metres. Module manufacturing was also stepped up quite substantially in response to soaring demand. The module plant certified to DIN ISO 9001:2008 in Wismar is one of the largest and most efficient such plants in Europe, with an annual capacity currently of 200 MWp. For further information, visit: www.centrosolar-group.com.

Further Information regarding the bond – only available in German:
http://www.centrosolar-group.de/anleihe/anleihe/

For further information, please contact:
MetaCom Corporate Communications GmbH
Georg Biekehör, tel.: +49 (0) 6181 9828030
E-mail: g.biekehoer(at)go-metacom.de

Disclaimer:
This communication is intended solely for your information and does not constitute an offer on the part of CENTROSOLAR Group AG or a solicitation of an offer to buy or subscribe for securities. Interested investors should base their investment decision regarding the bond solely on the information on the securities and the risks associated with the purchase of the securities contained in the prospectus to be published by CENTROSOLAR Group AG in connection with the public offering of the securities. The bond is subject to certain restrictions which can be noted from the prospectus. This communication and the bond offering are not intended for U.S. citizens or for persons in the United States of America, Canada, Australia or Japan.

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