DGAP-Adhoc: All SYSTAIC solar power plants in Spain sold

21.11.2008
systaic AG / Disposal 21.11.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- The SYSTAIC Group has concluded final agreements on the sale of the Spanish solar power plants with Eurovoltaic and an end-investor. The plants are located near the Spanish city of Córdoba and were completed in the third quarter of 2008. Today, the ownership of all SYSTAIC solar power plants which were connected to the power grid before 28 September 2008 was transferred to the end-investor, a leading German investment company in Europe. The end-investor's equity amounting to 25 % of the EUR 70m total has already been paid as specified in the contract. The balance will be due once the relevant financing negotiations have been concluded and the borrowed funds have been disbursed. The Executive Board at SYSTAIC expects to receive the balance within the coming months. Additional Information: ISIN: DE000A0JKYP6 Prime Standard; Frankfurt Stock Exchange systaic AG Achim Zolke Kasernenstraße 27 40213 Düsseldorf Germany Tel. +49-211 828559-0 Fax: +49-211 828559-29 ir@systaic.com www.systaic.com 21.11.2008 Financial News transmitted by DGAP =-------------------------------------------------------------------------- Language: English Issuer: systaic AG Kasernenstr. 27 40213 Düsseldorf Deutschland Phone: +49 (0)211 828559-0 Fax: +49 (0)211 828559-29 E-mail: mail@systaic.com Internet: http://www.systaic.com ISIN: DE000A0JKYP6 WKN: A0JKYP Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service =--------------------------------------------------------------------------

systaic AG / Disposal 21.11.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- The SYSTAIC Group has concluded final agreements on the sale of the Spanish solar power plants with Eurovoltaic and an end-investor. The plants are located near the Spanish city of Córdoba and were completed in the third quarter of 2008. Today, the ownership of all SYSTAIC solar power plants which were connected to the power grid before 28 September 2008 was transferred to the end-investor, a leading German investment company in Europe. The end-investor's equity amounting to 25 % of the EUR 70m total has already been paid as specified in the contract. The balance will be due once the relevant financing negotiations have been concluded and the borrowed funds have been disbursed. The Executive Board at SYSTAIC expects to receive the balance within the coming months. Additional Information: ISIN: DE000A0JKYP6 Prime Standard; Frankfurt Stock Exchange systaic AG Achim Zolke Kasernenstraße 27 40213 Düsseldorf Germany Tel. +49-211 828559-0 Fax: +49-211 828559-29 ir@systaic.com www.systaic.com 21.11.2008 Financial News transmitted by DGAP =-------------------------------------------------------------------------- Language: English Issuer: systaic AG Kasernenstr. 27 40213 Düsseldorf Deutschland Phone: +49 (0)211 828559-0 Fax: +49 (0)211 828559-29 E-mail: mail@systaic.com Internet: http://www.systaic.com ISIN: DE000A0JKYP6 WKN: A0JKYP Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Stuttgart End of News DGAP News-Service =--------------------------------------------------------------------------

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