LDK Solar : Announces Annual General Meeting Results

XINYU, China and SUNNYVALE, California ― July 23, 2015 ― LDK Solar CO., Ltd. ("LDK Solar", OTC Pink: LDKYQ) today announced the results of its Annual General Meeting ("AGM") held on July 9, 2015 in Xinyu City of Jiangxi Province. At the AGM, the shareholders in attendance approved the resolutions proposed in the AGM notice relating to (i) the adoption of the 2014 annual report, (ii) the re-election of Mr. Shi-an Wu as an independent director, and (iii) the re-appointment of KPMG as LDK Solar's outside auditors for fiscal year 2015.

The AGM took note of the resignation of Mr. Xingxue Tong, incumbent President and CEO of the Company, from his directorship subsequent to the giving of the notice for the AGM and, therefore, did not take any action with respect to his re-election as listed on the AGM agenda. The AGM also noted the appointment by the LDK Solar board of directors on June 24, 2015 of Messrs. Yunsong Ao and Yan Xiong, each an Executive Vice President, as additional directors of LDK Solar, with the terms of their appointments terminating at the close of the general meeting next following the AGM subject to any re-election at such general meeting. The total number of members of our board of directors is eight.

On the record date set for the AGM, there were an aggregate of 261,889,041 shares of LDK Solar issued and outstanding. An aggregate of 115,047,909 shares were represented in person or by proxy throughout the duration of the AGM, including shares underlying American depositary shares. The adoption of the 2014 annual report was approved by 72,347,459 shares; the re-election of Shi-an Wu as an independent director by 72,254,213 shares; and the re-appointment of KPMG by 72,415,743 shares.

Cautionary Note Regarding Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including risks and uncertainties disclosed in LDK Solar's filings with the U.S. Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on information available to LDK Solar's management as of the date such information was prepared and on its expectations, assumptions, estimates and projections as of such date. Actual results may differ materially from the anticipated results because of such and other risks and uncertainties. LDK Solar undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, assumptions, estimates and projections except as may be required by law.

About LDK Solar

LDK Solar CO., Ltd. is a leading vertically integrated manufacturer of photovoltaic (PV) products. LDK Solar, through its operating subsidiaries, manufactures polysilicon, monocrystalline and multicrystalline ingots, wafers, cells, modules, systems, power projects and PV solutions. LDK Solar's principal manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi Province in the People's Republic of China. LDK Solar's subsidiary office in the United States is located in Sunnyvale, California.www.ldksolar.com.

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