The local court of Bonn has just opened insolvency proceedings on the assets of SolarWorld AG as well as its subsidiaries SolarWorld Industries Sachsen GmbH, SolarWorld Industries Thüringen GmbH, SolarWorld Innovations GmbH and SolarWorld Industries Deutschland GmbH. Attorney at law, Horst Piepenburg, Düsseldorf, has been appointed as insolvency administrator. In wake of the opening of the insolvency proceedings on the assets of SolarWorld AG, Mr. Philipp Koecke has just stated to the Supervisory Board that he immediately and without notice resigns his Management Board mandate; furthermore Mr. Frank Henn, Mrs. Colette Rückert-Hennen and Mr. Jürgen Stein have just stated to the Supervisory Board that they resign their respective Management Board mandates subject to the registration of the resignation in the commercial register.