GERMANY - Ventizz exits ersol Solar Energy for EUR 546.4m

The purchase price, which is to be paid in cash, translates to a per-share price of EUR 101.0 - 63.3% above the closing price of EUR 61.85 per share on 30 May 2008 and 68.3% above the weighted average price of ersol shares in XETRA® and trading floor system over the three months prior to the announcement of the transaction. As a result of the sale, Bosch will submit a public offer for the remaining shares.

ersol Solar Energy produces and markets high-quality photovoltaic products across four key segments: Silicon, Wafers, Solar Cells and Modules. The Thuringia-based company generated sales of EUR 160m in the 2007 financial year and currently has 1,000 employees. ersol has been listed since 30 September 2005 on the Prime Standard of the Frankfurt Stock Exchange.

Ventizz acquired a holding in ersol in 2004 and became majority owner in 2005.

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