SMA Solar Technology AG

AGM Information • Jun 10, 2009

News Details

Corporate | 10 June 2009 18:51

SMA Solar Technology AG: Annual General Meeting resolves dividend payout of EUR 1.00

SMA Solar Technology AG / AGM/EGM/Dividend

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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Annual General Meeting of SMA Solar Technology AG resolves dividend payout
of EUR 1.00

• Discharge of the Managing Board and Supervisory Board with great
  majority

• Chief Financial Officer Reiner Wettlaufer elected into the Supervisory
  Board

• Dividends of EUR 1.00 per share resolved

Niestetal, June 10, 2009 - Today the fifth Annual General Meeting of SMA
Solar Technology AG took place in the Kongress Palais Kassel. The
shareholders agreed with great majority on the discharge of the Managing
Board and Supervisory Board and thus expressed their particular
satisfaction with the cooperate management and the control committee.

Reiner Wettlaufer, hitherto Chief Financial Officer, was elected into the
Supervisory Board by vast majority of more than 99 percent. Reiner
Wettlaufer decided not to extend his directorship contract due to his
personal life plans, and instead will be a candidate for the Supervisory
Board in the Annual General Meeting. Besides Reiner Wettlaufer, both Dr.
jur. Erik Ehrentraut and Prof. Dr. Ing. Werner Kleinkauf were once more
elected Supervisory Board members of the shareholders.

Furthermore, the Annual General Meeting resolved to pay out a dividend of
EUR 1.00 per share for the fiscal year 2008. Thus, the dividend per share
increased by 35 percent compared to the previous year. The dividend will be
paid out starting from June 12, 2009. Therewith, 30 percent of the balance
sheet profit declared as EUR 109.988.806,50 in SMA annual statement 2008,
will be disposed as dividend. Around 70 percent of the balance sheet profit
of the corporation will be provided as earnings brought forward.

About 800 shareholders participated in the first Annual General Meeting
after the successful IPO of SMA in the previous year.

As guidance for the second quarter, the Managing Board named a sales growth
at least 65 percent compared to the first three months of 2009 and affirmed
its previous sales expectancy of 145 to 165 million Euros.

The German Managing Board's speech on the Annual General Meeting is
available for download at our company's website:
http://www.sma.de/en/investor-relations/annual-general-meeting.html.

About SMA Solar Technology AG

SMA generated sales of more than EUR 680 million in 2008 and is thus
worldwide market leader for photovoltaic inverters, a key component of all
photovoltaic solar power plants. The SMA Group is based in Niestetal, near
Kassel, and is represented by foreign subsidiaries in ten different
countries on four continents. The Group employs a staff of over 3,000
(incl. temporary staff). SMA produces a broad range of inverters, offering
the right inverter for every type of photovoltaic module in use and for all
sizes of photovoltaic plants. The product range covers both inverters for
photovoltaic plants connected to the grid and inverters for off-grid
systems. The company has been listed on the Frankfurt Stock Exchange Prime
Standard (S92) since June 27, 2008; since September 22, 2008 the company's
shares have been listed on the TecDAX. In the past, SMA received a number
of awards for its excellence as an employer.

Press Contact:

SMA Solar Technology AG
Sonnenalle 1
34266 Niestetal
Germany
Volker Wasgindt
Head of Media and Association Relations
Phone +49 561 9522-11 21
Fax +49 561 9522-11 03
Volker.Wasgindt@SMA.de

Investor Relations Contact:

SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Germany
Phone: +49 561 9522-22 22
Fax +49 561 9522-22 23
ir@sma.de
Anna Raudszus (Institutional Investors/Analysts)
Phone: +49 561 9522-22 22
Julia Damm (Private Investors)
Phone: +49 561 9522-11 64

Disclaimer:

This Corporate News serves only as information and is not an invitation to
purchase, hold or sell shares.

This Corporate News release can contain future-oriented statements.
Future-oriented statements are statements which do not describe facts of
the past. They also include statements about our assumptions and
expectations. These statements are based on plans, estimations and
forecasts which the executive board of SMA Solar Technology AG (SMA or
company) has available at this time. Future-oriented statements are
therefore only valid on the day on which they are made. Future-oriented
statements by nature contain risks and elements of uncertainty. Various
known and unknown risks, uncertainties and other factors can lead to
considerable differences between the actual results, the financial
position, the development or the performance of the corporation and the
estimates given here. These factors include those which SMA has discussed
in published reports. These reports are available on the SMA website at
www.sma.de. The company accepts no obligation whatsoever to update these
future-oriented statements or to conform them to future events or
developments.
10.06.2009 Financial News transmitted by DGAP

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Language: English
Issuer: SMA Solar Technology AG
Sonnenallee 1
34266 Niestetal
Deutschland
Phone: +49 (0)561 / 9522 - 0
Fax: +49 (0)561 / 9522 - 100
E-mail: info@sma.de
Internet: http://www.sma.de
ISIN: DE000A0DJ6J9
WKN: A0DJ6J
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart

End of News DGAP News-Service

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