Conergy AG / Key word(s): Letter of Intent 19.07.2013 08:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Conergy AG: Proposed acquisition of essential sales activities by U.S. financial investor Hamburg, 19 July 2013 - Today, the U.S. based financial investor Kawa Capital Management, Inc. ('Kawa'), Miami, USA, and the Conergy AG Board, acting with the consent of Conergy's preliminary insolvency administrator, reached a general understanding on the sale of Conergy's essential sales activities to Kawa Capital Management. The understanding provides for the sale of a large part of the operative national and international sales units and of Conergy Services GmbH as well as associated holding functions of Conergy AG, in particular administration, management and infrastructure facilities, and the 'Conergy' brand. The parties intend to execute the contractual documentation in August. The amount of the expected purchase price has not been disclosed. The implementation of the sale will be subject to the relevant approvals under German insolvency law and the occurrence of other customary closing conditions. Contact: Marcel Wiskow Head of Investor Relations Conergy AG Anckelmannsplatz 1 20537 Hamburg Germany T +49 40 271 42 - 1634 F +49 40 271 42 - 1639 19.07.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Conergy AG Anckelmannsplatz 1 20537 Hamburg Germany Phone: +49 (0)40 27 142-1000 Fax: +49 (0)40 27 142-1100 E-mail: [email protected] Internet: www.conergy.de ISIN: DE000A1KRCK4 WKN: A1KRCK Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------