The situation in the international financial markets in Europe and the USA stabilized. There were, however, hardly any new impulses. The DAX for example rose only slightly in the first quarter by three per cent to 6,154 points (cut-off date: 31 March 2010). The TecDAX even reported a negative result (-0.3 per cent) at 816 points. A faster recovery in the financial markets is hampered by a concern for the financially difficult situation of individual countries.

In the first quarter of 2010 solar stocks were characterized by great volatility. The reason for this was the persistent discussion about the planned amendment of the Renewable Energy Sources Act (EEG) in Germany  The solar power market   Expected development of the solar power market

The SolarWorld stock was not able to resist this trend, either. The value of our securities was also subject to major fluctuations in the first three months of the year: Thus, the lowest stock price in the reporting period was € 9.44 while the highest price was € 16.61. At the cut-off date (31 March 2010) the SolarWorld stock closed on € 11.25, which was 26 per cent lower than on 31 December 2009.

The interest in SolarWorld on the part of the capital market – as well as of the general public – is sustainably high. We presented the results of the fiscal year 2009 within the context of our capital market communications at our annual business and analysts’ conference in Bonn on 25 March 2010. In addition, we maintained close contacts to the capital market in the first quarter in the form of individual talks with analysts, investors and shareholders as well as road shows and conferences in Europe and the United States.