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Press Release

Publisher: Phoenix Solar AG

Phoenix Solar AG is commended for the best investor relations work in the TecDAX

- Winner in the TecDAX category and sixth in the overall assessment
- Börse Online reader survey


Sulzemoos - As the winner in the TecDAX category, Phoenix Solar AG (WKN DE000A0BVU93) was today awarded the BIRD 2008 prize (Best Investor Relations - Germany) by the magazine Börse Online. BIRD is awarded for the best investor relations work done for private investors in Germany. In the overall evaluation, which encompasses the DAX, MDAX, TecDAX and SDAX indices, the photovoltaic system integrator, headquartered in Sulzemoos near Munich, performed extremely well and took sixth place in a league totalling 160 listed companies.

"We are delighted to have been given this award and would like to express our thanks to the readers of Börse Online. The results of Bird 2008 is confirmation that we are doing the right thing", stated Dr. Andreas Hänel, Chief Executive Officer, who is responsible for corporate communication."Giving private investors extensive information in an understandable way and being open to their questions is extremely important to us", added Anka Leiner, Investor Relations manager of Phoenix Solar AG.

On the basis of its BIRD 2008 questionnaire, Börse Online surveyed private investors for the sixth time on how well they felt they were treated by the investor relations departments of Germany’s 160 largest listed companies.The focus of the survey was on the credibility and the transparency of communication. All companies which were listed in the DAX, MDAX, TecDAX or SDAX in the period from 16 October to 12 November 2008 were included in the survey.

This is an English translation of the German. In the event of any doubt, the German version shall prevail.


About Phoenix Solar AG

Phoenix Solar AG, which has its headquarters in Sulzemoos near Munich, is a leading international photovoltaic system integrator. Until June 2007, the company, which was set up in 1999, went by the name of Phönix SonnenStrom AG. With total revenues of EUR 260 million, the Group's EBIT came to EUR 22.3 million in the financial year 2007. The Phoenix Solar Group anticipates sales of EUR 380 million, generated in Germany and abroad, in the financial year 2008. Phoenix Solar AG plans, builds and undertakes the operation of large photovoltaic plants and is a specialist wholesaler for complete power plants, solar modules and accessories. The Group is a leader in photovoltaic systems technology. It focuses on the consistent lowering of system costs. With a sales network which covers the whole of Germany, and subsidiaries in Spain, Italy, Greece, Singapore and Australia, the Group currently has a workforce of more than 230 employees. The shares of Phoenix Solar AG (ISIN DE000A0BVU93) are listed on the official market (Prime Standard) of the Frankfurt Stock Exchange and on the TecDAX, Deutsche Börse AG’s technology index.


About Börse Online

Börse Online is a German investor magazine which has helped investors in their decisions for more than 20 years. Information provided by Börse Online focuses on German and international shares. It regularly analyses funds, certificates, bonds, and alternative financial products. Börse Online is a provider of independent, in-depth information underpinning a successful investment strategy and makes concrete recommendations for investments. The readers have a high social status and a great deal of experience in investing. With “savvy investors“ and potential buyers of equities and equity-based funds as their target group, Börse Online has the largest readership compared with other financial journals.



Sulzemoos, 22 January 2009


Publication and Reprint free of charge; please send a specimen copy
to Phoenix Solar AG.



Attention editorial offices: For further questions please contact Mrs.
Anka Leiner, Investor Relations Phoenix Solar AG.

Hirschbergstr. 8
D-85254 Sulzemoos
Tel: 08135-938-315
Fax: 08135-938-399
E-mail: a.leiner@phoenixsolar.de
Internet: http://www.phoenixsolar.de



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