Bosch Secures 63.58 percent of aleo solar stock – EU Commission Gives Green Light

Takeover offer for aleo solar AG: Minimum acceptance condition waived EU Commission gives green light

· Acceptance period prolonged until October 12, 2009

· Bosch secures 63.58 percent of aleo stock

Stuttgart – In its ongoing takeover offer to the shareholders of aleo solar AG, the Bosch Group has now waived its condition that it should hold at least 75 percent of aleo solar AG stock when the public takeover offer expires. This change in offer terms prior to the end of the acceptance period, which up to now would have ended on September 28, 2009, means that the acceptance period is now prolonged by a further two weeks, and now ends at midnight (CEST) on October 12, 2009. The European Commission has now given regulatory approval to the takeover.

Bosch is offering all aleo shareholders 9.00 euros per share in cash. The offer is thus 43 percent above the weighted average Xetra® price of the aleo share over the three months prior to the announcement of the offer on August 3, 2009. In August, Bosch and the Eriksen Group, including related parties and other investors, signed agreements relating to the purchase of 39.43 percent of the shares in aleo solar AG. The purchase price for these shares is the equivalent of 9.00 euros per share. Including additional acquisitions and tendered stock, Bosch has now secured 63.58 percent of aleo stock. With this deal, Bosch is further extending its photovoltaics activities and complementing its value-added chain

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