Extraordinary General Meeting

Kulmbach, 16 January 2013: At the Extraordinary General Meeting of AGOAG Energie + Anlagen (securities code number: A0LR41, ISIN: DE000A0LR415), as previously announced, AGOAG Energie + Anlagen presented its provisional, unaudited financial statements as at 31 December 2012, prepared in accordance with the German Commercial Code, to the shareholders who attended. According to these provisional figures, sales totalled around EUR74 million with a loss of over EUR6 million. As at 31 December 2012, the company posted a deficit not covered by equity of EUR0.7 million. This figure does not yet take into account the conversion of the bond with a total nominal amount of EUR2 million as adopted at the creditors' meeting on 24 December 2012, because the conversion has been contested in court.
The company expects to be able to convert the bond this year. After this, the equity of AGOAG pursuant to the German Commercial Code will be positive again. The losses predominantly stem from the writing down and sale of participations as well as expenses of the Alperstedt power plant. Most of these losses have no impact on earnings in the consolidated financial statements of AGOAG Energie + Anlagen.
The consolidated financial statements for 2012, prepared in accordance with IFRS, are likely to be published in April 2013.

About AGOAG Energie + Anlagen

AGOAG Energie + Anlagen, with its registered office in Kulmbach, was founded in 1980 and is specialized in the area of innovative and efficient energy supply facilities for industrial customers and municipalities. Main focus of AGOAG Energie + Anlagen is laid on the following business divisions: plant development and implementation, as well as service and consulting. The core competence of the company mainly commits to thermal power stations, to heating, cooling and ventilation technology plant construction, biomass cogeneration plants and trigeneration. Site studies and development, consulting in energy efficiency, resource and fossil fuel management as well as emission trade management - these factors complete the business model. AGOsymbolizes efficiency, security and technological competence of your energy supply facilities.

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