Dr. Horst J. Kayser steps down as CEO and member of the Board of Directors of 3W Power SA

3W Power SA (Prime Standard, ISIN GG00B39QCR01, 3W9), the holding company of AEG Power Solutions B.V. (AEG PS), a leading global provider of power electronics systems and solutions for industrial power supplies and renewable energy, today announced that the Company and Dr. Horst J. Kayser have agreed by mutual consent to terminate Dr. Kayser’s employment effective June 30, 2013. The decision will allow Dr. Kayser to pursue other business and personal interests. As part of the agreement, Dr. Kayser also stepped down from his position as member of the Board of Directors of the Company.

Bruce A. Brock, CEO AEG Power Solutions (Photo: Business Wire)

The 3W Power | AEG Power Solutions Board of Directors is pleased to announce the appointment of Mr. Bruce Brock, currently Chairman of the Board of Directors, as CEO of the Company effective immediately. Formerly CEO of the Company from 2005 to 2010, Mr. Brock has over thirty years experience as an international executive and power systems industry expert. Mr Brock’s thorough understanding of 3W Power | AEG Power Solutions, its customers and its target markets will further strengthen the Company's position as a technology leader in a period of considerable market change. Mr. Brock will continue serving as Chairman of the Company’s Board of Directors until the election of the Board of Directors at the Company’s upcoming annual shareholder meeting.

About 3W Power/AEG Power Solutions:

3W Power S.A. (WKN A0Q5SX / ISIN GG00B39QCR01), based in Luxembourg, is the holding company of AEG Power Solutions Group. The Group is headquartered in Zwanenburg in the Netherlands. The shares of 3W Power are admitted to trading on Frankfurt Stock Exchange (ticker symbol: 3W9).

AEG Power Solutions (AEG PS) Group is a global provider of power electronics systems and solutions for all industrial power requirements offering one of the most comprehensive product and service portfolios in the area of power conversion and power control. Two complementary operating business segments, Renewable Energy Solutions (RES) and Energy Efficiency Solutions (EES) serve customers worldwide. The RES product and service portfolio consists of systems and solutions for solar power plants, such as solar inverters, monitoring and control systems as well as power controllers for a wide range of industrial applications such as polysilicon, energy storage, sapphire and glass. The EES product and service portfolio includes high-performance uninterruptable power supplies (UPSs), industrial chargers, and DC systems.

Thanks to its distinctive expertise bridging both AC and DC power technologies and spanning the worlds of both conventional and renewable energy, the company creates innovative solutions for smart grids.

AEG PS’ global footprint includes 22 subsidiaries, offices and competence centers around the world with 1,600 employees.

For more information, visit www.aegps.com

This communication does not constitute an offer or the solicitation of an offer to buy, sell or exchange any securities of 3W Power. This communication contains forward-looking statements which include, inter alia, statements expressing our expectations, intentions, projections, estimates, and assumptions. These forward-looking statements are based on the reasonable evaluation and opinion of the management but are subject to risks and uncertainties which are beyond the control of 3W Power and, as a general rule, difficult to predict. The management and the company cannot and do not, under any circumstances, guarantee future results or performance of 3W Power and the actual results of 3W Power may materially differ from the information expressed or implied in the forward-looking statements. As a result, investors are cautioned against relying on the forward-looking statements contained herein as a basis for their investment decisions regarding 3W Power.

3W Power undertakes no obligation to update or revise any forward-looking statement contained herein.

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