EANS-Adhoc: Sunways AG / Supervisory Board appoints Mario Zen as Member and Chairman of the Management Board

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Board of Directors (Appointments and Changes) 28.01.2013

Konstanz/Germany, 28 January 2013 - The Supervisory Board of Sunways AG (SWW:GR, SWWG.DE, ISIN DE0007332207) appointed Mario Zen as a new Member of the Management Board with immediate effect. At the same time, the chairmanship of the Management Board was transferred to Mr. Zen. The Management Board of Sunways AG is thus composed of Mario Zen (Chairman of the Management Board), Jörg von Strom (procurement, production and supply chain) and Jürgen Frei (marketing and distribution).

Mario Zen is currently Vice President Business Development of LDK Solar Co., Ltd. (Xinyu City, People's Republic of China) and Managing Director of LDK Solar Europe Holding S.A. (Luxembourg).

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(END) Dow Jones Newswires

   January 28, 2013 12:01 ET (17:01 GMT)- - 12 01 PM EST 01-28-13