Second quarter 2007

HIGHLIGHTS

• Revenue growth of 67 percent
  • NOK 21,673 million versus NOK 1,003 million in the second quarter 2006
• EBITDA growth of 110 percent
  • NOK 812 million versus NOK 387 million in the second quarter 2006
• EBIT growth of six percent
  • NOK 679 million versus NOK 303 million in the second quarter 2006
• NOK 5.1 billion wafer contract with Moser Baer signed
• Further capacity expansions in all segments approved
  • USD 485 million for additional 6,000 MT polysilicon capacity
  • NOK 200 million for additional 50 MW multi wafer capacity
  • SEK 74 million for additional 50 MW module capacit
  • NOK 1,350 million for additional 275 MW mono wafer capacity
• FBR project on time, but approximately 10 percent higher investment cost expected