AGO AG Energie + Anlagen is awarded a contract for a project in South Africa

+++ Turnkey-order for energy center of Heineken brewery
+++ Order value EUR 3.75 million
+++ AGO hoping for follow-up orders

Kulmbach, 10 June 2008: AGO AG Energie + Anlagen (cusip number: A0LR41; ISIN: DE000A0LR415) for the first time in its 28 year company history was awarded a contract as a general contractor in South Africa. In Gauteng, a suburb of Johannesburg, AGO will be responsible for planning, delivering, installing and taking into operation an energy center. The employer for the hot water plant with a total performance of 20 MW is Europe’s largest brewery Heineken. The order value of the energy center for the new brewery of Heineken South Africa amounts to EUR 3.75 million.

Optionally, a third boiler plant in the amount of approximately EUR 1.0 million and a maintenance contract with a preliminary period of five years, including the provision of spare parts is being negotiated. By regular maintenance and remote supervision of the hot water plant, AGO AG Energie + Anlagen will be generating six-digit annual revenue as of commissioning in June 2009.

Three different fuels shall be used for firing the supply system, mainly the conventional fuels natural gas and fuel oil gas. The third fuel will be biogas which is provided free by the in-house sewage system.

„The delivery and installation of the energy center in South Africa demonstrates once more that AGO AG’s expertise is also appreciated abroad. Apart from overseas activities in Greece, the USA and Russia and the expansion to Italy we are now present in South Africa. We consider the first order by Heineken a first class opportunity and are hoping for follow-up orders all over the world after the successful cooperation in South Africa“, according to Hans Ulrich Gruber, CFO of AGO AG Energie + Anlagen.

About AGO AG Energie + Anlagen

AGO AG 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 AGO AG 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. AGO symbolizes efficiency, security and technological competence of your energy supply facilities.