AGO AG successfully placed convertible bonds

• Placement of the complete volume
• Gross proceeds in the nominal amount of EUR 2.0 million

Kulmbach, 10 November 2011: AGO AG Energie + Anlagen (WKN: A0LR41, ISIN: DE000A0LR415), as specialist in the area of innovative and efficient energy supply facilities has successfully issued convertible bonds with conversion obligation in the nominal amount of EUR 2.0 million.

The total nominal amount of EUR 2.0 million aims at strengthening the company’s equity base and at the further growth of AGO AG, in particular the dynamically growing divisions of big combined heat and power plants from 1 MWel and the production of absorption chillers.

The convertible bonds will be listed on the Regulated Unofficial Market at the Frankfurt Stock Exchange. This transaction has been organized by quirin bank AG, Berlin as Sole Lead Manager.

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.