AGO energy (PTY) Ltd. assigns representative in the Chamber of Commerce and Industry of Cape Town, South Africa

• Successful delegation trip with Bavarian state chancellery
• Enormous project potential in South Africa
• Prime Minister of Westkap, Hellen Zille, is planning to visit Germany

Kulmbach, 10 December 2009: AGO Energy (PTY) Ltd., a 100 percent subsidiary of AGO AG Energie + Anlagen (cusip number: A0LR41 / ISIN: DE000A0LR415) assigns with immediate effect a member in the Chamber of Commerce and Industry of Cape Town, South Africa. Denis Stupan was elected to the Council of the Chamber of Commerce and Industry during their latest meeting. That enables AGO to participate even more actively in the economic development of Cape Town and the Westkap Province. In particular in the field of local energy supply plants and location concepts the know-how from Kulmbach is required.

This already became clear when a few weeks ago, Hans Ulrich Gruber, speaker of AGO AG‘s Board, came to visit South Africa on a delegation trip. Together with the director of the Bavarian state chancellery, Minister of State Siegfried Schneider, he had a number of appointments on their agenda. Apart from repeated meetings with Hellen Zille, Prime Minister of Westkap, as well as local Ministers in charge, a plan of activities was prepared with officials and representatives from science and economy which was passed by the Prime Minister. Subjects such as project potentials in the field of renewable energies, location development and local energy supply were discussed.

„Hellen Zille thanked me with a letter for the visit. Furthermore, she announced a prompt cooperation with the representatives of AGO in Cape Town. We are going to work on the subject of emissions trading and on potentials in the field of CDM projects as well as examine particular projects carefully“, explains Hans Ulrich Gruber, speaker of the BOD of AGO AG Energie + Anlagen. In addition to his employment with AGO AG Energie + Anlagen, Hans Ulrich Gruber is the Chairman of co2ncept plus, Verband der Wirtschaft für Emissionshandel und Klimaschutz e.V.

From left to rights: Siegfried Schneider (Minister of State, director of the Bavarian State Chancellery), Hellen Zille (Prime Minister of Westkap), Alexander Muthmann (member of Bavarian Parliament), Hans Ulrich Gruber (speaker of AGO AG‘s Board).

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.