Phönix SonnenStrom AG: Annual General Meeting resolves that the company will be renamed

Phönix SonnenStrom AG / AGM/EGM

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this
announcement.
----------------------------------------------------------------------

Phönix SonnenStrom AG: Annual General Meeting resolves that the company
will be renamed

·Company to go by the name of Phoenix Solar AG in future
·Dividend payment resolved 

Sulzemoos, 30 May 2007/ Phönix SonnenStrom AG (ISIN DE000A0BVU93), a
leading international photovoltaic systems integrator is to be renamed as
Phoenix Solar AG. At the Annual General Meeting held on 25 May 2007, the
shareholders approved the change of the company name with a full majority.
In addition, the payment of a dividend of EUR 0.10 per share was resolved.
All items on the agenda were adopted with a majority of between 99.88 and
100 percent.

Upon changing the company name to 'Phoenix Solar', the Group, which is
positioned in the international arena, will bear the same name in all
countries.

Following entry into the Register of Companies, the new company name will
be launched with a new logo and a new web presence. The company web site
address will also subsequently be changed to www.PhoenixSolar.com.



This is an English translation of the German original. The German original
is binding.

___________________________

About Phönix SonnenStrom AG
Phönix SonnenStrom AG, based in Sulzemoos near Munich, is a leading
international photovoltaic systems integrator. In the financial year 2006,
the Phönix SonnenStrom Group generated sales of EUR 119 million in Germany
and abroad. Phönix SonnenStrom AG designs, builds and operates large-scale
photovoltaic plants and is a wholesaler of complete solar electricity
plants, solar modules and components. The Group is a market leader in
photovoltaic systems technology. The focus of its activities is on the
consistent reduction of system costs. With a sales network covering the
whole of Germany, and subsidiaries in Spain and Singapore, as well as a
participation in Italy, the Group currently has over 100 employees. The
shares of Phönix SonnenStrom AG (ISIN DE000A0BVU93) are listed on the
regulated market (Prime Standard) on the Frankfurt stock exchange.


Contact:
Phönix SonnenStrom AG
Anka Leiner
Investor Relations
Hirschbergstraße 8
D-85254 Sulzemoos

Tel. +49 (0) 8135 938-315
Fax: +49 (0) 8135 938-399
Leiner@SonnenStromAG.de
www.SonnenStromAG.de

Amtsgericht München HRB 129117 
Ust-ID Nr. DE 812868419 


DGAP 30.05.2007 
----------------------------------------------------------------------
 
Language:     English
Issuer:       Phönix SonnenStrom AG
              Hirschbergstraße 8
              85254 Sulzemoos Deutschland
Phone:        +49 (0)8135-938-000
Fax:          +49 (0)8135-938-099
E-mail:       Phoenix@SonnenStromAG.de
www:          www.SonnenStromAG.de
ISIN:         DE000A0BVU93
WKN:          A0BVU9
Indices:      
Listed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
              Berlin-Bremen, München, Düsseldorf, Stuttgart
 
End of News                                     DGAP News-Service
 
---------------------------------------------------------------------------