LDK Solar

A leading manufacturer of multicrystalline solar wafers, announced today that it has reached an agreement to settle the securities class action lawsuit pending in the U.S. District Court of Northern California. After submitting the proposed settlement agreement to the court on February 16, 2010, the court granted preliminary approval of the settlement on February 17, 2010. The settlement is not final until the class receives notice of the settlement and the court grants final approval of the settlement terms.

LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, today announced that it has entered into an agreement to acquire the crystalline module manufacturing plant of Best Solar Co., Ltd. Under the terms of the transaction LDK Solar will acquire Best Solar`s crystalline module manufacturing plant at cash consideration of $21.5 million, representing the fair value of the assets acquired determined on an arms-length basis.

LDK Solar Co., Ltd. (“LDK Solar”; NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, announced today that it has become a member of PV CYCLE, an organization based in Brussels, Belgium that promotes the take-back and recycling of end-of-life PV modules.

LDK Solar Co., Ltd., a leading manufacturer of solar wafers, announced today that it has signed a contract to supply solar modules to Canada based COU Solar, a subsidiary of Oneworld Energy Inc. Under terms of the agreement, LDK Solar will deliver approximately 30 megawatts (MW) of solar modules to COU/Oneworld in 2010.

LDK Solar Co., Ltd. (NYSE: LDK), a leading manufacturer of multicrystalline solar wafers, today announced that it closed the sale of an additional 1,645,900 American Depositary Shares, each representing one ordinary share, at the public offering price of US$7.00 per share, pursuant to the over-allotment option exercised by the underwriters in connection with its recent follow-on offering, which was priced on December 18, 2009.

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers, today announced that members of its management team will present at the following conference:

Event: 12th Annual Needham Growth Stock Conference
Date: January 12, 2010
Time: 4:30 p.m. Eastern Time
Location: New York Palace Hotel, New York

A live and recorded webcast of LDK Solar’s presentation will be available on the Investor Relations section of the Company's website at www.ldksolar.com.

About LDK Solar (NYSE: LDK)

LDK Solar Co., Ltd.,a leading manufacturer of multicrystalline solar wafers, today priced a follow-on offering of 16,520,000 American depositary shares, each representing one ordinary shares, at a price to the public of $7.00 per ADS, with an additional 2,478,000 ADSs if the underwriters decide to fully exercise their over-allotment option in connection with the offering. All the net proceeds from this offering will go to the Company.

LDK Solar Co., Ltd.,a leading manufacturer of solar wafers, today signed an indicative term sheet with VMS Investment Group Ltd. and its affiliates, or the "Investors," pursuant to which the Investors have agreed to subscribe between $50 million to $80 million aggregate amount of redeemable and convertible preference shares of the Cayman Islands subsidiary, which is to be created to hold and operate LDK Solar's polysilicon business, valuing the entity at $1.30 billion to $1.65 billion.

LDK Solar Co., Ltd., a leading manufacturer of multicrystalline solar wafers, announced today that it has signed an agreement with Uni Land S.p.A., an Italian company listed on the Italian Stock Market with operations in land banking, real estate development and renewable energies, to develop and construct PV plants totaling 20 megawatts (MW) in 2010 and 2011.

LDK Solar will manage engineering, procurement and construction of the plants and will also supply the solar modules. Uni Land will finance the PV project operations.

LDK Solar Co., Ltd.,a leading manufacturer of multicrystalline solar wafers, announced today that it has signed an agreement with Global Power Resources Ltd. (GPR), a company limited by shares which is held by SBTFC Holding Ltd., to develop and construct PV plants totalling 100 megawatts (MW) in 2010.

LDK Solar will provide engineering, procurement, construction services and supply the solar modules. GPR will acquire the final ownership of the PV plants.

The targeted 100MW of PV plants is expected to be completed by the end of 2010.