LDK Solar Files Registration Statement With the SEC for an Initial Public Offering of Its American Depositary Shares

LDK Solar Files Registration Statement With the SEC for an Initial Public Offering of Its American Depositary Shares

May 15, 2007

    XINYU CITY, China and SUNNYVALE, Calif., May 15
/Xinhua-PRNewswire/ -- LDK Solar Co., Ltd., a manufacturer
of multicrystalline solar wafers, announced today that it
has filed a registration statement on Form F-1 with the
Securities and Exchange Commission for a proposed initial
public offering of 17,384,000 American Depository Shares
("ADSs"), representing 17,384,000 ordinary shares
of the company.  The proposed offering includes an offering
of 3,991,900 ADSs by the selling shareholders named in the
registration statement. Each ADS represents one ordinary
share of the company. The price range for the offering is
between US$25.00 and US$27.00 per ADS. LDK has applied to
list its ADSs on the New York Stock Exchange under the
symbol "LDK".

    Morgan Stanley & Co. International plc and UBS AG
will act as joint book-running managers for the offering.
Piper Jaffray & Co., CIBC World Markets Corp., and CLSA
Limited are serving as co-managers. JPMorgan Chase Bank,
N.A. will act as the depositary for the ADSs.

    A copy of the prospectus relating to these securities
may be obtained, when available, from: Morgan Stanley &
Co. Incorporated, Prospectus Department, 180 Varick Street,
New York, NY 10014; Attention: Prospectus Department or by
e-mail at [e-mail] or UBS Investment
Bank, Prospectus Department, c/o Clint Lauriston, 299 Park
Avenue, New York, NY 10171; telephone number: 212-821-3884,
fax number: 212-821-3285, email: [e-mail].

    A registration statement relating to these securities
has been filed with the Securities and Exchange Commission
but has not yet become effective. These securities may not
be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This release
shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of these
securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of
any such state or jurisdiction.

    About LDK Solar

    LDK Solar Co., Ltd. is a manufacturer of
multicrystalline solar wafers, which are the principal raw
material used to produce solar cells. LDK sells
multicrystalline wafers globally to manufacturers of
photovoltaic products, including solar cells and solar
modules. In addition, the company provides wafer processing
services to monocrystalline and multicrystalline solar cell
and module manufacturers. LDK's headquarters and
manufacturing facilities are located in Hi-Tech Industrial
Park, Xinyu City, Jiangxi province in the People's Republic
of China. The company's office in the United States is
located in Sunnyvale, California.

    Safe Harbor Statement

    This press release includes statements that may
constitute forward-looking statements made pursuant to the
safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. Although LDK believes that
the expectations reflected in such forward-looking
statements are based on reasonable assumptions, such
statements are subject to risk and uncertainties that could
cause actual results to differ materially from those
projected.


    For more information, please contact: 

    Lisa Laukkanen
    The Blueshirt Group
    Tel:   [phone]
    Email: [e-mail]

    Jack Lai
    Executive VP and CFO 
    LDK Solar Co., Ltd.
    Tel:   [phone]
    Email: [e-mail]