LDK Solar Announces Exercise By Underwriters of Over-Allotment Option

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 ("ADSs"), 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. The exercise of the over-allotment option brings the total number of ADSs sold in the follow-on offering to 18,165,900 and the aggregate net proceeds to approximately US$122.1 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by LDK Solar.