SOLA Renesola

 
TIDMSOLA 
 
ReneSola Announces Convertible Bond Repurchases 
 
JIASHAN, China, May 19 /PRNewswire-Asia-FirstCall/ -- ReneSola Ltd ("ReneSola" 
or the "Company"), a leading global manufacturer of solar wafers, today 
announced that during the second quarter of 2009, the Company repurchased 
RMB270 million aggregate principal amount of its RMB928,700,000 U.S. Dollar 
Settled 1.0% Convertible Bonds due March 26, 2012 (the "Bonds"), for a total 
consideration of approximately RMB186 million. The total consideration was paid 
approximately 76% by cash and 24% by shares. 
 
(Logo: http://www.newscom.com/cgi-bin/prnh/20080506/CNTU030 ) 
 
Application has been made for 4,000,000 shares (represented by 2,000,000 
American Depository Shares ("ADSs")), issued in part consideration for the 
repurchase, to be admitted to trading on AIM on May 20, 2009. The ADSs will be 
admitted to listing on the NYSE on or about the same date. 
 
ReneSola may from time to time seek to make additional repurchases of its 
Bonds. Such repurchases, if any, will depend on prevailing market conditions, 
the Company's liquidity requirements and other factors. 
 
About ReneSola 
 
ReneSola Ltd ("ReneSola") is a leading global manufacturer of solar wafers 
based in China. Capitalizing on proprietary technologies and technical 
know-how, ReneSola manufactures monocrystalline and multicrystalline solar 
wafers. In addition, ReneSola strives to enhance its competitiveness through 
upstream integration into virgin polysilicon manufacturing. ReneSola possesses 
a global network of suppliers and customers that include some of the leading 
global manufacturers of solar cells and modules. ReneSola's shares are 
currently traded on the New York Stock Exchange (NYSE: SOL) and the AIM of the 
London Stock Exchange (AIM: SOLA). For more information about ReneSola, please 
visit http://www.renesola.com . 
 
Safe Harbor Statement 
 
This press release contains statements that constitute "forward-looking" 
statements within the meaning of Section 27A of the Securities Act of 1933, as 
amended, and Section 21E of the Securities Exchange Act of 1934, as amended, 
and as defined in the U.S. Private Securities Litigation Reform Act of 1995. 
Whenever you read a statement that is not simply a statement of historical fact 
(such as when we describe what we "believe," "expect" or "anticipate" will 
occur, what "will" or "could" happen, and other similar statements), you must 
remember that our expectations may not be correct, even though we believe that 
they are reasonable. We do not guarantee that the forward-looking statements 
will happen as described or that they will happen at all. Further information 
regarding risks and uncertainties that could cause actual results to differ 
materially from those in the forward-looking statements is included in our 
filings with the U.S. Securities and Exchange Commission, including our annual 
report on Form 20-F. We undertake no obligation, beyond that required by law, 
to update any forward-looking statement to reflect events or circumstances 
after the date on which the statement is made, even though our situation may 
change in the future. 
 
For investor and media inquiries, please contact: 
 
In China: 
 
Ms. Julia Xu 
 
ReneSola Ltd 
 
Tel: +86-573-8477-3372 
 
Email: julia.xu@renesola.com 
 
Mr. Derek Mitchell 
 
Ogilvy Financial, Beijing 
 
Tel: +86-10-8520-6284 
 
Email: derek.mitchell@ogilvy.com 
 
In the United States: 
 
Mr. Thomas Smith 
 
Ogilvy Financial, New York 
 
Tel: +1-212-880-5269 
 
Email: thomas.smith@ogilvypr.com 
 
In the United Kingdom: 
 
Mr. Tim Feather / Mr. Richard Baty 
 
Hanson Westhouse Limited, London 
 
Tel: +44-20-7601-6100 
 
Email: tim.feather@hansonwesthouse.com 
 
richard.baty@hansonwesthouse.com 
 
SOURCE ReneSola Ltd 
 
 
 
END 
 

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