Expected Financial and Liquidity Position

We will continue to keep a close eye on the Group’s financial stability over the next two years. We finalized the most important financing measures back in 2008 and 2009, securing WACKER’s financing beyond the 2010 – 2011 period. Net cash flow in 2010 will be slightly negative. This is because we continue to invest heavily and because WACKER POLYSILICON is now fulfilling supply obligations for already-received advance payments from long-term agreements. The equity ratio in 2010 should be slightly above 2009’s level.