XINYU CITY, China and SUNNYVALE, Calif., April 8, 2008/PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. (NYSE: LDK), announced today itsintention to offer, subject to market and other conditions, approximately $300million aggregate principal amount of Senior Convertible Notes due 2013pursuant to Rule 144A under the United States Securities Act of 1933, asamended (the 'Securities Act'). The notes are convertible into LDK Solar'sAmerican depositary shares, cash or a combination of cash and Americandepositary shares. The interest rate, conversion price and other terms areto be determined by negotiations between LDK Solar and the initial purchasersof the notes.

LDK Solar expects to use the net proceeds of the offering to enter intoprepaid forward contracts with one or more of the initial purchasers and/ortheir affiliates to repurchase approximately $150 million worth of itsAmerican depositary shares. In addition, LDK Solar expects to useapproximately 75% of the remaining net proceeds to fund the construction of apolysilicon manufacturing plant, approximately 20% of the remaining netproceeds to fund the capacity expansion of its wafer production facilities and5% of the remaining net proceeds to fund other general corporate activities.

This notice does not constitute an offer to sell or the solicitation of anoffer to buy securities. Any offers of the securities will be made only bymeans of a private offering memorandum. The sale of the notes and the Americandepositary shares issuable upon conversion have not been registered under theSecurities Act or the securities laws of any other jurisdiction and may not beoffered or sold in the United States absent registration or an applicableexemption from registration requirements.

Safe Harbor Statement

This press release contains forward-looking statements within the meaningof the safe harbor provisions of the Private Securities Litigation Reform Actof 1995. All statements other than statements of historical fact in thisannouncement are forward-looking statements, including but not limited to, LDKSolar's ability to raise additional capital to finance LDK Solar's activities;the effectiveness, profitability, and marketability of its products; thefuture trading of the securities of LDK Solar; the ability of LDK Solar tooperate as a public company; the period of time for which its currentliquidity will enable LDK Solar to fund its operations; LDK Solar's ability toprotect its proprietary information; general economic and business conditions;the volatility of LDK Solar's operating results and financial condition; LDKSolar's ability to attract or retain qualified senior management personnel andresearch and development staff; and other risks detailed in LDK Solar'sfilings with the Securities and Exchange Commission. These forward-lookingstatements involve known and unknown risks and uncertainties and are based oncurrent expectations, assumptions, estimates and projections about LDK Solarand the industry. These statements are based upon information available to LDKSolar's management as of the date hereof. Actual results may differ materiallyfrom the anticipated results because of certain risks and uncertainties.

LDK Solar undertakes no obligation to update forward-looking statements toreflect subsequent occurring events or circumstances, or changes in itsexpectations, except as may be required by law. Although LDK Solar believesthat the expectations expressed in these forward-looking statements arereasonable, they cannot assure you that their expectations will turn out to becorrect, and investors are cautioned that actual results may differ materiallyfrom the anticipated results.

SOURCE LDK Solar Co., Ltd.