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Suntech to Double European Sales and Marketing Team to Enhance Customer Support

Relocates European Headquarters from London to Schaffhausen, Switzerland as

Part of Strategic Initiative to Solidify Market Leadership Position

SCHAFFHAUSEN, Switzerland and WUXI, China, May 12 /PRNewswire-Asia/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), the world's leading manufacturer of crystalline silicon photovoltaic (PV) modules, announced today it intends to double its sales and marketing team in Europe over the next three to six months. Suntech also announced it has relocated its European headquarters from London to Schaffhausen, Switzerland as part of its ongoing strategy to centralize regional operations and broaden the level of local service and support to its rapidly expanding European customer base.

Dr. Zhengrong Shi, Suntech's Chairman and CEO, said, "The European market represents close to 80% of our business and has the potential to grow significantly in the coming years. Suntech has already established very mature and capable sales, technical and support teams across Europe, however, we are committed to increasing this investment to ensure that our customers have the best support available. We plan to double the size of our European team over the next three to six months."

Dr. Shi added, "Schaffhausen's proximity to key, established solar markets, such as Germany, France and Italy, and to nascent markets in Greece, Portugal and the countries of Central Europe, is ideal for Suntech as we enhance localized service and support for existing and prospective customers. Its well-regarded, internationally experienced workforce and reputation as a global financial center should also serve us well as we move to further penetrate European demand for solar."

Jerry Stokes, Suntech Europe's Vice President of Strategy and Business Development, said, "We spent considerable time researching the best location for our European headquarters and were very impressed with the support we received from the Canton of Schaffhausen. The central location and excellent transport infrastructure -- with reliable rail, road and air links -- were also key factors in our decision."

"The Swiss Government recently introduced an incentive program for PV and we will be aiming to quickly secure a leading market position there as we have elsewhere in Europe," added Mr. Stokes.

As part of the European expansion initiative, Suntech is looking to enhance its European based team with a broad range of experienced professionals with expertise in: sales, marketing, technical customer service, and product management. Interested candidates should email applications to: or visit About Us/Careers on the Suntech website, , for further details.

    Suntech's new European headquarters address and contact details are:

    Suntech Power International Ltd.
    Schwertstrasse 1
    CH-8200 Schaffhausen

    Tel: +41-52-632-0090
    Fax: +41-52-632-0099

About Suntech

Suntech Power Holdings Co., Ltd. (NYSE: STP) is the world's leading solar energy company as measured by production output of crystalline silicon solar modules. Suntech designs, develops, manufactures, and markets premium-quality, high-output, cost-effective and environmentally friendly solar products for electric power applications in the residential, commercial, industrial, and public utility sectors. Suntech's patent-pending Pluto technology for crystalline silicon solar cells improves power output by up to 12% compared to conventional production methods.

Suntech also offers one of the broadest ranges of building-integrated solar products under the MSK Solar Design Line(TM). Suntech designs and delivers commercial and utility scale solar power systems through its wholly owned subsidiaries Suntech Energy Solutions and Suntech Energy Engineering and will own and operate projects greater than 10 megawatts in the United States through Gemini Solar Development Company, a joint venture with Fotowatio. With regional headquarters in China, Switzerland and the United States and sales offices worldwide, Suntech is passionate about improving the environment we live in and dedicated to developing advanced solar solutions that enable sustainable development. For more information, please visit

Safe Harbor Statement

This press release contains forward-looking statements. These statements 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. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements and includes Suntech's ability to double the size of its team in Europe, further penetrate European demand for solar and establish a leading market position in Switzerland. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in Suntech's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Suntech does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

    For more information on Suntech, please contact:

    In China:
     Rory Macpherson
     Investor Relations Director
     Suntech Power Holdings Co., Ltd.
     Tel:   +86-21-6288-5574

    In the United States:
     Sanjay M. Hurry
     Vice President
     The Piacente Group, Inc. (Investor Relations Counsel, Suntech)
     Tel:   +1-212-481-2050

    In Europe:
     Jerry Stokes
     Suntech Power International Ltd.
     Vice President of Strategy and Business Development
     Tel:   +41-52-632-0091

SOURCE  Suntech Power Holdings Co., Ltd.

    -0-                             05/12/2008
    /CONTACT: In China: Rory Macpherson, Investor Relations Director of
Suntech Power Holdings Co., Ltd., +86-21-6288-5574,; or
In the United States: Sanjay M. Hurry, Vice President of The Piacente Group,
Inc. (Investor Relations Counsel, Suntech), +1-212-481-2050,; or In Europe: Jerry Stokes, Vice President of Strategy and
Business Development of Suntech Power International Ltd., +41-52-632-0091,
    /Web site:

CO:  Suntech Power Holdings Co., Ltd.

ST:  China, Switzerland

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