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Suntech Power Corrects Inaccuracies in Recent Commercial Times Article on Investment in Polysilicon Manufacturing Facilities

WUXI, China, June 2 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV) cells, stated that claims in a Chinese language Commercial Times article indicating that Suntech will invest more than 2 billion yuan to build two polysilicon fabs in Luoyang China are not correct.

About Suntech Power

Suntech Power Holdings Co., Ltd. is a leading solar energy company in the world as measured by production output of solar cells in 2005. Suntech provides solar solutions for a green future. Suntech designs, develops, manufactures and markets a variety of high quality, cost effective and environmentally friendly PV cells and modules for electric power applications in the residential, commercial, industrial and public utility sectors. Suntech's customers are located in various markets worldwide, including Germany, Spain, China and the United States. For more information, please visit http://www.suntech-power.com.

    For further information please contact:

    In China:

     Cindy Shao
     Suntech Power Holdings Ltd.
     Tel:   +86-10-8534-5000
     Email: ir@suntech-power.com

     Philip Lisio/Rory Macpherson
     Ogilvy Public Relations Worldwide
     Tel:   +86-10-8520-6688
     Email: rory.macpherson@ogilvy.com

    In the United States:

     Thomas Smith
     Ogilvy Public Relations Worldwide
     Tel:   +1-212-880-5269
     Email: thomas.smith@ogilvypr.com
SOURCE  Suntech Power Holdings Co., Ltd.
    -0-                             06/02/2006
    /CONTACT:  In China: Cindy Shao of Suntech Power Holdings Ltd.,
+86-10-8534-5000 or ir@suntech-power.com , Philip Lisio/Rory Macpherson of
Ogilvy Public Relations Worldwide, +86-10-8520-6688 or
rory.macpherson@ogilvy.com , In US: Thomas Smith of Ogilvy Public Relations
Worldwide, +1-212-880-5269 or thomas.smith@ogilvypr.com /
    /Web Site:  http://www.suntech-power.com /
    (STP)

CO:  Suntech Power Holdings Co., Ltd.
ST:  China
IN:  OIL
SU:  ASI





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8907 06/02/2006 07:41 EDT http://www.prnewswire.com