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Suntech CEO To Join New York Stock Exchange International Advisory Committee

WUXI, China, Aug. 10 /Xinhua-PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's leading manufacturers of photovoltaic (PV) cells, announced today that Dr. Zhengrong Shi, Suntech's Chairman and CEO, will join the International Advisory Committee of the New York Stock Exchange (''NYSE'').

The International Advisory Committee was formed by the NYSE Board of Directors to provide a forum for select chairmen and chief executive officers of non-U.S. based companies to advise the NYSE on a range of issues pertaining to the global marketplace.

''This is a great honor for me as well as for Suntech,'' remarked Dr. Zhengrong Shi, Suntech's Chairman and CEO. ''I will do my best to help U.S. investors gain a better understanding of Chinese companies, and to assist outstanding Chinese enterprises seeking access to international capital markets.''

New York Stock Exchange President Catherine Kinney and General Manager James McDonald extended the invitation to join the Committee to Dr. Shi on behalf of the NYSE Group.

Approximately US$400 million was raised through Suntech's initial public offering on the New York Stock Exchange in December 2006. The IPO was the largest listing for a China-based company in the United States last year.

About Suntech

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 more information, please contact:

    In China:
     Cindy Shao
     Suntech Power Holdings Ltd.
     Tel:    +86-510-8534-5000
     Email:  ir@suntech-power.com

     Philip Lisio
     Ogilvy Public Relations Worldwide
     Tel:    +86-10-8520-6550
     Mobile: +86-1350-1166-560
     Email:  philip.lisio@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-                             08/10/2006
    /CONTACT:  In China: Cindy Shao of Suntech Power Holdings Ltd.,
+86-510-8534-5000 or ir@suntech-power.com , Philip Lisio of Ogilvy Public
Relations Worldwide, +86-10-8520-6550, +86-1350-1166-560 or
philip.lisio@ogilvy.com , In the United States: 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:  ENV OIL
SU:  ASI LIC





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7259 08/10/2006 08:00 EDT http://www.prnewswire.com