DJ DGAP-Adhoc: CLEANTECH INVEST AG reports Half Year 2010 Financial Results (IFRS, unaudited)

DJ DGAP-Adhoc: CLEANTECH INVEST AG reports Half Year 2010 Financial Results (IFRS, unaudited)

Cleantech Invest AG / Half Year Results/Miscellaneous

Dissemination of a Adhoc News, transmitted by

DGAP - a company of EQUITYSTORY AG.

The issuer is solely responsible for the content of this announcement.

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* Earnings before Tax (EBT) were EUR 1.14 million (First Half FY2009: EUR

0.13 million)

* Earnings per share were EUR 0.11 (First Half FY2009: EUR 0.01)

* NAV per share improved to EUR 0.66 as at 30th June 2010 (31st December

2009: EUR 0.55)

St. Gallen, 28. July 2010 - CLEANTECH INVEST AG (ISIN: CH0034183175, Ticker

Frankfurt: 4CT, Ticker Berne: CTI, www.cleantech-invest.ch) - a Berne and

Frankfurt Stock Exchange listed Growth CAPITAL Fund focusing on Clean

Technology Investments in the German-speaking region - reports unaudited

Financial Results for the First Half of Financial Year 2010 in accordance

with IFRS.

Over the period Earnings before Tax (EBT) were EUR 1.14 million, up from

EUR 0.13 million in the First Half of FY2009. Financial Income (interest

revenues not included) amounted to EUR 2.34 million (First Half FY2009:

0.35 million). Financial Expenses (mainly depreciation of financial assets)

were EUR 0.53 million (First Half FY2009: EUR 0.07 million).

The First Half of FY2010 was strongly impacted by the exit realization of

portfolio company SiC Processing AG. In June 2010 Nordic Capital Fund VII

acquired a majority stake in the leading supplier in the recovery and

processing of sawing slurry in silicon wafer production. Cleantech Invest

AG had been a shareholder of SiC Processing AG for almost three years.

Through the purchase of additional shares from an existing shareholder,

Cleantech Invest AG had doubled its stake in SiC Processing AG in summer

2009 - making it the largest investment in its portfolio. In addition,

Cleantech Invest AG was able to more than double its existing stake in

Sinosol AG in the First Half of FY2010. Sinosol Group is an international

project developer and turn-key solution provider of solar parks as well as

a supplier for photovoltaic systems and solutions with activities in Europe

and China.

The Net Asset Value (NAV) according to IFRS increased to EUR 0.66 per share

as at 30th June 2010 (31st December 2009: EUR 0.55), Earnings per Share

improved to EUR 0.11 (First Half FY2009: EUR 0.01). Financial Assets were

EUR 0.85 million as at 30th June 2010 (31st December 2009: EUR 2.64

million). Cash and CASH Equivalents as at 30th June 2010 amounted to EUR

2.91 million (31st December 2009: EUR 3.02 million), Receivables and Other

Assets rose to EUR 3.77 million (31st December 2009: EUR 0.32 million),

mostly related to the SiC Processing AG exit.

Information and Explaination of the Issuer to this News:

'We are very satisfied with the operating business in the First Half of

Financial Year 2010. Despite a continuously difficult market environment

for exiting Private Equity investments we were able to present to our

investors a successful exit after two profitable partial exits in 2009. In

addition, we were able to significantly increase the Net Asset Value per

share.' says Jürgen F. Habichler, Chairman of the Board of Directors of

Cleantech Invest AG.

The Financial Results for the First Half of FY2010 of Cleantech Invest AG

and the Net Asset Value per share as at 30th June 2010 can be downloaded

from the company's website (www.cleantech-invest.ch).

About Cleantech Invest AG

Cleantech Invest AG (ISIN: CH0034183175, Ticker Frankfurt: 4CT, Ticker

Berne: CTI, (www.cleantech-invest.ch) headquartered in St. Gallen,

Switzerland, is a stock exchange listed Growth Capital Fund focusing

exclusively on clean technology and RENEWABLE energy. Cleantech Invest AG

invests in established and growing companies in the field of renewable

energy, ENVIRONMENTAL and climate protection.

About Mountain Cleantech AG

Mountain Cleantech AG (www.mountain-cleantech.ch) headquartered in

Wädenswil/ Zurich, Switzerland, is the Investment Advisor of Cleantech

Invest AG. Mountain Cleantech AG was founded in the beginning of 2007. The

native German-speaking Investment Team combines extensive Cleantech,

Corporate Finance and Growth Capital investing experience. The team has

been managing its first fund Cleantech Invest AG since 2007.

Contact

Jürgen Habichler

Phone: +41 44 78 38 041

Email: contact@cleantech-invest.ch

Internet: www.cleantech-invest.ch

.. Ad hoc announcement, Financial News and Press Release distributed by DGAP.

Media archive at www.dgap-medientreff.de and www.dgap.de

Language: English

Company: Cleantech Invest AG

Dufourstr. 121

9001 St. Gallen

Schweiz

Phone: +41 44 78 38 041

Fax: +41 44 78 38 040

E-mail: contact@cleantech-invest.ch

Internet: www.cleantech-invest.ch

ISIN: CH0034183175

Swiss Security Number: A0M1SE

Listed: Open Market in Frankfurt; Foreign Exchange(s) BX

End of News DGAP News-Service

(END) Dow Jones Newswires

July 28, 2010 13:17 ET (17:17 GMT)

Quelle: DJ-Newswire