Voting Rights: Q-Cells AG (FRA:QCE) : Publication Pursuant To §26 Sect.1 WpHG (the German Securities Trading Act) With The Aim Of Pan-european Distribution

Q-Cells AG (FRA:QCE) Q-Cells AG / Voting rights: Release of a voting rights announcement pursuant to section 21 para.1 WpHG (Securities Trading Act): Publication pursuant to §26 sect.1 WpHG (the German Securities Trading Act) processed and transmitted by Hugin. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------



Baillie Gifford & Co, Edinburgh, Great Britain, notified us on October 16, 2008, of the following:

On October 6, 2008, the voting interest of Baillie Gifford & Co in Q-Cells AG exceeded the threshold of 5 % and on this date amounted to 5.06 % (this corresponds to 4,158,122 voting rights).

2.32 % of these voting rights (this corresponds to 1,906,645 voting rights) are attributed to Baillie Gifford & Co in accordance with sec. 22 para. 1 sent. 1 no. 6 WpHG.

2.74 % of these voting rights (this corresponds to 2,251,477 voting rights) are attributed to Baillie Gifford & Co in accordance with sec. 22 para 1 sent. 1 no. 6 and sent. 2 WpHG.

Bitterfeld-Wolfen, October 16, 2008 Q-Cells AG, OT Thalheim, Guardianstr. 16, 06766 Bitterfeld-Wolfen

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Q-Cells AG OT Thalheim, Guardianstr. 16 Bitterfeld-Wolfen Germany

WKN: 555866; ISIN: DE0005558662; Index: CDAX, GEX, Prime All Share, TecDAX; Listed: Amtlicher Markt in Frankfurter Wertpapierbörse, Prime Standard in Frankfurter Wertpapierbörse, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Berlin,

Freiverkehr in Börse Düsseldorf, Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg, Freiverkehr in Börse Stuttgart;

Q-Cells AG

http://www.q-cells.com

ISIN: DE0005558662

Stock Identifier: XFRA.QCE