LDK Solar Received a Continued Listing Standards Notice From New York Stock Exchange

 LDK Solar Received a Continued Listing Standards Notice From New York Stock
                                   Exchange

PR Newswire

XINYU CITY, China and SUNNYVALE, Calif., Nov. 16, 2012

XINYU CITY, China and SUNNYVALE, Calif., Nov. 16, 2012 /PRNewswire/ -- LDK
Solar Co., Ltd. ("LDK Solar" or the "Company") (NYSE: LDK), a leading
vertically integrated manufacturer of photovoltaic (PV) products, today
announced that it has received a notice from the New York Stock Exchange (the
"NYSE") that the Company did not meet one of the NYSE's continued listing
standards as the average closing price of the Company's American depositary
shares (the "ADSs") was $0.99, less than $1.00, per ADS over a consecutive
30-trading-day period as of November 5, 2012.

Under the NYSE rules, LDK Solar must bring its average ADS closing price above
$1.00 within the longer of six months of receipt of the NYSE's notification or
its next annual meeting of shareholders if a shareholders' action is proposed.

The Company has notified the NYSE of its intention to cure this deficiency
within the prescribed timeframe. During this cure period, the Company's ADSs
will continue to be listed and traded on the NYSE, subject to compliance with
other NYSE continued listing standards. If the Company fails to become
compliant with the continued listing standards within the applicable
timeframe, its ADSs may be delisted by the NYSE. The NYSE notification does
not affect the Company's business operations or its Securities and Exchange
Commission reporting requirements.

About LDK Solar (NYSE: LDK)
LDK Solar Co., Ltd. (NYSE: LDK) is a leading vertically integrated
manufacturer of photovoltaic (PV) products. LDK Solar manufactures
polysilicon, mono and multicrystalline ingots, wafers, cells, modules,
systems, power projects and solutions. LDK Solar's headquarters and principal
manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City,
Jiangxi Province in the People's Republic of China. LDK Solar's office in the
United States is located in Sunnyvale, California. For more information about
LDK Solar and its products, please visit www.ldksolar.com.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact in this press
release are forward-looking statements, including but not limited to, LDK
Solar's ability to raise additional capital to finance its operating
activities, the effectiveness, profitability and marketability of its
products, the future trading of its securities, the ability of LDK Solar to
operate as a public company, the period of time during which its current
liquidity will enable LDK Solar to fund its operations, its ability to protect
its proprietary information, the general economic and business environment and
conditions, the volatility of LDK Solar's operating results and financial
condition, its ability to attract and retain qualified senior management
personnel and research and development staff, its ability to timely and
efficiently complete its ongoing projects, and other risks and uncertainties
disclosed in LDK Solar's filings with the Securities and Exchange Commission.
These forward-looking statements involve known and unknown risks and
uncertainties and are based on information available to LDK Solar's management
as of the date hereof and on its current expectations, assumptions, estimates
and projections about LDK Solar and the PV industry. Actual results may differ
materially from the anticipated results because of such and other risks and
uncertainties. LDK Solar undertakes no obligation to update forward-looking
statements to reflect subsequent events or circumstances, or changes in its
expectations, assumptions, estimates and projections except as may be required
by law.

For more information contact:
Lisa Laukkanen
The Blueshirt Group for LDK Solar
lisa@blueshirtgroup.com
+1-415-217-4967

Jack Lai
Executive VP and CFO
LDK Solar Co., Ltd.
IR@ldksolar.com
+1-408-245-8801

SOURCE LDK Solar Co., Ltd.

Website: http://www.ldksolar.com
 
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