SunPower Announces Entry Into New Supplemental Indentures

SunPower Corp.

today announced the execution of four new supplemental indentures, with Wells Fargo Bank, National Association, as trustee, to reflect the stockholder-approved reclassification of the company's Class A common stock and Class B common stock into a single class of common stock on a one-for-one basis as previously announced. A new supplemental indenture has been executed for each of the 1.25% Senior Convertible Debentures due 2027 with CUSIP number 867652 AA7, the 0.75% Senior Convertible Debentures due 2027 with CUSIP number 867652 AB5 and the 4.75% Senior Convertible Debentures due 2014 with CUSIP number 867652 AC3. A supplemental indenture has also been executed for the 4.5% Senior Convertible Debentures due 2015 with CUSIP number 867652 AE9.