LDK Solar Announces Update to its Board of Directors; Executive Vice President of Corporate Strategy Resigns for Personal Reasons

LDK Solar Co., Ltd. ("LDK Solar")

today announced that Mr. Yonggang Shao, an Executive Director and Executive Vice President of Corporate Strategy at LDK Solar, resigned for personal reasons, effective June 30, 2012. Effective immediately, Mr. Shao will serve as Chairman Peng's consultant under a new agreement. The resignation of Mr. Shao does not affect the composition of the Audit, Compensation or Nominating and Corporate Governance Committees of LDK Solar's Board.