First Solar Management Enters into Pre-Arranged Stock Trading Plans

TEMPE, Ariz.--(Business Wire)--
First Solar, Inc. (Nasdaq: FSLR) today announced the adoption of
pre-arranged stock trading plans by Bruce Sohn, president, Jens
Meyerhoff, chief financial officer, and John Gaffney, executive vice
president and general counsel, representing an aggregate of 82,500
shares of common stock.

The transactions are expected to occur at predetermined times from
November, 2008 to November, 2009 and will be publicly disclosed as
they occur on Form 4 filings with the Securities and Exchange
Commission.

The trading plans were established pursuant to Rule 10b5-1 under
the Securities Exchange Act of 1934. Rule 10b5-1 permits individuals
who are not in possession of material nonpublic information to
establish pre-arranged plans to buy or sell company stock. These plans
allow individuals to achieve prudent and gradual asset diversification
over time.

About First Solar

First Solar, Inc. (Nasdaq:FSLR) manufactures solar modules with an
advanced thin film semiconductor technology and provides comprehensive
PV solutions that significantly reduce solar electricity costs. By
enabling clean, renewable electricity at competitive prices, First
Solar provides an economic and environmentally responsible alternative
to existing peaking fossil-fuel electric generation. First Solar PV
power plants operate with no water, air emissions or waste stream.
First Solar set the benchmark for environmentally responsible product
life cycle management by introducing the industry's first
comprehensive collection and recycling program for solar modules. From
raw material sourcing through end-of-life collection and recycling,
First Solar is focused on creating cost-effective renewable energy
solutions that protect and enhance the environment.

For First Solar Investors

This release contains forward-looking statements which are made
pursuant to the safe harbor provisions of Section 21E of the
Securities Exchange Act of 1934. The forward-looking statements in
this release do not constitute guarantees of future performance. Those
statements involve a number of factors that could cause actual results
to differ materially, including risks associated with the company's
business involving the company's products, their development and
distribution, economic and competitive factors and the company's key
strategic relationships and other risks detailed in the company's
filings with the Securities and Exchange Commission. First Solar
assumes no obligation to update any forward-looking information
contained in this press release or with respect to the announcements
described herein.

First Solar, Inc.
Lisa Morse
602-414-9361
lmorse@firstsolar.com

Copyright Business Wire 2008