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Suntech Regains Compliance With NYSE Minimum Share Price Listing Requirement

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Mon Jan 14, 2013 4:30am EST

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WUXI,  China,  Jan. 14, 2013  /PRNewswire/ -- Suntech Power Holdings Co., Ltd.
(NYSE: STP), one of the world's largest producers of solar panels, today
announced that it has regained compliance with the New York Stock Exchange's
(NYSE) quantitative continued listing requirements.   

In a letter dated  January 8, 2013, the NYSE notified the Company that a
calculation of Suntech's average stock price for the 30 trading-days ended 
December 31, 2012  indicated that its stock price was above the NYSE's minimum
requirement of  $1  based on a 30 trading-day average. In addition, on  December
31, 2012, the Company's closing share price was  $1.53. The Company will
continue to monitor its ongoing compliance with the NYSE's continued listing
standards.

About Suntech

Suntech Power Holdings Co., Ltd. (NYSE: STP) produces solar products for
residential, commercial, industrial, and utility applications. With regional
headquarters in  China,  Switzerland, and  the United States, and gigawatt-scale
manufacturing worldwide, Suntech has delivered more than 25,000,000 photovoltaic
panels to over a thousand customers in more than 80 countries. Suntech's
pioneering R&D creates customer-centric innovations that are designed to drive
solar to grid parity against fossil fuels. Suntech's mission is to provide
everyone with reliable access to nature's cleanest and most abundant energy
source.

Safe Harbor Statement

This press release contains forward-looking statements. These statements
constitute "forward-looking" statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements. Further
information regarding these and other risks is included in Suntech's filings
with the U.S. Securities and Exchange Commission, including its annual report on
Form 20-F. Suntech does not undertake any obligation to update any
forward-looking statement as a result of new information, future events or
otherwise, except as required under applicable law.

For investor inquiries, please contact:  

Rory Macpherson
Investor Relations Director
Suntech Power Holdings, Co. Ltd.
Email:  ir@suntech-power.com

For media enquiries, please contact:

Shashin Surti
Weber Shandwick for Suntech
Phone: +86 21 2411 0046
Email:  Suntech@webershandwick.com

SOURCE  Suntech Power Holdings Co., Ltd.

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