April 4, 2014

LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited (“the JPLs”) are pleased to confirm that, on April 2, 2014, the Grand Court of the Cayman Islands (the “Cayman Court”), authorized the JPLs to take steps to implement the restructuring of the Company’s offshore liabilities. The Cayman Court also ordered that the winding-up petition be adjourned generally and the provisional liquidation be continued until further ordered by the Cayman Court. With respect to the restructuring, the Cayman Court specifically ordered that:

the JPLs be authorized to cause the Company to enter into a restructuring support agreement (the “Senior Notes RSA”) with certain of the holders of Renminbi-denominated US$-settled 10% Senior Notes due 2014 (the “Senior Notes”);

the JPLs be authorized to cause the Company to enter into a restructuring support agreement (the “Preferred Obligations RSA”) with certain of the holders of Series A Redeemable Convertible Preferred Shares of LDK Silicon & Chemical Technology Co., Ltd. (the “Preferred Obligations”);

the JPLs be authorized to cause the Company to enter into a promissory note and share warrant with Heng Rui Xin Energy (HK) Co., Limited (“HRX”) in respect of the provision by HRX of interim funding up to an aggregate principal amount of US$14 million (the “Interim Financing”). The JPLs are also authorized to cause the Company to issue shares to HRX pursuant to and in accordance with the rights conferred by the promissory note and share warrant; and

the JPLs be authorized to cause the Company to retain Jefferies LLC as financial adviser and to cause the Company to enter into terms of engagement with Ropes & Gray LLP, Harneys, Westwood & Riegels and Houlihan Lokey (Europe) Limited in their capacities as legal and financial advisers to the ad hoc committee of certain of the holders of the Senior Notes.

The Cayman Court order follows the previous announcement by the Company and the JPLs on March 28, 2014 that, following extensive negotiations with its offshore creditors, the Company had received:

signatures to the Senior Notes RSA from the holders of approximately 60% in aggregate principal amount of the Senior Notes;

signatures to the Preferred Obligations RSA from the holders of approximately 79% of the holders of the Preferred Obligations; and

signatures to both the Senior Notes RSA and the Preferred Obligations RSA from the debtors of the Senior Notes and the Preferred Obligations and a majority of the shareholders of the Company.

The JPLs have executed on behalf of the Company the Senior Notes RSA and the Preferred Obligations RSA and both agreements are now effective and binding.

The Cayman Court order represents another significant and positive milestone in restructuring the Company’s offshore liabilities. The JPLs and the Company are continuing to focus on taking all steps necessary to achieve a restructuring on the terms contemplated in the Senior Notes RSA and the Preferred Obligations RSA. The JPLs currently anticipate applying before May 31, 2014 for orders convening meetings of creditors in relation to the restructuring.

Cautionary Note Regarding Forward-Looking Statements

This announcement 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 announcement are forward-looking statements, including but not limited to, the projected financial information provided herein, LDK Solar’s ability to raise additional capital to finance its operating activities, its ability to achieve a consensual solution to its onshore and offshore liabilities, 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 such information was prepared and on its expectations, assumptions, estimates and projections about LDK Solar and the PV industry as of such date. 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.

About LDK Solar in provisional liquidation

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

Contact Information

Company in provisional liquidation, Lisa Laukkanen, The Blueshirt Group for LDK Solar, [email protected], +1-415-217-4967; Jack Lai, Executive VP and CFO, LDK Solar Co., Ltd., [email protected]; Provisional Liquidators, Tammy Fu , Zolfo Cooper (Cayman) Limited, Cayman Islands, Eleanor Fisher, Zolfo Cooper (Cayman) Limited, Cayman Islands, [email protected], +1-345-946-0081; Financial Advisor to Company (in provisional liquidation), Augusto King, Jefferies LLC, [email protected]; Steven Strom, Jefferies LLC, [email protected]; Richard Klein, Jefferies LLC, [email protected]; Legal Advisors to Company (in provisional liquidation), Thomas Albrecht, Sidley Austin, [email protected]; Timothy Li, Sidley Austin, [email protected]; Guy Manning, Campbells, [email protected]; Mark Goodman, Campbells, [email protected]; Financial Advisor to Senior Notes Holders, Brandon Gale, Houlihan Lokey, [email protected]; Legal Advisor to Senior Notes Holders, Daniel Anderson, Ropes & Gray, [email protected]

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