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Rule 2.29                                                                                                                       Form 2.16B



                             The Insolvency Act 1986                              ,                       2       a   1       6          B

                             Notice of statement of affairs

                             Name of Company                                               Company number

                             SAG       Solar UK Limited                                    08308954


                             In the                                                        Court case number
                             High Court of Justice                                         472 of 2014
                                                                   {full name of court}



(a) Insert full              We (a)
name(s) and                  Andrew McTear                                                Chris Willams
address(es) of               McTear Williams & Wood                                       McTear Willams & Wood
admuinistrator(s)            90 St Faiths Lane                                            90 St Faiths Lane
                             Norwich                                                      Norwich
                             NR1 1NE                                                      NR1 1NE




                             attach a copy of -

*Delete as                   *the statement(s) of affairs,
applicable


                             in respect of the administration of the a



                             Signed
                                                          Andrew McTear - Joint Administrator

                             Dated                        11 Apnil 2014



Contact Details

You do not have to give any contact                       Andrew McTear
information in the box opposite but if                    McTear Willams & Wood
you do, it will help Companies House to                   90 St Faiths Lane
contact you if there is a query on the                    Norwich
form                                                      NR1 1NE
The contact information that you give
will be visible to searchers of the
      Ie rannre                                                                                                01603 877540
                                                          DX Number                                            DX Exchange _
                    l    |         I                      When you have completed and signed this form, please send tt to the
                                                          Registrar of Companies at -
                                                          Companies       House, Crown Way, Cardiff CF14 3UZ      DX 33050     Cardiff
                             *A360WOB4”
                                                  #291
             Att              47/04/2014
                        COMPANIES HOUSE
Rule 2.29                                                                                        Form 2.14B

        Statement of Affairs
            Name of Company                                                   Company Number
            S.A.G Solar UK Ltd                                                08308954


            In the                                                            Court Case Number
            High Court of Justce                                              472 of 2014


                          Statement as to the affairs of

                          S.A.G Solar UK Ltd,
                          90 St Faiths Lane
                          Norwich




                          On the 29 January 2014 , the date that the company entered administration



                          Statement of Truth

                          1 believe that the facts stated in this statement of affairs are a full, true and,
                          complete statement of the affairs of the above named company as at           29
                          2014, the date that the company entered administration.

                          Full Name:(_ OLIVE           >    Cu

                          Signed:                 MAAAAA
                          Dated: ___ OA.        APML         2oiY
 A-— Summary of Assets


                                                                   Book Value             Estimated
                                                                        E                 to Realise
                                                                                               3

 Assets subject to Fixed charge:

 Membership Rughts in Ford Farm PV Scheme LLP1 (Note 1)                         9.99         6,812,051.00
 Ing. Ludwig Freitag Elektro-GmbH & CO. KG                           (6,396,303 82)        (6,049,381 28)

 Deficlency/ Surpius from Fixed Charge c/d                        (6,396,293.83)             762,669.72


 Uncharged assets:

 Surplus/Deficiency from Fixed Charge b/d                                                     762,669.72

 Operation & Maintenance Contracts                                                            940,904.11
 Work in Progress (Note 1)                                            6,258,454.90                      Ni

Trade Recewables                                                         67,402.03             53,921.62
VAT Refund                                                               79,693.02             77,107.02

 Receivable Wymeswold Farm EPC Escrow 10%                             2,990,370.00          2,990,370.00

Recervable Wymeswold Farm Retentions                                    745,000.00                      Nil

Recelvable Ayshford EPC Escrow 5%                                       295,257.60            295,257.60
Receivable Ayshford Retentions                                          153,000.00                      Ni

Deferred Income                                                             169.00                      Nit

Trade Recelvables Ford Farm (Note 1)                                  1,253,692.45                      Nil

Intercompany Loan to Ford Farm (Note 1)                                  §1,052.29                      Nil

Intercompany Loan to S.A.G. Solarstrom AG                                57,925.80                      Nu

Cash at Bank                                                             12,519.74              6,600.00


Estimated tota! assets available for preferential creditors                               5,126,830.07




Signature Lh                      Lawn                        pate OF, APL               iy
Note 1: he bt P, trade receivable and intercompany loan all relate to Ford Farm and are assumed to be
realised or compromised as part of the sale of the Company's Membership Rights in Ford Farm PV Scheme
LPP.
A1 — Summary of Liabilities


                                                                                               Estimated to
                                                                                                  Realise
                                                                                                      £
                                                                                         £
                                                                          E                     S,126,830.07
Uabilittes
        Preferental creditors:- arrears of wages and holiday pay                    Nil                       Nil

Estimated deficlency/surpius as regards preferential creditors                           &
                                                                          E
Estimated prescribed part of net property where applicable (to carry                Nil
forward) (Note 2)                                                                                             Nil

Estimated total assets available for floating charge holders                             £
                                                                          E
Debts secured by floating charges (Note 2)                                          Nil                       Nil

Estimated deficiency/surplus of assets after floating charges                            £
                                                                          £
Estimated prescribed part of net property where applicable (brought                 Nil
down) (Note 2)                                                                                                Nil

Tota! assets available to unsecured creditors                                            £|     5,126,830.07
                                                                          £
Unsecured non-preferential daims:
 Employees - Notice Pay                                                                             (6,250.00)
 Uabilities — Trade and Expense Creditors                                                       (1,567,658.07)
 Other Liabilitres                                                                              (1,052,317.98)
 Trade Payables — S.A.G. Solarstrom AG (Parent)                                                 (2,270,301.22)
 Trade Payables — Other S.A.G. group companies                                                    (198,761.01)
 Loans Payable — S.A.G. Solarstrom AG (Parent)                                                  (1,340,487.43)
 Estimated deficiency after floating charge where applicable (Note 2)                                       Nu

                                                                                              (6,435,775.71)

Estimated deficiency/surplus as regards creditors                                    £ | (1,308,945.63)
                                                                          E
Issued and called up capital — One £1 Ordinary Share                            (1.00)
                                                                                                          (1.00)
Estimated tota! deficlency/surplus as regards members                                &
                                                                                              (1,308,946.63)




some fl                         awn                                bate       A. pa L toly
Note 2: N/A the Company has granted no floating charges.
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