This Agreement is made by and among the China Development Bank (hereinafter referred to as “PartyA”), Mr. Xiaofeng Peng (hereinafter referred to as “Party B”) and Mr. Shan Zhou (hereinafterreferred to as “Party C”),WHEREAS,1. Party A and Jiangxi LDK Solar Hi-Tech Co., Ltd. (hereinafter referred to as “Jiangxi LDK”)entered into a loan agreement (hereinafter referred to as the “Loan Agreement”), pursuant towhich Party A undertook to lend to Jiangxi LDK loans in the aggregate principal amount ofUS$60 million (hereinafter referred to as the “Loan”) for a term of 5 years (i.e. April 28, 2008 to April 27, 2013). 2. Party B and Party C (collectively, the “Guarantors”) have agreed to guarantee the obligationsof Jiangxi LDK under the Loan Agreement and be jointly and severally liable for repayment ofthe Loan with their personal properties and community properties in the event of default byJiangxi LDK under the Loan Agreement. 3. The scope of the guarantee hereunder shall include any principal amounts outstanding,interests accrued, damages caused and expenses associated with the realization of Party A’srights under the Loan Agreement. 4. If Jiangxi LDK defaults, Party A is entitled to demand remedies from any of the Guarantorsdirectly and the Guarantors shall pay on behalf of Jiangxi LDK within 30 days upon receivingof request from Party A. 5. The term of the guarantee hereunder shall extend until two years after the due date of eachobligation under the Loan Agreement. 6. The Guarantors shall have the following obligations during the term of the guarantee: a) if there are any material changes in relation to the Guarantors’ residences or businessstatus, the Guarantors shall inform Party A in writing 10 days in advance and providerelevant information for Party A’s records;  b) the Guarantors shall inform Party A immediately regarding any matters which may affectthe Guarantors’ ability to perform their guarantee obligations under this Agreement;  c) if the Guarantors need to change their nationality or apply for permanent residencyoverseas, they shall obtain Party A’s consent and consult with Party A before they proceed;  d) the Guarantors shall not dispose or encumber any material assets in any manner withoutParty A’s consents, including but not limited to, mortgage, lien, pledge, gift or transferto others;  e) the Guarantors shall not provide guarantees or any form of credit support for otherthird parties without Party A’s consent;
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 f) the Guarantors shall perform their duties and obligations as major shareholders of therelevant corporations;  g) the Guarantors shall not take any action or sign any documents which would harm PartyA’s interests; and  h) the Guarantors shall obtain Party A’s consent if they are to incur substantial amountof debt.7. The parties shall resolve all disputes arising from or in connection with this Agreementthrough consultation. If the parties cannot reach an agreement through such consultations,both parties agree to submit the disputes to the people’s court where Party A’s branch officesits. 8. This Agreement shall become effective upon signing by the respective parties and fixinghereunto the respective corporate chops. This Agreement is made in three original copies andeach party shall keep one copy hereof.Party AChina Development BankChina Development Bank (sealed) Party BXiaofeng PengXiaofeng Peng(sealed) Party CShan ZhouShan Zhou(sealed) Date: April 23, 2008Exhibit:Table of the properties of Guarantors (natural persons)
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