ECD Extends Filing Annual Report

October 6, 2003 [] Energy Conversion Devices, Inc. announced that it is filing a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission. The filing of the Form 12b-25 extends the due date for the filing of ECD’s Annual Report on Form 10-K for a period of 15 calendar days. ECD’s completion of its annual financial statements and the audit of such consolidated financial statements by its independent auditors, Deloitte & Touche LLP, are being delayed pending the completion and accounting analyses of ECD’s purchase accounting for the May 2003 transaction in which ECD acquired from N.V. Bekaert S.A. and its related companies (Bekaert) the interests previously owned by Bekaert in United Solar Ovonic Corp. and United Solar Ovonic LLC.
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