ThinkEquity Partners LLC

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ThinkPanmure manages $55m float of Real Goods Solar


SAN FRANCISCO — May 9, 2008 — ThinkPanmure, LLC, the research-centric institutional investment bank focused on the growth economy, has acted as book-running lead manager on the $55m IPO of residential solar energy integration company, Real Goods Solar, Inc.

At a price of $10.00, a total of 5.5m shares were sold. The shares are listed on NASDAQ.

Tim Linacre, Panmure Gordon group chief executive, said: "This is an excellent IPO for the Group. It demonstrates the quality of our US franchise and the strength of its Greentech investment banking team."

Deborah Quazzo, ThinkPanmure head of investment banking, said: "In difficult markets, this is one of the few successful tech-based IPOs to get away this year. Demand was strong and the IPO closed oversubscribed. A significant feature of its success was strong European interest. We were able to leverage the investment banking and sales expertise of our staff in the US, London and at Quaker Securities, ThinkPanmure's wholly owned representative office in Nyon, Switzerland.

"The IPO further proves that there is investor appetite for high quality, greentech enterprises with a proven track-record. Real Goods Solar has 30 years experience in residential solar energy and I am delighted ThinkPanmure was chosen to lead its listing," she said.

The IPO was co-managed by Canaccord Adams, Inc., and Broadpoint.

Further information:

US:
Deborah Quazzo, Head of Investment Banking, ThinkPanmure LLC
Tel: +1 312 201 3101

UK:
Nathaniel Webb, Global Communications Manager, Panmure Gordon & Co
Tel: +44 (0)20 7614 8333

About ThinkPanmure LLC
ThinkPanmure LLC is a leading growth-company focused investment bank headquartered in San Francisco. Research-led and employing approximately 180 finance professionals in offices in San Francisco, New York, Boston, Minneapolis, Chicago and Geneva, the firm is now part of the Panmure Gordon Group. www.thinkpanmure.com

About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co (PMR.L) is a leading independent mid-cap investment bank based in London. Encompassing its US franchise, ThinkPanmure LLC, the Group employs approximately 300 professionals across the US and the UK, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com

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