Letter to the XsunX Shareholders June 24, 2008
Date: 6/24/2008


Letter to XsunX Shareholders Providing Mid-Year Update to Business Development and Multi- Megawatt Thin Film Solar Module Factory Initiative

We would like to start this letter by thanking you, our shareholders and clients, for your continued interest and support in XsunX.  The focus of this mid-year update is to provide you with a review of the progress associated with our efforts to build and operate our first 25 mega watts (“MW”) of thin film photovoltaic (TFPV) manufacturing capacities, and some comparison observations to other solar technologies and module designs.


A Brief Recap


Our business initiative to build TFPV manufacturing capabilities was first announced in March 2007 and in just a little over one year we have;