EXHIBIT 99.1

UNITED STATES BANKRUPTCY COURT

FOR THE EASTERN DISTRICT OF MICHIGAN

TRANSMITTAL OF FINANCIAL REPORTS AND

CERTIFICATION OF COMPLIANCE WITH

UNITED STATES TRUSTEE OPERATING REQUIREMENTS FOR

THE PERIOD ENDED: July 31, 2012


In re:	Energy Conversion Devices, Inc.	Case Number: 12-43166

		Chapter 11

		Judge: Hon. Thomas J. Tucker

	Debtor.

Energy Conversion Devices, Inc./

As debtor in possession, I affirm:

That I have reviewed the financial statements attached hereto, consisting of:


		Operating Statement		(Form 2)
		Balance Sheet		(Form 3)
		Summary of Operations		(Form 4)
		Monthly Cash Statement		(Form 5)
		Statement of Compensation		(Form 6)
		Schedule of In-Force Insurance		(Form 7)

And that they have been prepared in accordance with normal and customary accounting practices, and fairly and accurately reflect the debtor’s financial activity for the period stated:

That the insurance, including workers’ compensation and unemployment insurance, as described in Section 5 of the Operating Instructions and Reporting Requirements For Chapter 11 Cases, is in effect; and

(If not, attach a written explanation) YES x NO ¨

That all post-petition taxes as described in Section 9 of the Operating Instructions and Reporting Requirements For Chapter 11 Cases are current.

(If not, attach a written explanation) YES x NO ¨

No professional fees (attorney, accountant, etc.) have been paid without specific court authorization.

(If not, attach a written explanation) YES x NO ¨

All United States Trustee Quarterly fees have been paid and are current.

YES x NO ¨

Have you filed your pre-petition tax returns?

(If not, attach a written explanation) YES ¨ NO x

The Debtors have not filed their Michigan Business Tax (“MBT”) returns for fiscal 2010 and 2011. The Debtors are awaiting MEGA credit certificates to be issued by the Michigan Economic Development Corporation (“MEDC”) for these years. These certificates must be attached to the Debtors’ MBT returns to receive the credits. With these certificates. the Debtors anticipate refunds on their MBT tax returns. The Debtors have been informed that the MEDC is currently auditing the Debtors’ application for the MEGA credits and have everything necessary to complete these audits.

I hereby certify, under penalty of perjury, that the information provided above and in the attached documents is true and correct to the best of my information and belief.



Dated: August 20. 2012	Energy Conversion Devices, Inc.
	Debtor in Possession

	/s/ Gregory G. Coppola
	Title:	Gregory G. Coppola
		Sr. V.P.-Finance & Treasurer Phone: 248-687-7835

Form 1

OPERATING STATEMENT (P&L)⁽¹⁾

Period Ending: July 31, 2012

Case No: 12-43166


	Current Month			Total Since Filing
Total Revenue	$	—		$	—
Cost of Sales	$	—		$	—

GROSS PROFIT		—			—

EXPENSES:
Officer Compensation		22,707			387,823
Salary/Wage Expenses		70,142			598,381
Employee Benefits & Pensions		29,220			152,040
Payroll Taxes		7,489			83,371
Other Taxes		3,454			38,954
Rent and Lease Expense		41,500			220,362
Interest Expense		662			6,704
Property Insurance		5,011			28,381
Other Insurance		40,623			795,619
Utilities		1,368			143,563
Depreciation		—			53,768
Travel and Entertainment		—			35,612
Repairs and Maintenance		—			2,658
Supplies		15			14,080
Other		—			986
Other Specify – Outside Services		181,211			339,348
Gain/Loss on Sale Fixed Assets		—			514,082
Other Specify – Restructuring		68,535			304,943

TOTAL EXPENSES		471,937			3,720,675

OPERATING PROFIT		(471,937	)		(3,720.675	)
Add: Non-Operating Income
Total Interest (Income)		(13,596	)		(168,186	)
Other (Income) Expense		—			(72,945	)
Less: Non-Operating Expenses
Loss on Investment in Subsidiary ⁽³⁾		—			41,001,047
Unrecoverable Interco. Receivables⁽³⁾		1,719,157			43,576,613
Professional Fees⁽²⁾		367,500			3,087,070

NET INCOME/(LOSS)	$	(2,544,998	)	$	(91,144,274	)

(1)	The operating statement and balance sheet were prepared using accrual accounting.

(2)	Professional fees include estimates and actual.

(3)	Write-off of investments in and reserve for advances to wholly owned subsidiaries.

Form 2

BALANCE SHEET

Period Ending: July 31, 2012

Case No: 12-43166


	Current Month			Prior Month			At Filing
ASSETS:
Cash and Cash Equivalents	$	125,487,794		$	127,185,156		$	94,740,784
Investments		11,541,264			11,521,961			45,522,223
Inventories, Net		—			—			—
Accounts Receivable – Intercompany – USO		805,114,891			802,246,671			792,119,291
Accounts Receivable – Interco. – SIT/CDN		41,857,455			41,857,455			41,840,029
Accounts Receivable – Intercompany Reserve		(41,857,455	)		(41,875.455	)		—
Secured Notes – Subsidiaries		5,000,000			6,719,157			6,719,157
Accounts Receivable Trade – Net		367,271			406,882			457,813
Land and Buildings		—			1,134,631			1,525,568
Furniture, Fixtures & Equipment		—			1,473,406			1,496,960
Accumulated Depreciation		—			(2,608,038	)		(2,563,233	)
Restricted Cash		—			—			—
Prepaid		429,966			479,568			1,760,717
Deposits + Holdbacks		4,072,529			4,072,529			5,769,009
Investment in Subsidiaries		—			—			41,001,047
Other Assets		3,599,060			3,850,681			5,069,863

TOTAL ASSETS	$	955,612,775		$	956,482,605		$	1,035,459,227

LIABILITIES:
Post-petition Liabilities:
Accounts Payable Trade – Net	$	482,923		$	857,917		$	—
Accounts Payable Intercompany USO		—			—			—
Accounts Payable Intercompany SIT		—			—			—
Warranty		—			—			—
Other Liabilities		65,815			(2,720	)		—
Convertible Senior Notes		—			—			—
Accrued Salaries and Wages		9,513			(997	)		—
Accrued Taxes		12,736			12,345			—
Accrued Other		98,138			98,418			—

TOTAL Post-petition Liabilities		669,125			964,962			—
Secured Liabilities:
Secured Accounts Payable		—			—			—
Pre-petition Liabilities:
Accounts Payable Trade – Net		953,622			953,622			953,622
Accounts Payable Intercompany USO		—			—			—
Accounts Payable Intercompany SIT		—			—			—
Accounts Payable Unsecured Liabilities		—			—			—
Warranty		—			—			—
Other Liabilities		2,581,850			2,581,850			2,581,850
Convertible Senior Notes		248,264,513			246,962,546			241,220,038
Accrued Salaries and Wages		168,112			168,112			168,112
Accrued Taxes		91,151			91,151			91,151
Accrued Other		6,185,931			5,528,048			2,533,542

TOTAL Pre-petition Liabilities		258,245,179			256,285,329			247,548,315

TOTAL LIABILITIES		258,914,304			257,250,291			247,548,315
EQUITY:
Owners Capital		(313,528	)		(313,528	)		(310,256	)
Additional Paid-In-Capital		1,106,438,770			1,106,438,770			1,106,438,770
Retained Earnings – Pre Petition + OCI		(318,282,497	)		(318,293,652	)		(318,217,602	)
Retained Earnings – Post Petition		(91,144,274	)		(88,599,277	)		—

TOTAL EQUITY		696,698,471			699,232,314			787,910,912

TOTAL LIABILITIES AND EQUITY	$	955,612,775		$	956,482,605		$	1,035,459,227

Form 3

SUMMARY OF OPERATIONS

Period Ended: July 31, 2012

Case No: 12-43166

Schedule of Post-petition Taxes Payable


	Beginning Balance		Accrued/ Withheld		Payments/ Deposits		Ending Balance
Income Taxes Withheld
Federal	$	—	$	17,907.75	$	17,907.75	$	—
State		—		4,348.64		4,348.64		—
Local		—		—		—		—
FICA Withheld		—		4,867.14		4,867.14		—
Employers FICA		—		6,439.66		6,439.66		—
Unemployment Tax
Federal		—		—		—		—
State		—		—		—		—
Sales, Use & Excise Taxes		—		—		—		—
Property Taxes		12,345.00		391.00		—		12,736.00
Workers’ Compensation ⁽¹⁾		—		—		—		—
Other		—		—		—		—

TOTALS	$	12,345.00	$	33,954.19	$	33,563.19	$	12,736.00

(1)	Fully insured.

AGING OF ACCOUNTS RECEIVABLE

AND POST-PETITION ACCOUNTS PAYABLE


Age in Days	0-30		31-60		Over 60
Post Petition
Accounts Payable	$	114,960	$	126,157	$	241,806
Accounts Receivable	$	—	$	—	$	367,271

For all post-petition accounts payable over 30 days old, please attach a sheet listing each such account, to whom the account is owed, the date the account was opened, and the reason for non-payment of the account.

Describe events or factors occurring during this reporting period materially affecting operations and formulation of a Plan of Reorganization: None

Form 4

MONTHLY CASH STATEMENT

Period Ending: July 31, 2012


Cash Activity Analysis (Cash Basis Only):		Case No: 12-43166


		General Account		Money Market Account
A.	Beginning Balance	$	1,763,065.13	$	125,573,493.03

B.	Receipts		1,093,451.22		5,447.28

	(Attach separate schedule)
C.	Balance Available		2,856,516.35		125,578,940.31
	(A+B)
D.	Less Disbursements		2,113,793.21		1,000,000.00

	(Attach separate schedule)
E.	ENDING BALANCE	$	742,723.14	$	124,578,940.31
	(C-D)

ATTENTION: Please enter the TOTAL DISBURSEMENT from all your accounts, including cash and excluding transfers, onto the line below. This is the number that will determine your quarterly fee payment: $2,113,793.21

(PLEASE ATTACH COPIES OF MOST RECENT RECONCILED BANK STATEMENTS FROM EACH ACCOUNT)

General Account:


1.	Depository Name & Location	JP Morgan Chase Bank, N.A. (MI); Detroit, Michigan
2.	Account Number

Money market Account:


1.	Depository Name & Location	JP Morgan Chase Bank, N.A. (MI); Detroit, Michigan
2.	Account Number

Other monies on hand (specify type and location) i.e., CD’s, bonds, etc.):

UBS Financial Services, Inc., Chicago, IL. – Investment account – CP75515 – corporate notes/bonds, paper; and money market funds – $ 11,583,580.00

Date: 8/20/2012

Energy Conversion Devices, Inc.

Debtor in Possession

Form 5

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Julian Hawkins, President, CEO and Director	Capacity:	¨	Shareholder
			x	Officer
			x	Director
			x	Insider

Detailed Description of Duties:

•

Provides leadership to the business through the restructuring and sale process, focusing on the solar business

•

Serves as a member of the Board of Directors

•

Expand sales through supplier and customer base interaction

Current Compensation Paid ⁽¹⁾ :

Weekly

Monthly

—

Current Benefits Paid ⁽¹⁾:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Accidental Death & Dismemberment Life Insurance

—

Long-Term and Short-Term Disability Insurance

—

Employee Assistance Program

—

Retirement

—

Company Vehicle

—

Entertainment (Business meals)

—

Travel

—

Vacation Payout

—

Office Supplies

—

Internet/iPhone/iPad expenses

—

Conference/Seminar fee

—

Total Benefits

—

Current Other Payments Paid ⁽¹⁾:

Weekly

Monthly

Rent Paid

—

Loans

—

Moving

—

Lodging

—

Personal Car Mileage

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

—

(1)	Mr. Hawkins’ last day of employment with the company was 5/11/12. He was reimbursed expenses on 6/22/12.


Dated: August 20, 2012						Julian Hawkins

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Jay B. Knoll, Executive Vice President,	Capacity:	¨	Shareholder
	Chief Restructuring Officer and Director		x	Officer
			x	Director
			x	Insider

Detailed Description of Duties:

•

Provides leadership to the business through the restructuring, sale and bankruptcy processes

•

Serves as a member of the Board of Directors

•

Leads efforts to identify and implement cost reductions

Current Compensation Paid ⁽¹⁾:

Weekly

Monthly

—

Current Benefits Paid ⁽¹⁾:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Accidental Death & Dismemberment Insurance

—

Long-Term and Short-Term Disability Insurance

—

Employee Assistance Program

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Personal Car Mileage

—

Internet/iPhone/iPad

—

Total Benefits

—

Current Other Payments Paid ⁽¹⁾:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Telephone, Miscellaneous)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

—

(1)	Mr. Knoll’s last day of employment with the company was 6/1/12.


Dated: August 20, 2012						Jay B. Knoll

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	William C. Andrews, Executive Vice President and CFO	Capacity:	¨	Shareholder
			x	Officer
			¨	Director
			x	Insider

Detailed Description of Duties:

•

Provides financial leadership and expertise to support the bankruptcy process

•

Provides leadership and support to the business through the restructuring and sale process

•

Provides oversight to company transition from a public company (SEC, SOX, etc.)

Current Compensation Paid ⁽¹⁾:

Weekly

Monthly

22,707.23

Current Benefits Paid ⁽¹⁾:

Weekly

Monthly

Health Insurance

Life Insurance

78.91

Accidental Death & Dismemberment Insurance

10.53

Long-Term and Short-Term Disability Insurance

72.50

Employee Assistance Program

1.69

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Dues/Subscriptions

—

Personal Car Mileage

—

Internet/iPhone/iPad

—

Total Benefits

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Telephone)

102.09

Other (Describe)

36.29

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

(1)	Mr. Andrews’ last day of employment with the Company was July 7, 2012.


Dated: August 20, 2012						William C. Andrews

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Joseph P. Conroy, Executive Vice President, ECD;	Capacity:	x	Shareholder
	Senior Vice President, USO Operations		x	Officer
			¨	Director
			x	Insider

Detailed Description of Duties:

•

Provides leadership to all operations and manufacturing related activity (Auburn Hills, Greenville 1&2, Tijuana, China JV and Marcegaglia)

•

Responsible for building new equipment to support the company’s technology efforts

•

Provides leadership to all manufacturing, engineering, quality functions (ensures the production of all manufacturing products)

Current Compensation Paid ⁽¹⁾ :

Weekly

Monthly

—

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Accidental Death & Dismemberment Insurance

—

Long-Term and Short-Term Disability Insurance

—

Employee Assistance Program

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

—

(1)	Mr. Conroy is an officer of Energy Conversion Devices; however, his compensation is paid by United Solar Ovonic LLC. Mr. Conroy’s last day of employment with the company was 5/11/12.


Dated: August 20, 2012						Joseph P. Conroy

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Joseph A. Avila	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

ensuring processes are in place for maintaining the integrity and reputation of the company – the integrity of the financial statements, the integrity of compliance with law and ethics and the integrity of relationships with other company stakeholders;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid ⁽¹⁾ :

Weekly

Monthly

⁽¹⁾

19,000.00

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

19,000.00

(1)	Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash. As Chair of the Corporate Governance and Nominating Committee and the Finance Committee, Mr. Avila receives an additional $10,000, also paid quarterly in cash.


Dated: August 20, 2012						Joseph A. Avila

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Alan E. Barton	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid⁽¹⁾:

Weekly

Monthly

⁽¹⁾

18,375.00

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

18,375.00

(1)	Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash. As Chair of the Compensation Committee, Mr. Barton receives an additional $7,500, also paid quarterly in cash.


Dated: August 20, 2012						Alan E. Barton

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Robert I. Frey	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid⁽¹⁾ :

Weekly

Monthly

⁽¹⁾

16,500.00

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

16,500.00

(1)	Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash.


Dated: August 20, 2012						Robert I. Frey

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	William J. Ketelhut	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid⁽¹⁾ :

Weekly

Monthly

⁽¹⁾

19,000.00

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

19,000.00

(1)	Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash. As Chair of the Audit Committee, Mr. Ketelhut receives an additional $10,000, also paid quarterly in cash.



Dated: August 20, 2012						William J. Ketelhut

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	Stephen Rabinowitz	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid ⁽¹⁾:

Weekly

Monthly

⁽¹⁾

24,750.00

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

24,750.00

(1)	Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash. As Chairman of the Board, Mr. Rabinowitz receives an additional $50,000, of which $33,000 is paid quarterly in cash.


Dated: August 20, 2012						Stephen Rabinowitz

Form 6

MONTHLY STATEMENT OF INSIDER COMPENSATION/PAYMENTS

Period Ending: July 31, 2012

Case No: 12-43166

The following information is to be provided for each shareholder, officer, director, manager, insider, or owner that is employed by the debtor in possession. (Attach additional pages if necessary.)


Name:	George A. Schreiber, Jr.	Capacity:	x	Shareholder
			¨	Officer
			x	Director
			¨	Insider

Detailed Description of Duties:

•

reviewing, monitoring, and, where appropriate, approving fundamental financial and business strategies and major actions of the company;

•

assessing major risks facing the company, and reviewing options for their mitigation;

•

oversight of the CEO, including selecting, evaluating and compensating the CEO and overseeing CEO succession planning;

•

oversight of senior management, including providing counsel on the selection, evaluation, development and compensation of senior management.

Current Compensation Paid⁽¹⁾ :

Weekly

Monthly

⁽¹⁾

16,500.00

—

Current Benefits Paid:

Weekly

Monthly

Health Insurance

—

Life Insurance

—

Retirement

—

Company Vehicle

—

Entertainment

—

Travel

—

Other Benefits

—

Total Benefits

—

Current Other Payments Paid:

Weekly

Monthly

Rent Paid

—

Loans

—

Other (Describe)

—

Other (Describe)

—

Other (Describe)

—

Total Other Payments

—

Weekly

Monthly

CURRENT TOTAL OF ALL PAYMENTS:

16,500.00

(1)

Independent directors are paid an annual retainer of $100,000, of which $66,000 is paid quarterly in cash.



Dated: August 20, 2012						George A. Schreiber, Jr.

Form 6

SCHEDULE OF IN-FORCE INSURANCE

Period Ending: July 31, 2012

Case No: 12-43166 & 12-43167


INSURANCE TYPE	CARRIER	EXPIRATION DATE
Workers’ Compensation	Valley Forge Insurance Company	02/01/2013
Workers’ Compensation	American Casualty Company of Reading PA	02/01/2013
General Liability	American Casualty Company of Reading PA	02/01/2013
Property (1^st Layer)	Allianz Global Risk US Insurance Company	02/01/2013
Property (2^nd Layer)	Lexington Insurance Company	02/01/2013
Automobile Policy	Continental Casualty Company	02/01/2013
Umbrella Policy	Continental Casualty Company	02/01/2013
Foreign Package	Continental Casualty Company	02/01/2013
Special Risk Coverage	Great American Insurance Company	03/18/2013
Directors & Officers	Allied World National Assurance Company	09/30/2012
Directors & Officers	Illinois National Insurance Company	09/30/2012
Directors & Officers	Beazley Insurance Company, Inc. (Lloyd’s of London)	09/30/2012
Employee Practices Liability	Starr Indemnity & Liability Company	09/30/2012
Fiduciary Liability	Starr Indemnity & Liability Company	09/30/2012
Fidelity Bond	Starr Indemnity & Liability Company	09/30/2012
Primary Directors & Officers	Starr Indemnity & Liability Company	09/30/2012
ERISA Bond	Travelers Casualty and Surety Company of America	11/16/2014
Pollution Liability Coverage	Chartis Specialty Insurance	02/01/2014

Form 7

ENERGY CONVERSION DEVICES INC 8-K