Nordex achieving a record year in 2008

• Rise in annual sales to EUR 1,136 (747) million
• 58% increase in
EBIT to EUR 63 (40) million
• CEO Richterich: “We expect continued
sales growth in a diffi-cult market in 2009”

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balance/Fiscal year 2008

Norderstedt (euro adhoc) - According to preliminary calculations, the
Nordex Group (ISIN: DE000A0D6554) posted a 52% increase in full-year
sales to roughly EUR 1.136 billion in 2008 (previous year: EUR 747
million). This growth was driven by export business in the UK, Italy
and China. In terms of sales volumes, Nordex outpaced the market as a
whole (26%) in 2008 for the fourth consecutive year, achieving an
increase of around 60% in new installed capacity. At the Group level,
turbine assembly and rotor blade output increased by over 40% and
55%, respectively. In this connection, production activities in China
are increasingly growing in significance, with the two Chinese
facilities doubling their share of total output.

Thanks to the heightened profitability of the projects completed,
earnings before interest and taxes (EBIT) rose by 58% to EUR 63.0
(40.1) million, thus achieved the forecast range (EUR 60 - 66
million). Earnings before taxes (EBT) climbed by 64% to EUR 64.0
(39.1) million. After capital spending of around EUR 76 million, cash
and cash equivalents were valued at EUR 112 million as of the balance
sheet date (December 31, 2008). The tax rate rose to 23%. Net profit
for the year came to EUR 50 million.

Order books increased in value from EUR 2.9 billion to EUR 3.0
billion. In the wake of the financial market crisis, the value of
firm orders dropped from EUR 1,022 million to EUR 824 million; on the
other hand, however, contingent orders (master contracts) rose by 17%
to EUR 2,220 (1,881) million. In the second half of 2008 in
particular, credit volumes for customer projects contracted despite
the continued strong demand.

"In the current difficult market conditions, we expect sales volumes
in our sector to remain flat as a whole. Despite this, Nordex is
confident of being able to further increase its sales in 2009," said
Thomas Richterich, CEO of Nordex AG.

The Management Board will be presenting the full annual financial
statements and a detailed outlook for the current year at the annual
press conference on April 21, 2009 in Hannover.

end of announcement euro adhoc
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ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Ralf Peters

Head of Corporate Communication

Tel.: +49 (0)40 300 30 15 22

rpeters@nordex-online.com

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: TecDAX, CDAX, HDAX, Prime All Share, Technologie All Share,
ÖkoDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade