EANS-Adhoc: PNE WIND AG receives more than 10 mill. Euro from convertible bond and increase in capital

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Company Information

10.07.2009

Cuxhaven, July 10, 2009 - The increase in capital offered by PNE WIND
AG (ISIN: DE000A0JBPG2) has been placed in a volume of 3,250,000
shares. The also offered convertible bond was subscribed in a volume
of 3,850,000 Euro. Due to the placement of the increase in capital
and the convertible bond, PNE WIND AG will obtain an issue revenue of
more than 10 million Euro altogether. Due to the increase in capital,
the share capital of the company increases to 44,524,966 Euro. The
new shares were offered to the existing shareholders of the company
with subscription rights. Shares not subscribed to by these
shareholders were applied for by selected investors in the context of
a private placement.

The accrued funds are to be used for financing further growth of the
internationally operating PNE WIND AG. With these capital measures,
the company has created additional leeway for accelerating the
development and financing of wind-farm projects in Germany and abroad
on land (onshore) and at high sea (offshore). The company was
accompanied in these capital measures by the Close Brothers Seydler
Bank AG.

end of ad-hoc-announcement ==========================================
====================================== Explanatory text:

Martin Billhardt, Chairman of the Board of PNE WIND AG, regards the
placement of the capital measures as a conformation for the company:
“We were able to convince the investors of the future prospects of
PNE WIND AG, in spite of the difficult situation of capital markets.”
The Board of Directors considers the company’s competitive position
to be significantly stronger, since the expansion course already
started is to be accelerated with the aid of the additional funds.
“We already are active on nine foreign markets today; just recently,
we entered to Canada with a joint venture”, Martin Billhardt explains
the growth strategy. “We will continue on this path and resolutely
use existing market opportunities."

According to PNE WIND AG, wind-farm projects for
environmentally-friendly power generation will continue to be
attractive investments despite the current economic conditions. This
assessment is underlined by current branch studies, which forecast
new installations world-wide with an output of 82 GW per year for
2020. The analyses expect global turnover potential for the industry
in the region of 82.5 billion euros per year. In the long term, the
wind market thus will increasingly profit from the growing scarcity
of fossil energy sources as well as the necessity of reducing CO2
emissions due to the climate change.

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

Further inquiry note:

PNE WIND AG

Presse- und Öffentlichkeitsarbeit

Rainer Heinsohn

Tel: +49(0) 47 21 - 7 18 - 4 53

Fax: +49(0) 47 21 - 7 18 - 3 73

E-mail: info@pnewind.com

Investor Relations

cometis AG

Ulrich Wiehle / Dirk Stauer

Tel: +49(0)611 - 205855-11

Fax: +49(0)611 - 205855-66

E-mail: wiehle@cometis.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Hamburg / Open Market
Stuttgart / Open Market
Hannover / Open Market
München / Open Market
Frankfurt / regulated dealing/prime standard
Berlin / free trade
Düsseldorf / free trade