EANS-News: PNE WIND AG reports financial results for the first nine months of 2009

• Significant growth in operations
• EBIT of 5.1 million euro
generated
• Start of construction with three wind farm projects
after the end of the third quarter

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quarterly report

Subtitle: • Significant growth in operations • EBIT of 5.1 million
euro generated • Start of construction with three wind farm projects
after the end of the third quarter

Cuxhaven (euro adhoc) - Cuxhaven, 9 November 2009 - PNE WIND AG
(ISIN: DE000A0JBPG2), the wind farm developer, continued its growth
during the first nine months of this fiscal year. Compared to the
same period of the previous year, the total aggregate output was
increased by 22.5% to 100.2 million euro from 81.8 million euro. This
sharp increase was due to the high number of completed wind farms: so
far, the company has successfully completed eight projects with a
total installed nominal output of 119.8 MW in 2009.

During the first nine months of this fiscal year, PNE WIND AG
achieved a result of operations (EBIT) amounting to 5.1 million euro
(previous year: 24.1 million euro; including the EBIT from the sale
of the share in SSP Technology A/S of 26 million euro). Taking into
account the special effect in the previous year, the result of
operations obtained in the first three quarters of 2009 underlines
the positive business development and shows a strong increase of the
operating income in comparison to the previous year. All in all, the
consolidated profit as of 30 September 2009 amounts to approximately
1.3 million euro following 18.8 million euro in the previous year.
This corresponds to an undiluted result per share of 0.03 euro
(previous year: 0.46 euro).

Martin Billhardt, Chairman of the Board of Management of PNE WIND AG,
says about the business development: "We made operating progress in
all business segments. We were able to significantly extend our wind
farm project planning core business both nationally and
internationally, on land (onshore) and at high sea (offshore)." With
respect to the further course of the year, Billhardt is confident:
"PNE WIND AG has started the construction of three additional onshore
wind farms with a future nominal output of 18 MW in the fourth
quarter, and our project pipeline continues to be well fed. Thus, we
still have wind in our sails." Therefore, the Board of Management
confirms the forecast published for this fiscal year, according to
which an EBIT in the range of 5 to 7 million euro is expected.

For a comprehensive overview of the financial results of PNE WIND AG,
please refer to the nine months´ report 2009, which has been
published today and is available under www.pnewind.com in the
Investor Relations area.

Company profile

PNE WIND AG with its headquarters in Cuxhaven plans and implements
wind farm projects on land (onshore) and at high sea (offshore). Its
core competence is the development, planning, implementation and
financing of wind farms and their operation or sale including
subsequent service. So far, the company has set up 92 wind farms with
535 wind energy systems and a total nominal output of 770 MW.

Alongside its business activities in the established German home
market, PNE WIND AG is also increasingly investing in dynamic growth
markets and has representations via joint ventures in Hungary,
Bulgaria, Turkey, the UK, Ireland, Rumania and Canada. Wind farm
projects with a nominal output of up to 1,400 MW are currently being
processed in these countries and are to be implemented in the medium
term. In addition, a subsidiary has been founded in the USA. In
Germany (onshore), wind farm projects with a nominal output of more
than 300 MW are currently being processed.

Furthermore, PNE WIND AG develops offshore wind farm projects, three
of which have already been approved in German waters. Entering
promising foreign markets is also being examined for the offshore
area

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

Public Relations

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: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
Hannover / free trade
München / free trade