EANS-News: REpower Systems AG / REpower appoints new Chief Financial Officer

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Board of Directors (Appointments and Changes)

Hamburg (euro adhoc) - Hamburg, 18 December 2009. The supervisory
board of REpower Systems AG (WKN 617703) today announced the
appointment of Mr. Derrick Noe as new Chief Financial Officer. Mr Noe
shall join the company with effect from 1st February 2010. He comes
to REpower with rich international experience in a variety of
industries, including Automotive, Retail, Industry and
Pharmaceuticals. His broad financial background includes M&A, equity
offering, post-merger acquisition and IPO, as well as Investor
Relations experience.

A US national with many years professional experience in Germany, Mr.
Noe most recently rejoined Droege International AG in Germany as
Senior Partner, where he was involved in the acquisition of Actebis
for their Equity portfolio. Before this, he worked with Pfleiderer AG
and with Kloeckner & Co AG as CFO, where he realised a successful
turnaround by cost reduction measures, changing of capital structure,
re-financing and reorganising the Head Office, before the company was
sold to a Private Equity firm. During his first stint with Droege &
Comp. as Principal, he also took on the role of interim CFO for
portfolio companies. Mr. Noe started his career with Commerzbank AG,
JP Morgan Chase and Schroeder Munchmeyer Hengst & Co, now UBS and has
been living in Germany for close to 25 years now.

Commenting on the appointment, Mr. Tulsi Tanti, chairman of the
REpower supervisory board, said, "We are very pleased to welcome
Derrick Noe to REpower´s management team. His more than 20 years´
experience as a top level operational CFO for listed companies, as
well as financial advisor and turnaround manager for several
international firms, will bring tremendous value to REpower and its
shareholders."

Commenting on his appointment Derrick Noe said, "I am delighted to be
joining REpower; poised to be a global leader in onshore and offshore
wind technology, the company plays a key role in the rapidly growing
global renewable energy market and I look forward to helping drive
that development."

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

Further inquiry note:

Daniela Puttenat

Tel.: +49(0)40 5555090-3024

E-Mail: d.puttenat@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: CDAX, Prime All Share, Technology All Share
Börsen: Berlin / Open Market
Hamburg / Open Market
Stuttgart / Open Market
Düsseldorf / Open Market
München / Open Market
Frankfurt / regulated dealing/prime standard