Nordex extending local production in China

New Rotor blade production / total investment of EUR 20 million

--------------------------------------------------------------------------------
ots-CorporateNews transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Nordex AG is continuing to invest in extensions to its production
capacity. Currently the company is building a rotor blade production
facility worth around EUR 20 million in Dongying, in the east of the
People’s Republic of China. Thanks to the direct access to the sea
port, this location is ideally suited for the shipment of large
components and the import of commodities. Initially, Nordex will be
producing rotor blades for turbines in the 1.5 megawatt (MW) class.
These blades measure up to 37.5 meters in length and weigh around 5.8
tons each.

Together with two regional utilities, Nordex started work on building
assembly facilities for 1.5 MW turbines in the spring. The Company is
also preparing similar partnerships in other provinces, which will
then source their rotor blades from the Dongying facility. Series
production is to be ramped up as early as in January 2007, with
output in the first year of operation planned to comprise 225 blades
for 75 turbines (110 MW).

With an area of 8,400 square meters, the facility in Dongying will
reach full output in the late summer of 2007. Assuming that
everything goes ahead as planned, capacity is to be doubled again
provided that this is justified by demand. With a total area of
90,000 square meters, there is sufficient space for this. During this
phase, output could then be increased to around 400 MW. The total
investment budget for the site stands at EUR 20 million, with around
EUR 10 million earmarked for the first phase.

Nordex has been producing rotor blades in Germany since 1999. A year
ago, the company established its first blade production facility in
China for a smaller series. Nordex expects further growth in demand
in China in particular. However, business from China is tied to the
condition of a local content level of 70 percent. Nordex already
exports around 80 percent of its output and plans to grow by around
50 percent per year between now and 2008.

end of announcement euro adhoc 24.08.2006 09:00:00
--------------------------------------------------------------------------------

* please note the retention period *

ots Originaltext: Nordex AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Ralf Peters
Tel.: +49 (0)40 50098 522
rpeters@nordex-online.com

Branche: Alternative energy
ISIN: DE000A0D6554
WKN: A0D655
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade