EANS-News: PNE WIND AG: Changes in the Supervisory Board

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Company Information/Changes in the Supervisory Board

Cuxhaven (euro adhoc) - August 16, 2010 - PNE WIND AG today announced
two changes in the Supervisory Board. The members of the Supervisory
Board Mr Horst Kunkel and Mr Alfred Mehrtens will resign from their
offices with effect from August 31, 2010. Upon a decision of the
Tostedt District Court of August 11, 2010, Mr Alain Huberty and Mr
Jacquot Schwertzer were appointed as new Supervisory Board members
with effect from September 1, 2010 at the request of the Board of
Management with the consent of the Supervisory Board. Both men are
members of the Management Committee and Mr Alain Huberty is also
Executive Director and General Secretary of Luxempart S.A., which
subscribed for partial debentures of a convertible loan issued by PNE
WIND AG at a volume of EUR 16.87 million and for shares from a
capital increase from authorised capital. Following conversion of the
debentures and as a result of the shares held by it, Luxempart S.A.
would have a stake of approx. 15% in PNE WIND AG, thus being the
largest single shareholder in the Company. As the managers of this
successful investment company listed on the Luxembourg Stock Exchange
both representatives of Luxempart S.A. will contribute substantial
business management know-how to the Supervisory Board. Mr Mehrtens
has been a member of the Supervisory Board since May 14, 2004, and Mr
Horst Kunkel since May 26, 2005. Both retiring members have made
significant contributions to the Company´s successful restructuring,
which was started in 2004, and to the continuous growth of PNE WIND
AG since then. The Board of Management and the Supervisory Board
thank Mr Kunkel and Mr Mehrtens for their long-standing commitment to
PNE WIND AG and look forward to working with their successors Mr
Huberty and Mr Schwertzer.

Company profile

PNE WIND AG with its headquarters in Cuxhaven develops 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 95 wind farms with
544 wind energy systems and a total nominal output of 788 MW.

Alongside its business activities in the established German home
market, PNE WIND AG is also increasingly investing in dynamic growth
markets and has subsidiaries and representations via joint ventures
in Hungary, Bulgaria, Romania, Turkey, the UK, USA and Canada. Wind
farm projects with a nominal output of about 5,500 MW are currently
being processed in these countries and are to be implemented in the
medium term. In Germany (onshore) currently wind farm projects with a
nominal output of more than 900 MW are 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

Press and 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 / Alexandra Edinger

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, Technology 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