euro adhoc: REpower Systems AG / Joint Ventures/Cooperation/Collaboration / REpower starts co-operation in India

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

14.09.2006

- License agreement with Indian Essar group

- Joint Venture planned for 2007

Mumbai/Hamburg, 14 September 2006. REpower Systems AG (Prime
Standard, WKN 617703) will sign a license agreement with the Essar
group, one of India's leading industrial conglomerates. The
signing ceremony is expected to take place tomorrow. REpower
with its reliable 1.5 megawatt technology REpower MD will thus be
represented on the growing Indian wind energy market. Furthermore,
the partners intend to form a joint venture which is to produce also
REpower's 2.0 megawatt turbines in 2007.

After REpower announced its imminent market entry in the US and the
conclusion of a joint venture contract in China, it will hereby enter
into the vast Indian wind energy market. The contract territory of
the planned joint venture "Essar REpower India" shall moreover
cover potential markets in Malaysia, Thailand and Vietnam. REpower
again managed to secure a controlling interest in the joint
venture just as in the recently established "REpower North (China)
Ltd".

India with approx. 4,250 megawatts of totally installed wind power
capacity is today the largest market in Asia and ranks No. 4 in the
world. Essar's newly founded subsidiary "Essar Wind Farms" plans to
realise windfarm projects with a total rated power of at least 300
megawatts until 2010.

The Essar group is one of India's largest corporations and is
amongst others involved in industries like steel production,
construction and power generation. Besides towers specially
developed for using Essar's steelplates grade, REpower and Essar
also plan to co-operate on 37m blades designed by REpower. The
parties furthermore examine possibilities to build up a local
gearbox supply.

end of announcement euro adhoc 14.09.2006 14:30:28
--------------------------------------------------------------------------------

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

Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: t.schnorrenberg@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: Prime All Share, CDAX, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade