REpower delivers six 5M turbines for the first Belgian offshore wind farm ?Thornton Bank?

- Conclusion of contract today in Oostende/Belgium
- Investment volume amounts to EUR 153.0 million

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Hamburg (euro adhoc) - Hamburg, 23 May 2007. REpower Systems AG (WKN
617703) will erect six wind energy turbines of the type REpower 5M
for "Thornton Bank", the first offshore wind farm in Belgium. The
German manufacturer of wind energy turbines undertakes to deliver all
in all 30 megawatts (MW) for the first of altogether three
construction phases of the offshore wind farm which will cover a
total capacity of 300 MW and is to be established in a water depth of
25 metres at about 30 kilometres off the Belgian coast. Contractual
partner is the Belgian company C-Power. Investment volume for the
first construction phase adds up to EUR 153.0 million. The project is
considered to be another crucial step for the promotion of offshore
wind energy in European waters and involves amongst others the French
group EDF Energies Nouvelles. REpower and this utility had already
committed themselves within the scope of a framework agreement
covering several major onshore projects.

The contract was concluded today in Oostende/Belgium in the presence
of, among others, the former Belgian Vice Prime Minister Mr. Johan
Vande Lanote. Afterwards, Prof. Fritz Vahrenholt, Chairman of the
Management Board of REpower Systems AG, stated: "Two and a half years
after the onshore erection of the 5M prototype and almost one year
after the first installation of a 5M turbine offshore, this is
another important day for REpower - this time with regard to the
large-scale production of turbines." He adds, "This is one of the
first commercial offshore wind farms in Europe. The high share in
debt financing is reflecting the great confidence in REpower´s
reliable technology. The further expansion of offshore wind energy in
Europe can no longer be contained."

For the first time, a so-called gravity-based foundation will be used
for each of the six 5M wind energy turbines. "Contrary to the
latticed jacket structure anchored with four piles in the seabed
which was used for our first offshore turbine of the Scottish project
Beatrice, the ballast concrete structure in Thornton Bank puts us in
a position to use another type of foundation", explains Dr. Martin
Skiba, Head of the Offshore Business Unit at REpower.

The assembly of the six turbines is scheduled from the beginning of
next year in the new 5M production facility in Bremerhaven. REpower
intents to accomplish the erection and commissioning of the turbines
in the North Sea by end of September 2008.

end of announcement euro adhoc 23.05.2007 11:25:00
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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
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