EANS-News: PNE WIND AG: Annual General Meeting resolves payment of a dividend

• Dividend payment of EUR 0.04 per share
• Dividend payout confirms
the company’s positive business development

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Dividend Announcements/Distribution

Subtitle: • Dividend payment of EUR 0.04 per share • Dividend payout
confirms the company’s positive business development

Cuxhaven (euro adhoc) - 19th May 2011 - This year, the shareholders
of the project developer, PNE WIND AG (ISIN DE000A0JBPG2), will
receive a dividend amounting to EUR 0.04 per qualifying share. This
resolution has now been passed by the Annual General Meeting, which
thus approved the proposal of the Board of Directors and the
Supervisory Board.

The company was able to record a significantly positive result for
the financial year 2010. The balance sheet profit reported in PNE
WIND AGs annual accounts in 2010 (according to HGB - German
Commercial Code) was EUR 4.1 million. About EUR 2.3 million of this
will be carried forward. About EUR 1.8 million - at 45,775,826 shares
eligible for dividend - will be distributed as a dividend to the
shareholders in accordance with the majority resolution.

"This positive result endorses our strategy for growth through the
expansion of our core business project development of national and
international on- and offshore wind farms. In the past financial year
we have made particularly great progress due to our intensified
activities in offshore wind farms and our expansion into dynamic
growth markets. We would also like our shareholders to participate
appropriately in this positive company development", said Martin
Billhardt, CEO of PNE WIND AG.

The Annual General Meeting also approved all other resolutions
including the re-election of the past Supervisory Board members with
a majority of over 90% in each case.

The exact results of the voting are available on the company´s web
page at www.pne.de under the Investor Relations section.

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 97 wind farms with
563 wind energy systems and a total nominal output of 804 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 3,725 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 around 1.170 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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company: PNE WIND AG
Peter-Henlein-Str. 2-4
D-27472 Cuxhaven
phone: +49(0)4721 718 06
FAX: +49(0)4721 718 373
mail: info@pnewind.com
WWW: http://www.pnewind.com
sector: Alternative energy
ISIN: DE000A0JBPG2, DE000A0B9VG7 DE000A0Z1MR2 DE000A1EMCW3 DE000A1KRJ27
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

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

Further inquiry note:

PNE WIND AG
Press, Public and Investor 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 - 205855-16
Fax: +49(0)611 - 205855-66
E-mail: edinger@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