EANS-Adhoc: PNE WIND AG is not expecting payments from the sale of the offshore wind farm project, "Gode Wind II", until 23rd March 2012

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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Company Information

29.02.2012

Cuxhaven, 29th February 2012 - The wind farm project developer, PNE
WIND AG (ISIN: DE000A0JBPG2), has not received the first payment from
the sale of the "Gode Wind II" offshore wind farm project which was
originally scheduled for the 29th February 2012. PNE WIND AG now
expects this payment on 23rd March 2012 together with the second
installment from the buyer, HYSSING Vermögensverwaltungsgesellschaft
mbH held by the Danish company, Brancor Capital Partners APS, under
the management of Kim Bangestrup.

The payment of the first and second instalments amounting to over 50
percent of the total purchase price is now expected on 23rd March
2012. The payment will have a positive influence on PNE WIND AGs EBIT
for the financial year 2011.

The agreed purchase price for all of the shares in the PNE Gode Wind
II GmbH is based on a valuation of approx. EUR 317,000 per MW
including the development costs paid in advance. 84 offshore wind
energy systems with a total nominal output of 252 MW are to be
constructed in the "Gode Wind II" offshore project.

This ad hoc information supplements PNE WIND AGs ad hoc information
dated 29th December 2011.

Further inquiry note:
PNE WIND AG
Leiter Unternehmenskommunikation
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
Scott McCollister
Tel: +49(0) 47 21 - 7 18 - 4 54
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail: scott.mccollister@pnewind.com

Investor Relations
cometis AG
Ulrich Wiehle / Janis Fischer
Tel: +49(0)611 - 205855-64
Fax: +49(0)611 - 205855-66
E-mail: fischer@cometis.de

end of announcement euro adhoc
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issuer: PNE WIND AG
Peter-Henlein-Str. 2-4
D-27472 Cuxhaven
phone: +49(0)4721 718 06
FAX: +49(0)4721 718 373
WWW: http://www.pnewind.com
sector: Alternative energy
ISIN: DE000A0JBPG2, DE000A0B9VG7 DE000A0Z1MR2 DE000A1EMCW3
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English