EANS-Adhoc: PNE WIND AG: Extremely positive result in 2012 is the basis for increased dividend proposal

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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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Financial Figures/Balance Sheet/annual report
12.03.2013

Cuxhaven, 12th March 2013 - The wind farm project developer, PNE WIND
AG (ISIN: DE000A0JBPG2), has closed the financial year 2012 with an
extremely positive result. The corporation's operating result (EBIT)
- the definitive key value for project business - amounts to EUR 20.4
million (previous year: EUR 0.1 million) based on the IFRS accounting
rules. The result of normal business activity (EBT) amounts to about
EUR 15.1 million (previous year: EUR -4.9 million). The undiluted
corporate earnings per share was EUR 0.37 (previous year: EUR -0.09)
and the diluted corporate earnings per share was EUR 0.31 (previous
year: EUR - 0.04). Total corporate performance increased to EUR 94.3
million (previous year: EUR 53.9 million). Simultaneously - above all
due to the successful sale of offshore wind farm projects - sales
increased to EUR 84.4 million (previous year: EUR 48.6 million). With
a balance sheet total of EUR 182.5 million and an equity ratio of
about 47 percent at the end of the 2012 financial year, the equity
ratio is significantly higher than in the previous year at approx. 39
percent. Liquid assets of EUR 36.6 million as at 31st December 2012
provide the company with a solid financial basis for continued
growth. The Board of Directors confirms its forecast of a cumulative
EBIT of at least EUR 60 to 72 million for the three year period from
2011 to 2013. The Board of Directors anticipates an EBIT of EUR 60 to
72 million for the following two year period during 2014 and 2015.

According to HGB (German Commercial Code) accounting rules, PNE WIND
AG realised a net income of EUR 34.4 million (previous year: EUR 0.2
million). As at 31st December 2012, PNE WIND AGs had a retained
profit of EUR 34.3 million according to HGB accounting rules.

As a result of the positive result during the 2012 financial year,
the Board of Directors and the Supervisory Board of PNE WIND AG
propose to pay a dividend amounting to EUR 0.08 (previous year: EUR
0.04) as well as a special dividend of EUR 0.02 per participating
share. The Annual General Meeting is set to pass a resolution on this
motion on 22nd May 2013.

PNE WIND AG will publish the audited annual accounts and the
management report for 2012 on 27th March 2013.

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: rainer.heinsohn@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