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

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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.

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: [email protected]

Investor Relations
cometis AG
Ulrich Wiehle / Alexandra Edinger
Tel: +49(0)611 - 205855-16
Fax: +49(0)611 - 205855-66
E-mail: [email protected]
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: [email protected]
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

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