PNE WIND AG

EANS-Adhoc: PNE WIND AG
SSP litigation becomes final in favour of PNE WIND AG

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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

07.11.2011

Cuxhaven, November 7, 2011 - PNE WIND AG does no longer face any liability from
the sale of its stake in SSP Technology A/S. SSP Technology Holding ApS, a
company of the VENTIZZ Group, has today abandoned its appeal against the
dismissal of its action by the Stade District Court dated 7 October 2010. As a
consequence, this judgment becomes final. 

The bindingly dismissed action was directed at the reversal of the sale of the
majority stake in SSP Technology A/S held by PNE WIND AG until 2008 against
payment of EUR 54.28 million and alternatively at a payment of approx. EUR 8.64
million.

The commencement of this action was made public by PNE WIND AG in the
ad-hoc-notification dated 16th October 2009 and its dismissal was made public by
PNE WIND AG in the ad-hoc-notification dated 7 October 2010.

<< End of Ad-hoc disclosure >>


Further inquiry note:
PNE WIND AG
Press and Public 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 / 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: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language:   English
 



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