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PNE WIND AG

EANS-News: PNE WIND AG reports financial results for the first nine months of 2009

Cuxhaven (euro adhoc) -

•	Significant growth in operations
 •	EBIT of 5.1 million euro 
generated
 •	Start of construction with three wind farm projects 
after the end of the third quarter
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
quarterly report
Subtitle: •	Significant growth in operations •	EBIT of 5.1 million 
euro generated •	Start of construction with three wind farm projects 
after the end of the third quarter
Cuxhaven, 9 November 2009 - PNE WIND AG
(ISIN: DE000A0JBPG2), the wind farm developer, continued its growth 
during the first nine months of this fiscal year. Compared to the 
same period of the previous year, the total aggregate output was 
increased by 22.5% to 100.2 million euro from 81.8 million euro. This
sharp increase was due to the high number of completed wind farms: so
far, the company has successfully completed eight projects with a 
total installed nominal output of 119.8 MW in 2009.
During the first nine months of this fiscal year, PNE WIND AG 
achieved a result of operations (EBIT) amounting to 5.1 million euro 
(previous year: 24.1 million euro; including the EBIT from the sale 
of the share in SSP Technology A/S of 26 million euro). Taking into 
account the special effect in the previous year, the result of 
operations obtained in the first three quarters of 2009 underlines 
the positive business development and shows a strong increase of the 
operating income in comparison to the previous year. All in all, the 
consolidated profit as of 30 September 2009 amounts to approximately 
1.3 million euro following 18.8 million euro in the previous year. 
This corresponds to an undiluted result per share of 0.03 euro 
(previous year: 0.46 euro).
Martin Billhardt, Chairman of the Board of Management of PNE WIND AG,
says about the business development: "We made operating progress in 
all business segments. We were able to significantly extend our wind 
farm project planning core business both nationally and 
internationally, on land (onshore) and at high sea (offshore)." With 
respect to the further course of the year, Billhardt is confident: 
"PNE WIND AG has started the construction of three additional onshore
wind farms with a future nominal output of 18 MW in the fourth 
quarter, and our project pipeline continues to be well fed. Thus, we 
still have wind in our sails." Therefore, the Board of Management 
confirms the forecast published for this fiscal year, according to 
which an EBIT in the range of 5 to 7 million euro is expected.
For a comprehensive overview of the financial results of PNE WIND AG,
please refer to the nine months´ report 2009, which has been 
published today and is available under www.pnewind.com in the 
Investor Relations area.
Company profile
PNE WIND AG with its headquarters in Cuxhaven plans 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 92 wind farms with
535 wind energy systems and a total nominal output of 770 MW.
Alongside its business activities in the established German home 
market, PNE WIND AG is also increasingly investing in dynamic growth 
markets and has representations via joint ventures in Hungary, 
Bulgaria, Turkey, the UK, Ireland, Rumania and Canada. Wind farm 
projects with a nominal output of up to 1,400 MW are currently being 
processed in these countries and are to be implemented in the medium 
term. In addition, a subsidiary has been founded in the USA. In 
Germany (onshore), wind farm projects with a nominal output of more 
than 300 MW are currently 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

Further inquiry note:

PNE WIND AG
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 / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail: wiehle@cometis.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie 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

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