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27.06.2006 – 13:33

Plambeck Neue Energien AG

euro adhoc: Plambeck Neue Energien AG
Plambeck Neue Energien AG Convertibles Worth Around EUR 1.2 Million Converted into Shares

--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------


Cuxhaven, 27 June 2006 ? In the context of a regular conversion window of opportunity, investors in convertibles issued by Plambeck Neue Energien AG (ISIN: DE000A0JBPG2) exchanged bonds worth EUR 1,222,642.50 for 326,038 shares. The conversion price amounted to EUR 3.75.

Through the conversion the equity capital of Plambeck Neue Energien AG increased by 326,038 Euro. Liabilities are reduced by 1,222,642.50 Euro and interest payments disencumbered by about 73,000 Euro annually.

The convertibles continue to run until the end of March 2009. Bonds may be converted into shares after the annual general meeting of the windfarm project planners Plambeck Neue Energien AG.

end of announcement                                                 euro adhoc 27.06.2006 12:57:45

ots Originaltext: Plambeck Neue Energien AG
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Further inquiry note:
Rainer Heinsohn
Plambeck Neue Energien AG / Öffentlichkeitsarbeit
Tel.: +49(0)4721-718-453

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