Meinl International Power Ltd.

Meinl International Power strongly denies accusations of having violated disclosure obligations

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St. Helier, Jersey (euro adhoc) - Meinl International Power Ltd. (MIP) informs that the allegations made in a report which was sent to the Austrian Financial Markets Authority (FMA) by Alexander Proschofsky on behalf of the journal "Austria Börsebrief" and which was also disseminated by the media, are totally wrong and legally unfounded. In his report, Proschofsky accused MIP of having neglected to publish various documents on its website.

Neither the law nor the capital market prospectus, which was only valid for the time period of the public offering in July 2007, obliges the company to publish specific documents at its website at this point of time.

The company sees Mr. Proschofsky´s publication as an attempt to gain media attention for himself and for "Austria Börsebrief" at the expense of the investors by announcing alleged scandals.

About Meinl International Power:

The company, which has been listed on the tertiary market of the Vienna Stock Exchange since summer 2007, reports solid performance. To date, the company has invested in seven traditional and renewable energy projects: one gas-fired power plant in Hungary, three wind farms in Slovakia, one wind farm in Germany, and two photovoltaic power plants in Spain. The net profit for the financial year ended on 31 December 2007 amounted to EUR 2.81 million.

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ots Originaltext: Meinl International Power Ltd.
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Branche: Energie
ISIN:      AT0000A05W59
Index:    other listings
Börsen:  Wiener Börse AG / Dritter Markt

Weitere Meldungen: Meinl International Power Ltd.

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