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PNE WIND AG

EANS-Adhoc: PNE WIND AG publishes key data for 2010 and plans to pay a dividend

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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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16.03.2011

Cuxhaven, 16th March 2011 - In the past financial year, PNE WIND AG (WKN A0JBPG, ISIN DE000A0JBPG2, stock exchange code PNE3) achieved an operating result (EBIT) in accordance with IFRS corporate figures amounting to EUR 9.5 million (previous year: EUR 14.7 million), - the definitive key value for project developers. The result of normal business operations (EBT) was EUR 5.4 million as compared with EUR 9.9 million in the previous year. Based on the results, the Executive Board confirms its forecast, that the cumulated EBIT for 2010 to 2012 will total at least EUR 42 to 54 million euro.

According to HGB, PNE WIND AG has achieved an annual net income amounting to EUR 4.1 million (previous year: EUR 2.3 million). PNE WIND AGs balance sheet profit as at 31st December 2010 was EUR 4.1 million according to HGB.

In addition, with the approval of the Supervisory Board, the Executive Board of PNE WIND AG has today resolved to propose the payment of a dividend for the financial year 2010 amounting to EUR 0.04 per share (at 45,775,826 shares, this is equivalent to EUR 1,831,033.04) to the annual general meeting. The annual general meeting will take place on 18th May 2011 in Cuxhaven.

PNE WING AG will provide the full 2010 annual report for download on 30th March 2011 in the "Investor Relations" area of the internet page, www.pnewind.com.

end of announcement                               euro adhoc
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Contact:

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 / Alexandra Edinger
Tel: +49(0)611 - 205855-16
Fax: +49(0)611 - 205855-66
E-mail: edinger@cometis.de

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