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PNE WIND AG

EANS-Adhoc: PNE WIND AG continues to hold 100 percent of the shares in the offshore wind farm project, "Gode Wind II"

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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

23.03.2012

Cuxhaven, 23rd March 2012 - The wind farm project developer, PNE WIND AG (ISIN:
DE000A0JBPG2), continues to hold all of the shares in the "Gode Wind II"
offshore wind farm project. The sale of the project company agreed on 29th
December 2011 did not become effective because HYSSING
Vermögensverwaltungsgesellschaft mbH, held by the Danish company, Brancor
Capital Partners APS, did not make the payments on 23rd March 2012 as agreed.  

PNE WIND AG will now conduct sales discussions with other parties interested in
purchasing this wind farm. 

It is planned to locate the wind farm in the North Sea, about 38 kilometres
seaward of the island of Norderney and approval has already been granted by the
Bundesamt für Seeschifffahrt und Hydrographie (BSH) (German Federal Maritime and
Hydrographic Agency). 84 offshore wind energy systems with a total nominal
output of 252 MW are to be constructed in "Gode Wind II".

This ad hoc information supplements PNE WIND AGs ad hoc information dated
29.12.2011 and 29.02.2012.


Further inquiry note:
PNE WIND AG
Leiter Unternehmenskommunikation
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
Scott McCollister
Tel:  +49(0) 47 21 - 7 18 - 4 54
Fax: +49(0) 47 21 - 7 18 - 3 73
E-mail:  scott.mccollister@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: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
             Stuttgart, regulated dealing/prime standard: Frankfurt 
language:   English

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