REpower Systems SE

REpower Systems AG: AREVA and SUZLON to cooperate

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Hamburg (euro adhoc) - Hamburg, 25 May 2007. The French AREVA Group announced yesterday that it does not intend to take any further steps in the takeover battle for REpower Systems AG.

AREVA will retain its stake in REpower for the time being and continue to support the company. In addition, AREVA will become SUZLON´s preferred provider for current distribution and transmission.

In the past, REpower had already made it clear that both providers are suitable strategic partners for an accelerated growth in the internationally heavy growing wind energy industry. As a result of this agreement between AREVA and SUZLON, REpower could now benefit from cooperation with both bidders.

The CEO of REpower Systems AG, Prof. Fritz Vahrenholt, explains: "In the short term, we intend to define a joint strategy with SUZLON to realise synergies which result from the use of the component capacities of the SUZLON group in combination with REpower´s outstanding technology."

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ots Originaltext: REpower Systems AG
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Further inquiry note:
Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723

Branche: Alternative energy
ISIN:      DE0006177033
WKN:        617703
Index:    Prime All Share, CDAX, Technologie All Share
Börsen:  Frankfurter Wertpapierbörse / regulated dealing/prime
              Börse Berlin-Bremen / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Bayerische Börse / free trade

Weitere Meldungen: REpower Systems SE

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