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Plambeck Neue Energien AG

EANS-News: Plambeck Neue Energien AG
Plambeck Neue Energien AG completely redeems 2004/2009 convertible bond

Cuxhaven (euro adhoc) -

•	Original total par value of 23,5 mill. Euro
 •	Outstanding residue 
to the amount of 16.3 mill. Euro punctually and completely redeemed
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
finances/Convertible bond
Cuxhaven, March 17, 2009 - The wind-farm
planner Plambeck Neue Energien AG has punctually redeemed the 
outstanding residual amount of the 2004/2009 convertible bond. Of the
original amount of 23.5 Euro, around 16.3 mill. were redeemed on 
maturity. Some of the investors had already made use of the 
conversion right and exchanged bonds against shares during the term 
of the bond. Alongside this, the company had re-acquired some of the 
papers on the capital market as a result of the favourable price 
level.
The convertible bond issued in March 2004 had borne interest at 6 per
cent during its term, the conversion price had been 3.75 Euro. As 
early as the previous fiscal year, Plambeck Neue Energien AG had 
anticipated the complete redemption of the convertible bond for 
reasons of precaution and had formed a corresponding liquidity 
reserve for this purpose.
Corporate profile:
Plambeck Neue Energien AG with its headquarters in Cuxhaven plans and
implements wind-farm projects on land (onshore) and at sea 
(offshore). The key competence of the company is the development, 
projecting, implementation and financing of wind-farms and their 
operation and sale with subsequent service. Up to now, the enterprise
has set up 88 wind-farms with 503 wind-energy systems and a total 
nominal output of 699 MW.
Alongside the business activity on the established German market, the
company is increasingly expanding into dynamic growth markets. Via 
joint ventures, Plambeck Neue Energien AG is already represented in 
Hungary, Bulgaria, Turkey, Great Britain, Ireland and Romania. In 
these countries, wind farm projects with a nominal output of up to 
1,430 MW are under development and are to be realized in the medium 
term. Furthermore a subsidiary is founded in the USA. In Germany 
(onshore) wind-farm projects with a nominal output of more than 400 
MW are under development, of which 82 MW are under construction.
Over and above this, Plambeck Neue Energien AG develops offshore 
wind-farm projects, of which two major projects in German waters have
already been approved. Entry to promising foreign markets is also 
being examined for the offshore area.
end of announcement                               euro adhoc

Further inquiry note:

Plambeck Neue Energien AG
Rainer Heinsohn
Tel: +49(0) 47 21 - 7 18 - 4 53
Fax: +49(0) 47 21 - 7 18 - 373
E-mail: info@plambeck.de

Investor Relations
cometis AG
Ulrich Wiehle / Dirk Stauer
Tel: +49(0)611 - 205855-11
Fax: +49(0)611 - 205855-66
E-mail: wiehle@cometis.de

Branche: Alternative energy
ISIN: DE000A0JBPG2
WKN: A0JBPG
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Hamburg / Open Market
Börse Stuttgart / Open Market
Börse Hannover / Open Market
Börse München / Open Market
Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Düsseldorf / free trade

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