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

• Original total par value of 23,5 mill. Euro
• Outstanding residue
to the amount of 16.3 mill. Euro punctually and completely redeemed

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finances/Convertible bond

Cuxhaven (euro adhoc) - 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
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ots Originaltext: Plambeck Neue Energien AG
Im Internet recherchierbar: http://www.presseportal.de

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
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