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

--------------------------------------------------------------------------------
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.
--------------------------------------------------------------------------------

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
--------------------------------------------------------------------------------

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