Cuxhaven, 15th May 2012 – In today’s annual general meeting, a large majority of the shareholders in PNE WIND AG (ISIN DE000A0JBPG2) again approved the distribution of a dividend amounting to EUR 0.04 for each eligible par value share. The shareholders thus approved the proposal made by the Board of Directors and the Supervisory Board.

PNE WIND AGs balance sheet profit (HGB accounting) (German Commercial Code accounting) which was decisive for the payment of the dividend amounted to about EUR 2.5 million in the last financial year, i.e. 2011. At the current level of 45,777,960 eligible par value shares, a dividend of about EUR 1.8 million is being distributed while the remaining profit of about EUR 0.7 will be carried forward as proposed by the Board of Directors and the Supervisory Board.

“Our shareholders form the basis of our company’s success. We are therefore delighted to be able share this positive business development with our shareholders again this year” said Martin Billhardt, Chairman of the Board of Directors of PNE WIND AG. “In the past financial year we have taken important steps - especially in the offshore sector - which will provide us with additional growth potential for the future”, continued Billhardt.

Supervisory Board members were also re-elected with a considerable majority. The Chairman, Dieter K. Kuprian, Dr. Peter Fischer and Professor Dr. Reza Abhari have now been re-elected to office for a further five years. Their mandates would only have expired in the coming year. These re-elections were held early in order to support the company’s development by assuring the continuity of its personnel.

In addition, the shareholders meeting also passed resolutions discharging the Board of Directors and the Supervisory Board by majorities of over 96% each.