REpower Portugal receives order for 13 wind turbines - Windpark Joguinho II expected to go on line in 2006

Hamuburg - REpower Systems AG has been awarded a large order in Portugal. For ENERGI E2 Renovables Ibéricas S.L. – a subsidiary of the Danish utility ENERGI E2 – and its Portuguese partner Eólica São Julião, REpower Portugal is to erect a total of 13 2-megawatt wind turbines. The MM82 turbines have a hub height of 80 und a rotor diameter of 82 metres. The order volume is just under EUR 26 million.

The Joguinho II wind park is located in Torres Vedras, to the north of Lisbon and is to be transferred to its operator in the summer of next year. The large project is commencing with the construction of the foundations and the erection of the tower segments for the first two turbines, planned for December this year. The towers are to be produced by Martifer, the joint venture partner and large shareholder at REpower Systems AG.

Prof. Dr. Fritz Vahrenholt, Chairman of the REpower Systems AG Managing Board, commented, “With this large order we are consolidating our good market position in Portugal and have reached an important milestone in the REpower Portugal joint venture which was founded as recently as June.” Nikolaj Harbo, Managing Director at ENERGI E2 Renovables Ibéricas S.L., “The Portuguese wind energy project is in line with E2’s strategy in the European market. The project is thus another step in ENERGI E2’s expansion on the Iberian Peninsula.”

The REpower Portugal joint venture, owned equally by REpower Systems AG and Martifer Energia, was founded in June 2005 as part of the expansion on selected international core markets and is headquartered in Oliveira de Frades close to Porto.

About REpower:
REpower Systems AG is active in the sunrise market of wind power. The company's range of business services includes the system development, licensing, production and marketing of wind turbines. This is supplemented by a comprehensive after sales service. Because of its presence in the decisive stages of the value creation chain, REpower has powerful overall competence in wind energy. With more than 560 employees, the company headquartered in Hamburg can rely on its experience in the production and installation of more than 1000 wind turbines worldwide. The high-quality, technologically sophisticated turbines are designed in the development centre in Rendsburg and produced in the plants in Husum (North Frisia) and Trampe (Brandenburg).

The internationally expanding company is represented through subsidiary companies and joint ventures in France, Greece, Great Britain, Italy, Portugal and Spain as well as in Australia.

About Martifer:
Martifer Energia – Equipamentos para a Energia, SA is a Portuguese development firm in the energy sector and a subsidiary of the Martifer Group of steel and metal construction companies. Martifer Holding is part of Portugal’s largest construction firm, the Mota-Engil Group, which is listed on the Lisbon Stock Exchange. The company, led by CEO Jorge Martins, is known among other things for its substantial involvement in stadium construction for the European Cup Football championship held in Porto and Lisbon.

Contact:
REpower Systems AG
Daniela Puttenat
Corporate Communications &
Public Relations
Phone:+49 – 40 – 53 93 07– 14
Fax: +49 – 40 – 53 93 07– 37
E-mail: d.puttenat@repower.de

Thomas Schnorrenberg
Investor Relations
Phone:+49 – 40 – 53 93 07– 23
Fax: +49 – 40 – 53 93 07– 77
E-mail: t.schnorrenberg@repower.de

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