Ad-hoc-release: REpower Systems AG decides on capital increase and ascertains the purchase price for the capital increase

Hamburg, 21 March 2006. In accordance with the decisions of the board of directors and the supervisory board of 23rd February 2006 (see ad-hoc announcements of 23rd February 2006 and of 13th March 2006), the board of directors decided on 21st March 2006 with the consent of the supervisory board of the same day to increase the capital stock of the company of currently EUR 5,941,198.00 by EUR 2,160,599.00 to EUR 8,101,797.00 for cash deposit and to issue 2,160,599 ordinary shares no par value in bearer form at an issue price of EUR 1.00 per share with profit participation starting from 1st January 2005. For a ceiling amount of EUR 180,200.00 the subscription right of shareholders is exempted.

Dresdner Bank Aktiengesellschaft, Frankfurt/Main will subscribe for the 2,160,599 new shares and will offer them (apart from the top of 180,200 shares and within the underwriting syndicate managed by itself) for sale to the shareholders of the company in the course of the subscription period from 24th March 2006 to 6th April 2006 in a ratio of 3:1 at the purchase price of EUR 37.00 per share.


About REpower:

REpower Systems AG is active in the wind power industry. 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 essential stages of the value creation chain, REpower has powerful overall competence in wind energy. With more than 580 employees, the company headquartered in Hamburg can rely on its experience in the production and installation of almost 1,300 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.


This publication constitutes neither an offer to sell nor an invitation to buy securities. An offer will be made exclusively by means of and on the basis of a prospectus to be published subject to approval on the internet sites of the company and to be made available free of charge at the company, the consortium banks and the admission office of the stock exchange.

This document does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States. The shares in REpower Systems AG (the "Shares") may not be offered or sold in the United States or to or for the account or benefit of "U.S. persons" (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act")) absent registration or an exemption from registration under the Securities Act. The Shares have not been and will not be registered under the Securities Act.

Contacts:

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">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">t.schnorrenberg@repower.de
Internet: http://www.repower.de

Sprache:

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