REpower Systems AG: Prolongation of the contracts of the board of directors

Hamburg, 30 March 2006. In its yesterday’s meeting the Supervisory Board of REpower Systems AG (WKN 617703) decided on the prolongation of the appointment and of the contracts of the two members of the board of directors Matthias Schubert (CTPO) and Pieter Wasmuth (CFO). The end of terms defined by the new contracts is 30 November 2009 (Mr. Wasmuth) and 31 March 2010 (Mr. Schubert).

Matthias Schubert has already been member of the board of directors of REpower Systems AG since April 2001 and is responsible for the departments of technology, product development, logistics, purchase and 5M.


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


Pieter Wasmuth was appointed to the board of directors in January 2005 and is responsible for the divisions controlling, organisation, financing and accounting as well as for services and maintenance.

Prof. Dr. Fritz Vahrenholt, chairman of REpower’s board of directors, was already appointed in February this year for another four years and obtained an employment contract valid to April 2010 as well as an option on the prolongation of the contract by another year.

The annual report 2005 can be downloaded on www.repower.de with immediate effect.



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 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 almost 1,400 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 tol 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

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