REpower concludes capital increase by 10 per cent

Hamburg, 20 March 2007. To finance its continuing strong growth over the coming years, the Executive Board of Repower Systems AG (WKN 617703), with the approval of the Supervisory Board, today resolved to increase the share capital of the company by up to EUR 811,799 with partial utilisation of the authorised capital. The Supervisory Board decided unanimously.

The company's share capital will be increased from EUR 8,117,997 to up to EUR 8,929,796 by issuing up to 811,799 new REpower shares against cash contributions. The new shares will be offered to REpower shareholders by the issuing bank HSBC Trinkaus & Burkhardt AG from 26 March 2007 to 10 April 2007 at a subscription price of EUR 136 in cash per share by way of indirect subscription right.

The subscription ratio is 10:1, i.e. one new share can be acquired for every ten REpower shares held. A trading of the subscription rights is not intended. Any new shares not subscribed after the subscription period will be offered to qualified investors by the issuing bank as part of a private placement or sold on the stock exchange.

Among other things, the capital increase will be used to pre-finance big European offshore projects, for which REpower is at an advanced stage of negotiations.


About REpower:

REpower Systems AG is one of the leading manufacturers of onshore and offshore wind turbines. The international engineering company develops, produces and sells wind turbines with outputs ranging from 1.5 to 5 megawatts and rotor diameters of 70 to 126 metres for almost all locations. It also provides a comprehensive service and maintenance range. The high performance, reliable turbines are designed at the REpower development centre in Rendsburg and produced at the sites in Husum (North Frisia) and Trampe (Brandenburg).
Listed on the stock exchange since March 2002 and with around 880 employees worldwide, the Hamburg-based company relies on its experience in the production and installation of more than 1,500 wind turbines worldwide. REpower is represented in European markets such as France, the United Kingdom, Italy, Portugal and Spain and in the international markets of Japan, China and Australia through its sales partners, subsidiaries and investments.

This publication constitutes neither an offer to sell nor an invitation to buy securities.

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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