PNE WIND AG

ots Ad hoc-Service: Plambeck Neue Energien Plambeck takes over "Norderland Nature Energy AG"

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Cuxhaven (ots Ad hoc-Service) - Take-over in the wind energy industry - On 17th November 2000 Plambeck Neue Energien AG took over 100% of the shares of Norderland Nature Energy AG. Since 1991 Norderland Nature Energy AG is active in the drafting and implementation of wind-parks and is one the booming and experienced German companies with regard to the realization of ultra-modern wind-parks. Norderland had planned its IPO, which was already authorized for the Neuer Markt by the German Stock Exchange, for mid-December. The former shareholders of the company Norderland, which is located in Hamburg and Westerholt/Ostfriesland, receive 3,750,000 shares out of the authorized capital of the Plambeck Neue Energien AG. With its project business and more than 170 wind-park sites as well as an investment volume of over 500 mill. DM Norderland is able to ensure the implementation of wind-parks in 2001/2002. In addition, Norderland is working on international projects in different acquisition phases. Plambeck Neue Energien AG, which went public in December 1998 (Neuer Markt), can contribute to the business thanks to its great experience in the planning, drafting, construction and operation of wind-parks and is already provided with the internal structures and organization units which are necessary for a public limited company. The projects of Plambeck Neue Energien AG and Norderland harmonize very well, particularly in the international project business. Through the take-over Plambeck Neue Energien strengthens the potentials in the acquisition of sites and in the implementation of wind-parks. The return on capital and turn-over will be improved considerably. The shareholders of Norderland continue contributing to the development of the company with great competence and many contacts. As a result of the preparations for the IPO of Norderland, initially planned, a share value of 280-310 mill. DM can be fixed considering the proportion between quotation and exchange profit of 17-18 for the year 2001. This fact shows the importance of the profit situation and the growing professionalism in the wind energy industry. After the split-off of the former business division Trade Plambeck Neue Energien AG concentrates its activities on the core business - the utilization of renewable energies, particularly the wind energy. Plambeck Neue Energien AG Public Relations For further information please contact: Rainer Heinsohn, Public Relations, Ph. : +49 4721/ 718-453 End of message ----------------------------------------------------- Internet: http://recherche.newsaktuell.de Original-Content von: PNE WIND AG, übermittelt durch news aktuell

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