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05.10.2000 – 08:30

PNE WIND AG

ots Ad hoc-Service: Plambeck Neue Energien Plambeck Neue Energien: Joint venture in Poland

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. -----------------------------------------------------     Cuxhaven/Berlin (ots Adhoc-Service)

    The Plambeck Neue Energien AG, Cuxhaven, working in all areas of renewable energies, is now involved in Poland. Plambeck Neue Energien AG and the polish Salomon industries S.A. agreed on the foundation of a joint venture, the "Plambeck Energy". The cooperation contract was signed on 04 October 2000 in Berlin. Goal of this new company is the extension of wind energy in Poland.          The first projects in Poland are already concrete. They are dealing with the construction of two wind parks with a total investment volume of about 110 Million DM. These projects located in areas with strong wind near the polish Baltic coast can be realized in the years 2001 and 2002. The necessary infrastructure as well as the locations are available.          The market for renewable energies in Poland has not been developed yet. With participation of the in windpower projects experienced company Plambeck Neue Energien AG, the new company will be one of the first of its kind operating on the polish market. The foundation of the new company takes place after the necessary preconditions are met.          The "Plambeck Energy" will take over the development, projecting, construction and operation of the wind park. It is the first participation in a foreign company of the Plambeck Neue Energien AG.          Plambeck Neue Energien AG Public Relations Office          For further questions please contact: Rainer Heinsohn, Public Relations Manager, Tel.: 04721/718-453     

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