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REpower Systems SE

Consortium headed by Galp Energia and REpower wins bidding for Government Tender in Portugal covering 400 MW

Hamburg (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
cooperations
Hamburg, 18 July 2007. The bidding consortium
headed by the Portuguese Energy Company Galp Energia, represented by 
the Holding Ventinveste, won the bidding for the Portuguese 
Government Tender about a wind energy project with a projected 
capacity of 400 megawatts. The governmental body DEEG (Direcção Geral
da Energia) of the Portuguese Ministry of Economic Affairs officially
communicated this news to the consortium which is composed of the 
companies GALP, Grupo Enersis, Martifer, REpower Portugal and REpower
Systems AG and EFACEC. For several months, Ventinveste has been 
leading in the second lot and has thus stayed ahead of the remaining 
adverse bidder, the consortium Novas Energias Ibéricas (amongst 
others consisting of Iberdrola and Gamesa).
The implementation period of the tender is supposed to be five years 
from 2008. Ventinveste had handed in its bidding offer of all in all 
more than 11,000 pages in March 2006 already.
"In this case you are right to say: `Slow and steady wins the 
race´´", commented Prof. Dr. Fritz Vahrenholt about the award of the 
bid by the Portuguese Government. He is the CEO of the REpower 
Systems AG, the third-largest manufacturer of wind turbines in 
Germany which is represented in the consortium. He adds: "Right from 
the beginning, our partners in the consortium showed that they have 
confidence in the technology and efficient competence of REpower. 
Now, we will make all relevant provisions in order to further improve
our position on the Portuguese market."
end of announcement                               euro adhoc 18.07.2007 14:47:58

Further inquiry note:

Thomas Schnorrenberg
Investor Relations Manager
Telefon: +49(0)40-53930-723
E-Mail: t.schnorrenberg@repower.de

Branche: Alternative energy
ISIN: DE0006177033
WKN: 617703
Index: Prime All Share, CDAX, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

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