core sector communique

REpower signs contract for 131 MW Australian wind farm project

„X Mt Mercer wind project to be suppliedwith 64 MM92 wind turbines

„X Company¡¦s largest ¡¥supply & install¡¦ contract in Australia to date

„X Project scheduled for delivery beginning in September, 2013

Hamburg/Melbourne, 3 September 2012. REpower Systems SE, has signed a contract with Meridian Energy Limited to supply 64 MM92 wind turbines, each with 2.05 MW of rated power, to the Mt Mercer wind farm. The Mt Mercer wind farm project is based in Victoria, Australia, located approximately 30 km south of Ballarat. This is REpower¡¦s first contract with Meridian Energy and the company¡¦s largest ¡¥supply & install¡¦ contract for its MM series turbines in Australia to date.

The wind turbines are scheduled to be installed and commissioned between September 2013 and January 2015. Andreas Nauen, CEO REpower Systems SE, states: ¡§This is a landmark order. We are delighted that our wind turbine technology has been selected by Meridian Energy to construct the Mt Mercer wind farm.

This reinforces our position as one of the leading players in the Australian wind energy sector, a key market for us in the years ahead.¡¨Speaking about the contract, Chris Judd, CEO REpower Australia, says: ¡§Being

awarded this contract during our ¡¥10 years in Australia¡¦ celebrations underscores REpower Australia¡¦s longstanding commitment to the Australian wind energy industry and the opportunities presented by the renewable energy target, which will deliver around 7 GW of new wind generating capacity in Australia by 2020.¡¨

The MM92 is one of the best selling wind turbines out of the REpower portfolio, in use worldwide. Including this contract REpower has sold over 1,400 turbines of this type. With 2.05 MW of rated power, an  individual turbine installed onshore can supply more than 1,250 households with electricity. As it has 131 megawatts of rated power, the Mt Mercer wind farm will provide power to around 82,0001 households.

About REpower:

REpower Systems SE, a wholly owned subsidiary within the Suzlon group, is one of the world¡¦s leading manufacturers of onshore and offshore wind turbines. The international mechanical engineering company develops, produces and markets wind turbines for almost any location ¡V with rated outputs of 1.8 MW to 6.15 MW and rotor diameters of 82 metres to 126 metres. Furthermore, the company offers its customers project specific solutions in the areas of turnkey, service and maintenance, transport and installation, as well as foundation planning and construction. The profitable and reliable systems are designed at the REpower TechCenter in Osterronfeld and manufactured at its plants in Husum (North Friesland), Trampe (Brandenburg) and Bremerhaven as well as Portugal, India and China. With more than 2,900 employees worldwide the company headquartered in Hamburg can make use of the experience gained from the manufacture and installation of over 3,800 wind turbines around the world. REpower is represented by distribution partners, subsidiaries and participations in European markets such as France, Belgium, the UK, Italy, Portugal, Sweden, Poland and Spain as well as on a global level in the USA, China, Australia and Canada.

About Meridian Energy Limited:

Meridian Energy is an integrated renewable energy company; the largest generator in New Zealand, with a strong pipeline of development options in Australasia; and an electricity retailer throughout New Zealand. Meridian and its online subsidiary Powershop retail electricity to approximately 290,000 connections homes, farms and businesses throughout New Zealand.

The Meridian Energy Group includes a parent company Meridian Energy Limited, subsidiary businesses in Australia and the USA and other innovative investments that complement their core activities as an electricity generator and retailer. In total the Group employs approximately 750 people and has offices in Wellington, Christchurch and Twizel, and internationally, in Melbourne, Australia, and San Francisco California.

Meridian generates electricity from renewable sources . wind and water in New Zealand; wind in Australia; and solar in the USA.

In Australia, Meridian owns and operates Mt Millar wind farm and is partnering with AGL Energy to build the Macarthur wind farm which, at 420 megawatts, will be the largest wind farm in the Southern Hemisphere.

The company also built the world¡¦s southernmost wind farm at Ross Island in Antarctica, in partnership with 1 Calculation: approx. 2,500 hours in full-load operation, 2,000 kilowatts x 2,500 hours = 5,000,000 kWh / Model calculation based on a three person household with an average consumption of electricity of 3,900 kilowatt-hours (kWh) per year.

Antarctica New Zealand. Meridian¡¦s solar farm, CalRENEW-1, was the first grid-connected solar farm to be built in California, and the company has used that expertise to build the first solar farm in Tonga. Meridian¡¦s sustainable market position is underpinned by its commitment to renewable energy, environmental stewardship and support for the communities living alongside its assets. Meridian continually looks for ways to provide positive energy solutions to customers to help them reduce their energy use.