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Large Portuguese order for V90-3.0 MW wind turbines

Randers, 20-12-2004

The Vestas Group has received an order for 32 units of the V90-3.0 MW wind turbine. The order has a value to Vestas of approximately mEUR 80, and the wind turbines will be delivered in 2005.

The order comprises wind turbines, monitoring system, transportation, installation, commissioning and infrastructure and has been received from a company controlled by Enersis, S.A. and with participation of Caixa Banco de Investimento, S.A. The wind turbines will be installed at the Pampilhosa Wind Farm, which will be situated in the municipality of Pampilhosa da Serra – a district of Coimbra.

Enersis is one of the largest players within wind energy in Portugal and this is the second large order for V90-3.0 MW turbines awarded to Vestas by Enersis in 2004.

“We are very pleased that Enersis once again has chosen Vestas as supplier for a large project in Portugal”, says Svend Sigaard, President and CEO of Vestas Wind Systems A/S and continues: “The development in the Portuguese market is the positive result of political long-term planning with stable energy sales prices”.

The above order does not affect the Vestas Group’s expectations for 2004 and 2005, cf. Stock exchange announcement No. 45/2004 of 26 November 2004.

Any questions may be addressed to the Executive Management at Vestas Wind Systems A/S, telephone +45 9730 0000.

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Large Portuguese order for V90-3.0 MW wind turbines