Vestas enters into a frame agreement with French EEN

Vestas has signed a frame agreement with EEN - EDF Energies Nouvelles - for a total of 200 MW for wind power plants in France, Greece and Italy. The wind power plants will be delivered during 2008 and 2009, and the frame agreement furthermore includes an option for delivery of an additional 200 MW per year in the years 2008 and 2009.

The contract comprises supply and commissioning of the wind turbines as well as installation of Vestas’ SCADA system VestasOnline™. The supply includes the following wind turbines: V52-850 kW, V80-2.0 MW, V90-2.0 MW and V90-3.0 MW.

“We are very satisfied with the signing of this frame agreement with EEN,” says Ebbe Funk, President of Vestas Mediterranean A/S and continues: “The agreement is the result of long negotiations, and it will create a stable platform for the future business relationship between our two companies. Apart from these European projects, EDF has activities in the UK, USA and Mexico, and we hope that our partnership in future may be extended to these markets as well.”

EEN - EDF Energies Nouvelles - is 50 per cent owned by the French utility, the EDF Group, and the remaining 50 per cent is owned by a private investor. With an installed capacity of 789 MW of wind power by the end of June 2006, EEN is an important player in the wind power market. Apart from onshore projects, EEN has also plans of developing offshore projects in Europe.

The above frame agreement does not affect the Vestas Group’s expectations for 2006, cf. Stock exchange announcement No. 39/2006 of 24 August 2006.

Any questions may be addressed to Ditlev Engel, President and CEO of Vestas Wind Systems A/S, or to Peter Wenzel Kruse, Vice President of Communication & IR at Vestas Wind Systems A/S,
telephone +45 9730 0000.

Yours sincerely
Vestas Wind Systems A/S

Ditlev Engel
President and CEO