Announcement of reasoned opinion of REpower Systems AG concerning takeover offer of Suzlon Windenergie GmbH

Hamburg, 6 March 2007. Today, the supervisory board and management board of REpower Systems AG (WKN 617703) have published their joint reasoned opinion concerning the takeover offer of Suzlon Windenergie GmbH which had been submitted to REpower on 28 February.

Therein, supervisory board and management board both approve the offer of Suzlon, which provides a takeover price of EUR 126.00 per share (equalling a total value of EUR 1.02 billion) and recommend to accept the offer as for REpower, Suzlon would be an appropriate strategic partner for the accelerated growth of the international wind energy industry and as the offer is EUR 21.00 higher than AREVA’s competing offer which provides a share price of EUR 105.00 per share.

The complete reasoned opinion is available on an internet website under the address www.repower.de (quick link “information about the takeover offers of AREVA and Suzlon”).

Suzlon Windenergie GmbH is a joint venture between the Indian wind turbine manufacturer Suzlon Energy Ltd. and the Portuguese steel and metal building company Martifer which owns 25.4 per cent of the REpower shares.