Vestas receives large order in Canada

Randers, 16 November 2004

For a wind power project in Canada, the Vestas Group has received an order for 12 units of V82-1.65 MW wind turbines and an additional 51 units of V82-1.65 MW wind turbines subject to successful test of the first 12 units.

The wind power project will be installed and commissioned by 31 December 2005.

“The market in Canada is developing positively and we see a good potential for wind energy as a significant energy source complimentary to Canada’s current hydroelectric energy,” says Svend Sigaard, President and CEO of Vestas Wind Systems A/S.

Subject to a non-disclosure agreement with the customer, Vestas may not reveal the name of the customer or the value of the contract for Vestas. However, the value of the contract order does not affect the Vestas Group’s expectations for 2004, cf. Stock exchange announcement No. 33/2004 of 18 August 2004.

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

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