DGAP-Media / 31.03.2016 / 12:29 Press Release Appointment of a new Chief Financial Officer at WKN - Gabriel J. Meurer will assume the position of Chief Financial Officer as of 1 April 2016 - The company's previous CFO, Dr Jürgen Dambrowski, is to leave the company Husum and Cuxhaven, 31 March 2016 - The position of CFO at Husum-based company WKN AG is to be assumed by Gabriel J. Meurer as of 1 April 2016. Mr Meurer, 59, boasts extensive financial management experience gained both in Germany and abroad, as well as long-standing expertise in international projects. WKN AG's previous CFO, Dr Jürgen Dambrowski, who has been a member of the Managing Board since 2014, will leave the company by the end of the first quarter of 2016, in agreement with WKN AG. In his capacity as member of the Managing Board and CFO, he was responsible for financial affairs, management accounting, administration, and services. "The Supervisory Board would like to thank Dr Jürgen Dambrowski for his contributions to the company and to wish him all the very best for the future, both professionally and personally," announced Markus Lesser, Chairman of the WKN Supervisory Board. After gaining a degree in business administration, Gabriel J. Meurer began working in financial project management for Mannesmann Anlagenbau AG and Krupp Industrietechnik GmbH in Duisburg. He later went on to become CFO and Member of the Board of Directors at Combibloc Asia Ltd. where, working from Thailand, he was responsible for setting up new manufacturing facilities in the Asian region. He then joined Hochtief AG, Essen, as Head of Strategic Projects and M&A. As of 2004, Mr Meurer turned his attention to the fast-growing renewable energy market, assuming directorial posts at renergys GmbH, Ladenburg/St. Gallen and agri.capital GmbH, Münster/ Luxemburg. These roles saw him initiate and head large-volume international transactions in the wind, biogas, and photovoltaics sectors. From 2011 to 2013, he was CEO at Advanced Tower Systems B. V., Enschede, in the Netherlands and at ATS Construction GmbH, Woerrstadt, Germany, a provider of engineering, construction, and licensing services for hybrid towers for wind energy plants. Furthermore, Mr Meurer has also worked as a consultant and board member for various companies, providing his services within the areas of infrastructure, renewable energy, and climate projects. "The further internationalization of WKN's project business is among our main objectives. Therefore, we appreciate to benefit from the expertise brought in by Gabriel J. Meurer in this area, and indeed in many others," explained Markus Lesser. The future CFO will jointly manage the fortunes of WKN, being part of the PNE WIND Group, with the Chief Operating Officer (COO), Roland Stanze, who has been a member of the WKN Managing Board since the beginning of 2014. About the PNE WIND Group The PNE Wind Group, with its brands PNE WIND and WKN, is one of the leading German wind farm developers. With its roughly 380 employees, the PNE WIND Group has been offering services covering the entire added value chain ranging from the development, planning, realisation, financing, operation, marketing and repowering of wind farms in Germany and abroad from a single source for more than 25 years. Once the completed plants have been handed over to operators, the PNE WIND Group also offers technical and commercial management services, including regular maintenance, for the wind farms. The offshore wind farms at sea are developed up to the point where they are ready to be constructed. Alongside its business activities in the established domestic market in Germany, the PNE WIND Group is present at the international level in order to benefit from the huge growth potential of the global wind energy market and it is expanding into dynamic growth markets. Contacts

PNE WIND AG                                PNE WIND AG
Rainer Heinsohn                            Scott McCollister
Head of Corporate Communications           Head of Investor Relations
                                           Tel:  +49(0) 47 21 - 7 18 - 454
Tel:  +49(0) 47 21 - 7 18 - 453            Fax: +49(0) 47 21 - 7 18 - 373
Fax: +49(0) 47 21 - 7 18 - 373             Scott.McCollister(at)pnewind.com
Rainer.Heinsohn(at)pnewind.com

WKN AG
Catrin Petersen
Head of Communication & Marketing
Tel:  +49(0) 48 41 - 89 44 - 100
Fax: +49(0) 48 41 - 89 44 - 225
Catrin.Petersen(at)wkn-ag.de


End of Media Release

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Issuer: PNE WIND AG
Key word(s): Energy

31.03.2016 Dissemination of a Press Release, transmitted by DGAP - a service
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   Language:    English                                                     
   Company:     PNE WIND AG                                                 
                Peter-Henlein-Straße 2-4                                    
                27472 Cuxhaven                                              
                Germany                                                     
   Phone:       04721 / 718 - 06                                            
   Fax:         04721 / 718 - 200                                           
   E-mail:      [email protected]                                            
   Internet:    http://www.pnewind.com                                      
   ISIN:        DE000A0JBPG2, DE000A0B9VG7, , DE000A1R0741, , DE000A12UMG0  
   WKN:         A0JBPG, A0B9VG, , A1R074, , A12UMG                          
   Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,   
                Stuttgart                                                   
 
 
   End of News    DGAP Media  
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