Milestones

December 20, 2002

Comissioning of the 500th REpower MD70/77 turbine

December 13, 2002

Foundation stone for the new office building in Hamburg, Germany laid

November 14, 2002

Listing in Nemax50, nine months after the IPO

October 21, 2002

Market entry Canada: formation of the REpower Wind Corp. joint venture

July 23, 2002

Market entry in Australia: formation of the Notus Energy Pty. Ltd. Joint

June 17, 2002

Development of the world´s largest rotor blade for the REpower 5M commences

May 27, 2002

Construction of the prototype of the REpower MM 70 with a power rating of 2 megawatts

March 26, 2002

Initial Public Offering of REpower Systems AG

February 26, 2002

Market entry in Japan: distribution and license agreement with Meidensha Corporation