DONG Energy and Siemens enter into the world's largest offshore wind turbine agreement

Siemens is to supply up to 500 wind turbines to DONG Energy's coming offshore
wind farms in Northern Europe. 
 

Today DONG Energy and the Siemens Energy Sector signed an agreement for the
supply of up to 500 offshore wind turbines. 

The wind turbines to be delivered under the supply agreement have total
capacity of up to 1,800 megawatts, and will be deployed on DONG Energy's coming
offshore wind farms in Northern Europe. Permitting procedures and country
specific wind regime economics will determine where and when the individual
projects will be built. 

“Siemens and DONG Energy have a history of successful cooperation in relation
to construction and operation of offshore wind projects. With this agreement
the parties are jointly taking a quantum leap towards further streamlining the
construction of projects of this kind,” says Anders Eldrup, CEO of DONG Energy,
adding, 

“DONG Energy has built approximately half of all offshore wind farms in
operation in the world today. Entering into the largest single offshore wind
turbine supply agreement ever further strengthens DONG Energy's leading
position in this field and provides us with an important tool for implementing
our strategy of significantly expanding DONG Energy's position within
sustainable energy.” 
	
The wind turbines which Siemens will deliver under the supply agreement have a
capacity of 3.6 megawatts similar to the turbines in operation at DONG Energy's
Burbo Banks offshore wind farm and those being installed at DONG Energy's
Gunfleet Sands I+II project. 

The agreement provides Siemens the opportunity to further optimise its
production of wind turbines for offshore projects and to retain its position as
market leader in the supply of wind turbines for the offshore sector. 

“The agreement with DONG Energy is one of the biggest orders in the history of
Siemens,” said René Umlauft, CEO of the Renewable Energy Division of Siemens
Energy. “With this agreement we are taking the cooperation between DONG Energy
and Siemens to the next level. Together we have taken a big step towards
“industrialization” of the offshore wind business which is one of the fastest
growing renewable energy technologies.” 

DONG Energy and Siemens are leading players in the offshore wind industry and
have a history of working together on innovative projects. In 1991 the two
companies constructed the world's first offshore wind farm at Vindeby in
Denmark and have since then worked together on many offshore projects
including, for example, Middelgrunden near Copenhagen (Denmark), Nysted in
Southern Denmark, Burbo Bank in Liverpool Bay (UK) and the soon to be installed
Gunfleet Sands I+II (UK) and Horns Rev 2 (Denmark). 

The content of this announcement does not alter the profit outlook for the 2009
financial year or the expected capex level announced by DONG Energy on 6 March
2009. 



For further information, please contact:

DONG Energy 
Investor Relations
+45 9955 9750
		
DONG Energy 
Media Relations
Andreas Krog
+45 9955 2023

Siemens A/S
Tanja Thorsteinsson
+45 2670 2728



DONG Energy 
is one of the leading energy groups in Northern Europe. We are
headquartered in Denmark. Our business is based on procuring, producing,
distributing and trading in energy and related products in Northern Europe. We
employ approximately 5,500 and generated more than DKK 60 billion (approx. EUR
8.2 billion) in revenue in 2008. 
For further information, see www.dongenergy.com.

Siemens Energy Sector 
is the world's leading supplier of a complete spectrum of
products, services and solutions for the generation, transmission and
distribution of power and for the extraction, conversion and transport of oil
and gas. In fiscal 2008 (ended September 30), the Energy Sector had revenues of
approximately EUR22.6 billion and received new orders totaling approximately
EUR33.4 billion and posted a profit of EUR1.4 billion. On September 30, 2008,
the Energy Sector had a work force of approximately 83,500. 
Further information is available at: www.siemens.com/energy.