Decisions of annual general meeting in Greentech Energy Systems A/S

Herlev, 18 May 2008


Company Announcement No. 16/2009


The Annual General Meeting of Greentech Energy Systems A/S was held today.

The shareholders at the general meeting adopted the Board of Directors' report
on the activities, the annual report and the distribution of the result for the
year as proposed in the financial statements. 

The shareholders at the general meeting elected a Board of Directors consisting
of the following members: 

Svend Sigaard
Morten Windfeldt Jensen
Torkil Bentzen
Steen Parsholt
Kaj Andreassen
Mogens Filtenborg

The Board of Directors subsequently elected Svend Sigaard as its new Chairman. 

A large group of Greentech's shareholders supported the election of a new Board
of Directors. The group of shareholders finds that the current market
conditions have such a significant impact on the Company strategy that it
requires a new Board of Directors which, together with the Management, can lay
the foundation for the Company's future operations. 

In connection with the election of new board members, the group of shareholders
expresses its support for Greentech, which they believe is a company with sound
assets and an attractive growth potential in the wind power industry. 

During the discussion of the proposals submitted by the Board of Directors, it
was announced that, due to the agreements concluded with EDF Energies
Nouvelles, the Board of Directors wished to withdraw the proposal for an
increase of the authorisation to issue convertible debt instruments. The other
resolutions proposed by the Board Directors were passed. The Board's
authorisation to acquire own shares was extended until the next annual general
meeting. 

The shareholders re-appointed PricewaterhouseCoopers as the company's auditors.



The Board of Directors


For further information please contact:
Svend Sigaard, Chairman of the Board of Directors, tel. +45 23 68 24 02