Vestas Wind Systems A/S reported earnings results for the first quarter ended March 31, 2008. For the quarter, the company reported that revenue of €701 million against €760 million in the first quarter of 2007. EBIT climbed 70% to €34 million. Profit after tax was €33 million compared to €17 million for the same period a year. Profit after tax was €33 million compared to €17 million for the same period a year ago. The earnings improvement relative to the first quarter of 2007 is attributable to higher prices and ever more efficient operations. The company reaffirmed revenue guidance for the full year of 2008. EBIT margin is expected to continue to improve to 10-12% on projected revenue of €5.7 billion.

Vestas Wind Systems A/S, Q1 2008 Earnings/Operating Results Call, May-08-2008

Vestas Wind Systems A/S has received an order for 34 units of the V90-3.0 MW wind turbine for the Touti?project, located in the district of Coimbra in the central part of Portugal. The order has been placed by Enersis SGPS, S.A. The contract consists of supply, installation, commissioning of the wind turbines, a VestasOnlineTM Business SCADA solution, as well as a five-year service agreement. The wind power plant is estimated to produce 264 GWh per year which will save the environment from approx 164,000 tons of CO2 emissions. Furthermore, the wind power plant will cover the yearly electricity consumption of approx 102,000 Portuguese households. Delivery of the wind power plant is expected to start during the autumn of 2008 and will be completed during the autumn of 2009.