Expansion of incentive programme

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The Board of Directors has decided to expand the existing incentive programme   
(cf. stock exchange announcement No. 22 of 22 May 2007) in connection with the  
appointment of Lars A Andersen as  President of Vestas China, Phil Jones as     
President of Vestas Spare Parts and Morten Albæk as Senior Vice President of    
Group Marketing & Customer Insight. A total of 21,970 options will be allotted  
to Lars A Andersen, Phil Jones and Morten Albæk. The granting will take place in
connection with the Board of Directors' approval of the annual report for 2009. 
The terms and conditions of the options are equivalent to the terms and         
conditions of the options issued in May 2007. The main terms and conditions are:

The allotted options entitle the participants to buy shares from the company's  
treasury shares at a share price of 380.50.                                     

The options may be exercised for a period of two years, when three years have   
passed after granting. Exercise may only take place during the periods in which 
executives may trade the company's shares in accordance with the company's      
internal rules.                                                                 

The participants must for a period of three years after exercise of the options 
hold shares in the company corresponding to 50 per cent of the profit gained by 
the participants after deduction of calculated tax.                             

The participants must be employed at the time of granting.                      

The options will lapse if the participants terminate the employment themselves. 

Based on the Black-Scholes model, the value of the options is estimated at DKK  
4,826,809. The following assumptions are included in the calculation: Share     
price: 303.50, volatility: 88.3 per cent, a risk-free rate of 3.27 per cent     
equivalent to the interest rate of Danish 4 per cent government bonds expiring  
in 2017. The calculation is based on the condition that no dividend will be paid
during the term.                                                                

Contact details:                                                                
Vestas Wind Systems A/S	
Ditlev Engel, President and CEO	
Tel.: +45 9730 0000	

Vestas Wind Systems A/S                                 
Peter Kruse, Senior Vice President, Group       
Communications                                                                  
Tel.: +45 9730 0000

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