Expansion of incentive programme
Company announcement from
Vestas Wind Systems A/S
Randers, 1 October 2007
Company announcement No. 33/2007
Expansion of incentive programme
In connection with Mr Juan Araluce taking up the position of President of Vestas
Mediterranean A/S as from today, we hereby announce that he at the same time
will be joining Vestas Wind Systems A/S' existing incentive programme for the
Executive Management and selected executives in the Group. The allotment will
take place in the period from 2007 to 2009, and the terms and conditions of the
options are equivalent to the terms and conditions of the options issued in May
2007, cf. company announcement No. 22/2007 of 22 may 2007.
Any questions may be addressed to Mr Ditlev Engel, President and CEO, or Peter
Wenzel Kruse, Vice President of Group Communications at Vestas Wind Systems A/S,
+45 9730 0000.
Yours sincerely
Vestas Wind Systems A/S
Ditlev Engel
President and CEO