Investing in tomorrow s energy, today

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1 Investing in tomorrow s energy, today Track record 2009 vestas.com

2 Track record by turbine type* Turbine type Quantity Total MW Other 26,506 13,907 V kw 3,424 2,910 V MW 1,016 1,829 V MW 2,723 5,446 V MW V MW 2,610 4,306 V MW V MW 2,523 5,017 V MW 1,341 4,023 Total 40,659 38,303 * Delivered Vestas wind turbines as of 31 December 2009.

3 Vestas makes investing in wind energy more secure, and more predictable... At Vestas, we believe in focusing on what we do best generating ever cleaner and more sustainable energy from the power of the wind. It s all we do. We are dedicated solely to the development, manufacture, sales and maintenance of wind turbines. For our business, there is no second option. We have been doing it for over 30 years, and our continued success in wind energy depends wholly on the success of our customers. The fact that we are exclusively a wind power company means we are committed to ensuring that the risks inherent in the energy business are minimised. And it s why we put so much effort into making sure our partners receive a stable, consistent return on their investment over the whole lifecycle of their turbines. We understand that investing in wind energy is a medium to long term investment, with a typical investment horizon of 20 years. But while our partners 20-year return on investment target is crucial, their cash flow over the intervening period is equally critical. Because of this, we invest heavily in our service capabilities, so we are confident in our ability to stabilise our partners cash flow and manage the operational risks of their turbines. Building on over three decades of experience, we have developed a finelytuned programme that removes the year-to-year variance in wind farm costs. And our robust and tailor-made service packages ensure that the wind farm s actual performance is in line with its forecast performance. By focusing on the priorities of our partners in this way, we help make sure their cost of energy year-on-year is more predictable and consistent. For us, making sure that our turbines perform as efficiently and effectively as they should, every hour of every day, wherever in the world they are sited, is a key part of delivering business case certainty. It s why we invested in our state-of-the-art Performance and Diagnostics Center, the largest wind energy research, development and testing facility in the world. Through the Performance and Diagnostics Center, we capture data from over 15,000 wind turbines around the world, totalling over 26,200 MW 20 per cent of worldwide installed wind capacity. The result is the world s largest set of wind turbine data. It provides us with the complex information and sophisticated tools we need to spot any issues or anticipate possible anomalies quickly and accurately, so our partners benefit from maximum turbine performance and minimum maintenance costs and downtime. Delivering the business case certainty of investing in wind energy over 10, 20 or even 30 years, also means knowing how to collaborate closely and communicate effectively with our partners, not only today or next month, but for the life of their investment.

4 Track record by country* Country Quantity Total MW Argentina Aruba Australia Austria Azerbaijan Belgium Brazil Bulgaria Canada 953 1, Cape Verde Caribbean Islands Chile China 2,043 2, Costa Rica Croatia Cuba Czech Republic Denmark 4,908 2, Country Quantity Total MW Egypt Finland France Germany 5,754 7, Greece Hungary India 4,084 2, Iran Israel Italy 2,059 2, Jamaica Japan Jordan Kenya Latvia Lithuania Luxemburg Malaysia

5 Country Quantity Total MW Mauritius Mexico Morocco Netherlands 1,277 1, New Caledonia New Zealand North Korea Norway Peru Philippines Poland Portugal Republic of Ireland Romania Russia Slovakia South Africa Country Quantity Total MW South Korea Spain 2,604 3, Sri Lanka Sweden Switzerland Taiwan Thailand Turkey USA 10,573 7, United Arabian Emirates United Kingdom 953 1, Uruguay Total 40,659 38, * Delivered Vestas wind turbines as of 31 December 2009.

6 Committed to providing business case certainty We have the expertise and the technology to help our customers maximise their investment in wind power. And we re proud that our customers think so, too... We are very happy with the performance of our wind farm, Cormainville, which has 30 V MW turbines and has been installed since The turbines are running well and Vestas is providing an exceptional service: the local Vestas service provider is proactive whenever they sense trouble with the turbines, we are well informed about what s happening on site, and inventory management has improved considerably over the last couple of years. We can confidently say that Vestas is committed to providing us with business case certainty for this park. The company shows a clear understanding that if our turbines are not performing as efficiently as they could be, then we are losing money - and it acts accordingly. All in all, the way Vestas is behaving to us, is all what a customer can expect from a wind supplier. Daniel Leuchtmann, Technical Director, Difko Tech A/S Customer: Difko Country: France Site name: Cormainville Installed capacity: 30 V MW Installation year: 2006

7 Global partner At Vestas, collaboration, communication and partnership are central to our approach to doing business. We work hard to make sure our customers feel valued and respected as commercial partners with whom we share a mutual interest in wind power. We listen to what they need, and we understand their concerns and their priorities. What s more, we are a global wind energy company. We now operate in 65 countries, providing jobs for over 20,000 people at our service and project sites, research facilities, factories and offices all over the world. Wherever we can, we capitalise on our global footprint by using local production. By producing the majority of our components locally, using local labour and knowing the local markets, we are able to be more proactive and responsive to the needs of our partners, helping to avoid unnecessary delays and enabling us to deliver projects on time and on budget. It also means that wherever our partners are based, Vestas is always on hand to support them, delivering the maximum return on their investment in wind energy.

8 No. 1 in Modern Energy Vestas Wind Systems A/S Alsvej Randers SV Denmark Tel: Fax: /2010-EN vestas.com

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