Group
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05/06/2009
Martifer announces completion of payment relating to REpower

In respect to the information of 28 May 2009, Martifer SGPS SA (‘Martifer’) informs that today was completed the final payment of circa 87,6 million euros related to the third and final tranche on the payment schedule agreed with the Suzlon Group related to the sale of Martifer’s stake in REpower Systems AG (‘Repower’).

Martifer informs that during 2009 a total of 205 million euros was received and an after tax gain of circa 161 million euros will be recorded in the second quarter of 2009. Martifer will publish first half of 2009 results on 27 August.

Additionally Martifer further informs that a total of 270 million euros was received for its stake in Repower and that from today Martifer no longer holds any shares in Repower.