Arise Windpower AB (publ) has reduced the holding of its own shares with 12 000 shares. The sale of the shares has been made at a rate of SEK 50 per share and has made up a part of the payment in connection with the forming of new lease agreements.

After the sale the total number of own shares is 925 500, and the total number of outstanding shares in Arise Windpower AB (publ) is 31 561 070, the same amount as the number of registered shares. The sold shares have not been acquired by authorization of the Annual General Meeting to buy back shares, but have been acquired through a merger with a subsidiary and a former transfer of shares.

Halmstad 3 June 2010

ARISE WINDPOWER AB (publ)

The above information is such that Arise Windpower AB (publ) is required to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 3 June 2010 at 08.00 am.

For additional information, please contact

Peter Nygren, CEO Tel. +46(0)706-300 680
Bo Rydlinger, IR Tel. +46(0)703-300 853

About Arise Windpower
Arise Windpower is one of Sweden's leading land-based wind power companies. Arise Windpower's business concept is to sell electricity produced by its own land-based wind turbines in southern Sweden. The company's goal is to commission approximately 300 wind turbines by 2014 which will produce around 2 TWh of environmentally friendly electricity per year. Arise Windpower is listed on NASDAQ OMX Stockholm. Arise Windpower AB (publ), Box 808, 301 18 Halmstad, tel. +46 35 20 20 900, org.nr. 556274-6726 E-mail: [email protected], www.arisewindpower.se

(C) Copyright 2010 Arise Windpower EN All rights reserved