Arise Windpower signs agreement for eight 2.0 MW turbines from Vestas for the Idhult wind farm under construction                                             

 Arise Windpower AB today signed an agreement covering eight Vestas 2.0 MW turbines, to be delivered during the autumn of 2010. The turbines are intended for the Idhult wind farm in Mönsterås municipality, which has received a permit and has thus begun construction.                                                

The eight turbines, with an aggregate output of 16 MW, will be dispatched under the previous frame agreement between Vestas and Arise Windpower for 60 turbines.

 The Idhult wind farm is Arise Windpower's fifth. The anticipated start-up date is prior to year-end 2010-2011, in line with the company's expansion plans.     

 For further information, please contact                                         
 Peter Nygren, CEO, Arise Windpower AB                                                                              
 +46 706 300 680                                                                 
 [email protected]                                                  

 Bo Rydlinger, IR, Arise Windpower AB                                            
 +46 703 300 853                                                                             
 [email protected]                                                  

 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.                                                           
 www.arisewindpower.se                                                           

Aries Windpower AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 31 March 2010 at 15.30.

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