Arise

Share Issue/Capital Change • Apr 6, 2011

PRESS RELEASE Halmstad, 6 April 2011

Strike of warrants and increase of the share capital

Additional employees have exercised warrants of series 2008/2011. At the Board meeting on 10 April 2008 a directed issue of 11,000 warrants of series 2008/2011 was resolved with the authorization from the Annual general meeting on 28 February 2008. Warrants of the series have now been exercised to subscribe for 20,000 new shares in Arise Windpower AB (publ). In addition there are unexercised warrants issued to employees as further set forth in the listing prospectus.

The share capital in Arise Windpower AB (publ) will, after the registration of the new shares for the exercised warrants, amount to SEK 2,548,285.60 divided among 31,853,570 shares.

Halmstad, 6 April 2011 ARISE WINDPOWER AB (publ)

The information contained herein constitutes information which Arise Windpower AB is legally required to publish under the Swedish Securities Market Act (2007:528) and/or the Swedish Financial Instruments Trading Act (1991:980). The information was released for publication at 10.00 a.m. on 6 April 2011.

For further information, please contact

Peter Nygren, CEO Arise Windpower AB, +46 706 300 680 Leif Jansson, Investor Relations, +46 707 340 554

About Arise Windpower

Arise Windpower is one of Sweden's leading companies in onshore windpower. Arise Windpower's business concept is to sell electricity generated at the company's own onshore wind turbines in southern Sweden. The company is aiming to install and put into operation about 300 wind turbines with an annual output of about 2 TWh of green electricity by 2014. Arise Windpower is listed on NASDAQ OMX Stockholm. www.arisewindpower.se

Arise Windpower AB (publ), Box 808, SE-301 18 Halmstad, Sweden, tel. +46 (0)35 20 20 900, org.no. 556274-6726 E-mail: info@arisewindpower.se, www.arisewindpower.se