Vestas Wind Systems — Capital/Financing Update 2014

Mar 31, 2014

Vestas confirms signing and completion of its new five-year revolving credit
facility at a total amount of EUR 1bn

Aarhus, Denmark, 2014-03-31 16:57 CEST (GLOBE NEWSWIRE) --

With reference to company announcement No. 3/2014 of 3 February 2014, Vestas
hereby confirms signing and completion of its new five-year revolving credit
facility on 31 March 2014 at a total amount of EUR 1bn. The facility has been
successfully increased from the originally agreed total of EUR 850m and is now
arranged by a group of six banks comprising of Nordea, DNB, HSBC, SEB, Société
Générale and UniCredit.

Key commercial terms of the facility

Vestas confirms that the credit facility has been raised on attractive terms
that reflect the improved credit profile of Vestas and will provide a stable,
long-term financing platform that adequately supports Vestas’ objective of
profitable growth.

Key commercial terms attached to the facility include, inter alia:

-- A total credit facility amount of EUR 1bn.
-- A maturity of five years from the date of signing of the facility
documentation.
-- The facility provides for both cash drawings, with a sub-limit of EUR 500m,
and issuance of project-related guarantees.
-- The new facility is for general corporate purposes.
-- The new facility is unsecured.

Rothschild acted as financial adviser to the company in relation to the
refinancing and Nordea acted as coordinating bank.

Vestas is confident that the new credit facility will form a stable foundation
for its strategy of profitable growth. Going forward, Vestas will continue to
assess its debt financing requirements and options across all non-public and
public debt markets.

Contact details
Vestas Wind Systems A/S

Henrik Guldbæk Welch, Senior Vice President, Group Treasury, Tel.: +45 9730
8205 and

Lars Villadsen, Senior Vice President, Investor Relations, Tel.: +45 9730 7201