The supervisory board and management board of REpower Systems AG have published their joint reasoned opinion concerning the increased takeover offer of AREVA Group which had been submitted to REpower on 15 March.

Therein, supervisory board and management board both approve the offer of AREVA, which provides a takeover price of € 140.00 per share (equalling a total value of about € 1.14 billion) and recommend to accept the offer. The complete reasoned opinion is available at www.repower.de