Company Announcement:

Vestas upgrades free cash flow expectations for 2013 to approx EUR 1bn


Based on preliminary reporting, Vestas upgrades the expectations for the 2013 free cash flow to approx EUR 1bn compared to the previous expectation of EUR 500-700m. The improvement is primarily driven by a better-than-expected development of the net working capital.

As earlier announced, the annual report for 2013 will be disclosed on 4 February 2014.

Contact details
Vestas Wind Systems A/S, Denmark
Lars Villadsen, Senior Vice President, Investor Relations
Tel.: +45 9730 7201