Communicators

Deutsche Environmental & Renewable Energy PLC gives a Corporate Mission Statement

London, 03.03.2009: At the annual general meeting of the Deutsche Environmental & Renewable Energy PLC "(DE/RE) (WKN: A0MLZH) (Symbol: FUN.F) the new elected CEO Floor Mouthaan was very satisfied with the results of the AGM and can continue the proposed realignment and restructuring as planned. Mr. Mouthaan also reported about the last business year and gives a corporate mission statement.

Most important decisions are the realignment of the company and the necessary resolutions. This realignment of DE/RE provides that the business of DE/RE is changing to an investment company in the environmental and renewable energy sector. Due to the existing staff expertise and the necessary know-how in this sector, the management recognizes the high potential to bring the company in a profitable position. This includes also that Mr. Floor Mouthaan joined the operational management team as a CEO and a CFO who has to be appointed in the next days.

The concept how to bring the company in a perfect market position was presented on the AGM and was accepted by the attendees.

• DE/RE will be restructured to an investment and asset management company for alternative energy resources and solutions.
• DE/RE will generate a significant growth level on a short to medium term through building an asset portfolio of Cleantech companies and Clean Energy companies
• The Management will look to maximise returns and reduce investment risk through an active investment approach and an ability to provide important value added services to portfolio companies throughout the life of an investment.
• combination of senior level management experience in the fields of engineering, consulting and financial engineering
• Two supporting operational offices in Eindhoven (The Netherlands) and Osnabrück (Germany). A representative office in Washington, DC is planned for the end of the first quarter 2009.
• Development of a high class advisory team for all separate investment sectors
• Development of a political and economical network

The new CEO Floor Mouthaan:” It is exciting to announce these changes within DE/RE. The direction of the company including new capital measures and management changes will lead to the structuring of a multi-national company in the cleantech & renewable energy sector. Recent months have shown that specific sectors such as Windenergy and Waste management are in the focus of political processes, the press and the public interest. New initiatives partly influenced by the current measures can give strong impulses to the global economy. The second quarter 2009 will be used to work under new management and to finalize ongoing negotiations with strategic partners.”

Overall the new management of DE/RE believes that the new concept and the realignment have positive effects also for the Shareholders of DE/RE.

Further Information can be found on the DE/RE website at www.dereplc.com.

Contact
Deutsche Environmental & Renewable Energy PLC
2nd Floor, Lynton House
7-12 Tavistock Square
London WC1H 9BQ
United Kingdom

Phone: +44 20 3287 7283
E-Mail: info@dereplc.de


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