5.3.2007: Meldung: AAER INC.: private placement

AAER announces private placement
Friday March 2, 3:00 pm ET

MONTREAL, March 2 /- AAER Inc. ("AAER") wishes to clarify its previous press release issued on February 19, 2007 in connection with the closing of a private placement of 3,284,856 units at $0.35 per unit, resulting in gross proceeds of approximately $1,150,000 being received by AAER, and more particularly with respect to the finder"s fee payable to the registered dealers who assisted in the private placement. Such registered dealers received an aggregate cash commission of $109,970, representing 10% of the gross proceeds of the private placement with respect to 3,142,000 units. In addition, 314,200 common share purchase warrants were issued to such registered dealers, each such warrant entitles the holder thereof to acquire one common share at a price of $0.60 for a period of two years following the issuance of the common share purchase warrant. The common share purchase warrants issued are subject to a four month hold period following the issuance thereof during which no transactions are permitted.

About AAER Inc. (TSX-V: AAE - News)

AAER is a wind turbine manufacturer, located in Bromont (QC), built on a progressive vertical integration strategy. Its mission is to integrate, manufacture, distribute and maintain high-capacity wind turbines from 1 to 1.5 MW in North America. AAER uses proven European technologies to ensure high performance of its wind turbines in various wind conditions and complex terrain. Its stock is listed on the TSX Venture Exchange (AAE). Further information is available on the Company"s website at www.aaer.ca.

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.

For further information

AAER Inc.: Dave Gagnon, President, (450) 534-5155, www.aaer.ca

Source: AAER INC.
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