8.9.2003: Meldung: Vestas Wind Systems A/S: Changes in Insiders" holding

Ringkøbing, 8 September 2003
Stock Exchange announcement no. 18/2003

Announcement on changes in Insiders" holding of Vestas shares
In accordance with Section 37 of Danish Securities Trading Act, Vestas Wind Systems A/S is required on a daily basis to publish Insiders" trading in Vestas shares, in case net trading for the Insiders and their intimates as a group exceeds DKK 50,000. Please find below a statement of the trading in the Vestas share by Insiders as reported to Vestas Wind Systems A/S on 5 September 2003 (securities code DK0010268606).

Net number of shares sold 2,260
Net market value of traded shares DKK 305,823
The Insiders" total holding 290,036
Market value of the Insiders" holding DKK 40,460,022

The market value of the Insiders" holding is calculated based on the closing price of
Vestas shares on the Copenhagen Stock Exchange A/S on 5 September 2003 (share
price DKK 139.50).

Any questions may be addressed to the Board of Management at Vestas Wind
Systems, phone +45 96 752575.
Yours faithfully,
Vestas Wind Systems A/S
Svend Sigaard
Managing Director, CEO