Board of Directors announces second capital repayment of EUR 2.50 per certificate

Jersey/Vienna, October 23, 2009 – On the basis of the authorization granted at the Annual General Meeting held on October 7, 2009, the Board of Directors of PI Power International Limited (PI) decided on October 9, 2009 to make a capital repayment in cash to shareholders of EUR 2.50 for each eligible certificate.
 
Oesterreichische Kontrollbank Aktiengesellschaft ("OeKB"), which holds 59,999,997 shares in the company on the account of certificate holders, will transfer the portion of the capital repayment received to the certificate holders by crediting the respective amounts to the account holding banks. This transfer will take place starting from October 30, 2009, based on the deposit account balances booked on October 29, 2009. OeKB will not receive any payments for treasury certificates held by the company.
 
Trading ex-capital repayment will take place starting on October 30, 2009.
 
This second capital repayment follows the initial capital distribution amounting to EUR 4.40 at the beginning of June 2009.