RNS Number:6511J
Clipper Windpower PLC
28 September 2006

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE
           UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO US PERSONS


                                                               28 September 2006


                             CLIPPER WINDPOWER PLC

                    RESULTS OF PLACING OF 10,658,452 SHARES


Clipper Windpower Plc (London Stock Exchange: AIM-CWP) (together "Clipper"), a
leading manufacturer of advanced wind turbines and developer of wind energy
projects, announces the successful completion of the placing described below.

Further to this morning's announcement, Clipper is pleased to confirm that,
following the successful completion of the bookbuild process, 9,504,852 new
shares of 10 pence each in Clipper (the "New Shares") have been placed by Lehman
Brothers at a price of 480 pence per share raising gross proceeds of #45.6
million.  The New Shares being issued represent just under 10 per cent. of
Clipper's ordinary share capital immediately prior to the Placing.

In addition, 1,153,600 shares have been sold by Lord Moynihan.

The New Shares are being placed conditional upon admission to trading on the
Alternative Investment Market of the London Stock Exchange plc ("Admission").
Application has been made for the Admission of the New Shares and it is expected
that Admission will become effective and dealings in the New Shares will
commence on 4 October 2006.  Subject to these conditions being satisfied, the
New Shares will be issued fully paid and will rank pari passu in all respects
with Clipper's existing ordinary shares.


For further information, please contact:

Clipper
Colin Moynihan, Director                                  + 44 20 7820 1078

Lehman Brothers                                           + 44 207 102 1000
Stephen Pull
Madelaine McTernan

M:Communications                                           +44 207 1531 547
Patrick d' Ancona


This announcement was approved by the Board of Directors on 28 September 2006.


Lehman Brothers is acting for Clipper and no-one else in connection with the
Placing.  Lehman Brothers will not be responsible to anyone other than Clipper
for providing the protections afforded to its client nor for providing advice in
relation to the Placing or any other matter referred to in this announcement.

Application has been made to transfer the shares under the stock line bearing
the ISIN code GB00B0K2G073 and SEDOL code B0K2G07, which were previously traded
as part of a different line of stock from the remainder of Clipper's issued
share capital, to the stock line which includes the New Shares and the Sale
Shares, which bears the ISIN code GB00B09H7Z56 and SEDOL code B09H7Z5.  Both
lines of stock comprise ordinary shares of 10 pence each in the share capital of
the Company and which are fully paid and rank pari passu. The Company's issued
share capital, as enlarged by the Placing is 105,513,459.

Neither this press release nor any copy of it may be taken or transmitted into
the United States, Australia, Canada or Japan or to US Persons.  This press
release does not constitute or form part of any offer or invitation to sell, or
any solicitation of any offer to purchase nor shall it (or any part of it) or
the fact of its distribution, form the basis of, or be relied on in connection
with, any contract therefore. The offer and the distribution of this press
release and other information in connection with the listing and offer in
certain jurisdictions may be restricted by law and persons into whose possession
any document or other information referred to herein comes should inform
themselves about and observe any such restriction.  Any failure to comply with
these restrictions may constitute a violation of the securities laws of any such
jurisdiction.

This communication is only directed at (i) persons who are outside the United
Kingdom or (ii) to investment professionals falling within Article 19(5) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "
Order") or (iii) high net worth entities, and other persons to whom it may
lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order
(all such persons together being referred to as "relevant persons").  The
securities will only be made available to, and any invitation, offer or
agreement to subscribe, purchase or otherwise acquire such securities will be
engaged in only with, relevant persons.  Any person who is not a relevant person
should not act or rely on this communication or any of its contents.

These materials are not an offer for sale of any securities of Clipper in the
United States.  Any securities of Clipper may not be offered or sold in the
United States or to US Persons within the meaning of Regulation S of the
Securities Act absent registration or an exemption from registration under the
U.S. Securities Act of 1933, as amended (the "Securities Act").  Clipper has not
registered and does not intend to register any portion of the offering in the
United States or to conduct a public offering of any securities in the United
States.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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