NaiKun Wind Energy Group Inc.
TSX VENTURE : NKW

NaiKun Wind Energy Group Inc.
NaiKun Wind Development Inc.

NaiKun Wind Development Inc.

November 10, 2006 16:23 ET

CORRECTION FROM SOURCE: NaiKun Engages Sandwell Engineering for Offshore Wind Project Support

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 10, 2006) - The following corrects and replaces the release sent on Nov. 9, 2006 @ 5:38 pm ET. The first paragraph, only sentence now includes "...the electrical engineering of...". The corrected release follows.

Ray Castelli, President of NaiKun Wind Development Inc. ("NaiKun"), (TSX VENTURE:NKW) announced today that NaiKun has engaged Sandwell Engineering Inc. ("Sandwell") with support from Elsam Engineering A/S - a part of Dong Energy from Denmark to provide project support for the electrical engineering of the NaiKun Wind Farm.

When fully operational, the 1,750 MW offshore NaiKun Wind Farm, located in the waters of Hecate Strait between Haida G'waii (the Queen Charlotte Islands) and Prince Rupert on the British Columbia mainland will be one of the world's largest offshore wind farm developments.

Sandwell's involvement to date has seen the successful deployment of wave and current measuring equipment in Hecate Strait. In 2007, activity will include implementation of a seabed survey and a geotechnical program for the wind farm site and the submarine cable route. This will be followed by the preparation of preliminary engineering, procurement planning, and cost estimates to prepare NaiKun for full project implementation.

Vancouver-based Sandwell is an acknowledged leader in the global energy, infrastructure, bulk handling, industrial process, and ports, marine and offshore engineering sectors. With over 75 years of experience as one of BC's largest locally owned engineering contractors, Sandwell has a rich history in providing positive economic and sustainable engineering solutions throughout the Province and around the world.

Elsam Engineering A/S - a part of Dong Energy from Denmark is one of the world's foremost offshore wind energy specialists. They are engineers of one of the world's largest operational offshore wind projects, the 160 MW Horns Rev offshore wind farm.

NaiKun Wind Development Inc. has been engaged in wind energy development in the Haida Energy Field off the coast of British Columbia since 2001. When fully operational, its five-phase 1,750 MW NaiKun Wind Farm will generate enough electricity to power 600,000 homes. Construction of Phase 1 is expected to begin in 2009. NaiKun Wind Development Inc. is a wholly owned subsidiary of NaiKun Wind Energy Group. Interested parties are invited to visit the company's website at www.naikun.ca

NaiKun Wind Energy Group Inc. is a Vancouver-based energy company that has traded on the TSX Venture Exchange (and its predecessors) since 1967. Its stock symbol is NKW. Since 2000, the company has focused on renewable energy and is now concentrating on development of a major wind farm in British Columbia's Hecate Strait.


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

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