NaiKun Wind Energy Group Inc.

NaiKun Wind Energy Group Inc.

November 29, 2006 20:38 ET

NaiKun Announces Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 29, 2006) - Mr. Michael C. Burns, Chairman of NaiKun Wind Energy Group Inc. ("the Company") (TSX VENTURE:NKW), announced today that stock options have been granted to the directors and officers of the Company, pursuant to the terms of the Company's stock option plan. The options are exercisable for a period of five years at a price based on today's close.

It was resolved that the following individuals be granted options to purchase shares in the amounts stated below:

Name Shares
---------------- -------

Michael Altman 462,500
Michael C. Burns 350,000
Ray Castelli 50,000
Ken McCready 50,000
Larry Blonde 50,000
Steve Sanders 50,000

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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