NaiKun Wind Energy Group Inc.

NaiKun Wind Energy Group Inc.
NaiKun Wind Development Inc.

NaiKun Wind Development Inc.

November 30, 2006 18:46 ET

NaiKun Opens Vancouver Office

Oceanic Plaza to be new headquarters for offshore wind energy company

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 30, 2006) - Ray Castelli, President of NaiKun Wind Development Inc. ("NaiKun") (TSX VENTURE:NKW), announced today that NaiKun has completed its move to its new corporate office at Oceanic Plaza in Vancouver. The new location will bring together all of the functions of the wind energy operation and the Uniterre division.

The new office is another step in the development of NaiKun's business plan and will house the energy planning, community relations, construction design and engineering staff that are dedicated to the development of the NaiKun wind energy project located in Hecate Strait between Haida G'waii (the Queen Charlotte Islands) and Prince Rupert on the British Columbia mainland.

"We are very pleased to have such an experienced and talented team together in our new location," said NaiKun President, Ray Castelli. This office will also serve as a centre of operations for NaiKun as it prepares for a successful bid in BC Hydro's F2007 call for power," he added.

The new office contact information is:

NaiKun Wind Energy Group
Oceanic Plaza, Suite 1705 - 1066 West Hastings Street
Vancouver, BC V6E 3X1
Ph: 604-639-8460
Fax: 604-685-4215

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

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 the 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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