NaiKun Wind Energy Group Inc.
TSX VENTURE : NKW

NaiKun Wind Energy Group Inc.
NaiKun Wind Development Inc.

NaiKun Wind Development Inc.

December 15, 2006 15:32 ET

NaiKun Wind Energy Group Inc. and NaiKun Wind Development Inc.: Danish Environmental Study Issues Positive Report on Impact of Offshore Wind Farms

Eight years of data on birds, fish, seals and benthic life collected at world's two biggest offshore wind farms

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 15, 2006) - NaiKun Wind Energy Group Inc. (TSX VENTURE:NKW) and NaiKun Wind Development Inc. -

A recently released Danish report on the environmental issues surrounding offshore wind farms has produced very favorable results. The study, based on eight years of data collected at two of the world's largest offshore wind farms, includes sections on fish, birds, seals, and benthic life as well as socioeconomic impacts.

The report entitled, Danish Offshore Wind - Key Environmental Issues, addresses the findings of an ongoing environmental monitoring program. The program was established to chart environmental conditions before, during and after the construction of Denmark's Nysted and Horns Rev offshore wind farms.

The report concludes that in both cases there has been "very little impact on the environment neither during their construction, nor (sic) during their operational phases." The report also contains a positive evaluation by the International Advisory Panel of Experts on Marine Ecology, an independent panel of five academics chosen for their international reputation and expertise.

The two wind farms studied are multi-turbine installments similar to the current NaiKun wind farm project under development. The report concludes that "under the right conditions, even big wind farms pose low risks to birds, mammals and fish, even though there will be changes in the living conditions of some species by an increase in habitat heterogeneity."

NaiKun President, Ray Castelli, was encouraged by the findings. He commented, "These findings do provide evidence that offshore wind farms, like the NaiKun proposal, can be built and operated with minimal impact on the environment. It also underscores the importance of careful planning, collaboration with stakeholders and appropriate sitting of the wind project. Naikun is committed to working with the First Nations and other stakeholders to ensure our project achieves similar results."

A copy of the report can be obtained at the following link: http://www.ens.dk/graphics/Publikationer/Havvindmoeller/havvindmoellebog_nov_2006_skrm.pdf

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.

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

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