Vector Wind Energy Inc.

Vector Wind Energy Inc.

February 28, 2005 13:35 ET

Vector Wind Energy Inc.: Hon. Donald S. Macdonald Appointed as Chairman


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: VECTOR WIND ENERGY INC.

TSX VENTURE SYMBOL: VWE

FEBRUARY 28, 2005 - 13:35 ET

Vector Wind Energy Inc.: Hon. Donald S. Macdonald
Appointed as Chairman

OTTAWA, ONTARIO--(CCNMatthews - Feb. 28, 2005) - Vector Wind Energy Inc.
(TSX VENTURE:VWE) announced today that the Honourable Donald S.
Macdonald has been appointed chairman of the company's board of
directors.

"It is a real honour to have Don Macdonald as our chairman", said Brian
Barr, President and CEO of Vector,"...his wealth of experience at the
highest levels of government and industry will help us become a leader
in the Canadian wind industry."

First elected to the House of Commons in 1962, Mr. Macdonald represented
the riding of Toronto-Rosedale for 16 years. He held several cabinet
positions in the Trudeau governments including Minister of Energy and
Minster of Finance. After leaving federal politics in 1978, Mr.
Macdonald continued to make key contributions to Canadian public policy.
His 1985 report as chair of the Royal Commission on the Economic Union
and Development Prospects for Canada led directly to the Canada U.S.
free trade agreement of 1988. His work as chairman of the Advisory
Committee on Competition in Ontario's Electricity System in 1995 and
1996, pointed the way for the creation of a wholesale electricity market
in Ontario and encouraged the development of the renewable energy
industry in that province.

In recent years Mr. Macdonald has been a member of the business law
group for Lang Michener LLP where he is the Senior Advisor on Public
Policy. He has also lectured at the University of Toronto Law School
and has spoken and written widely on Canadian public affairs with
particular emphasis on Canada-U.S. trade relations. Mr. Macdonald is a
former chairman of the Institute of Corporate Directors and the Canadian
Council for Public-Private Partnerships and a former board member of
several major Canadian companies. Mr. Macdonald continues to hold
several trustee and corporate directorships including two in the energy
sector; the Energy Savings Income Fund and the Clean Power Operating
Trust.

Mr. Macdonald will also sit as a member of Vector's audit and
compensation committees.

Vector Wind Energy Inc. is a developer of wind energy projects in
Canada. It is currently active in 6 provinces and Nunavut with 10
projects at various stages of exploration and development. These
projects have the potential to support over 250MW of wind energy
capacity.

Certain statements in this press release may constitute forward looking
statements which are subject to risks and uncertainties regarding future
events. Words such as "believes", "expects", "anticipates" or similar
expressions are examples of forward looking statements. Please refer to
our publicly filed documents for a more complete discussion of risk
factors to which our company is subject.

Shares Outstanding: 13,488,634

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Vector Wind Inc.
    Brian J. Barr
    President
    (613) 233-9463 Ext. 224
    bjbarr@vectorwind.com
    www.vectorwind.com
    The TSX Venture Exchange has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this press release.