| Dr. Horst J. Kayser is appointed to the Board |
| 3W Power Holdings SA, the holding company of AEG Power Solutions, appoints Dr. Horst J. Kayser to the Board of Directors. On July 23, 2010 the shareholders of 3W Power Holdings SA approved the appointment. In May, Bruce A. Brock, CEO since 2005, announced that he would retire from the company. |