Federal Environmental Approval for NaiKun Wind Positions Northern B.C. to Become Canada's First Offshore Wind Producing Region

NaiKun Wind Energy Group (TSX VENTURE:NKW) ("the Company") announced today that
its offshore wind energy project has been granted a federal screening decision,
confirming that Canada's first offshore wind project can be constructed with no
significant environmental, social or health effects.


"This is an exciting and noteworthy milestone for NaiKun Wind and for British
Columbia," said NaiKun Wind's CEO Michael O'Connor. "The NaiKun Wind project
offers a superior renewable, green energy resource, with ideal wind conditions -
better than 10 metres per second average annual wind speed. With environmental
approvals in place we are confident that NaiKun Wind is well positioned to
become Canada's first offshore Wind Energy Project and the beginning of the
development of the remarkable north coast wind energy field."


The decision states that the NaiKun Wind Project met the requirements of the
Canadian Environmental Assessment Act (CEAA) and successfully concludes the
harmonized environmental assessment review process. Responsible federal agencies
are now authorized to issue the required construction and operating permits,
including a Navigable Water Protection Act Approval and Fisheries Act
Authorization.


"The successful conclusion of the federal environmental review process, together
with the many other milestones we have reached, validates the extensive work
undertaken by the Company," said Mr. O'Connor. "We look forward to continuing to
work with our First Nations and community partners, along with provincial and
federal agencies, in developing the project to ensure that it is built to the
highest environmental standards."


As part of the environmental review process, NaiKun Wind made numerous
commitments carefully designed to maximize project benefits and ensure a
rigorous environmental management program.


Clean energy produced by the NaiKun Wind project will displace approximately
450,000 tonnes of greenhouse gas emissions annually, with the HaidaLink proposal
replacing the 26,000 tonnes of diesel fuel currently burned each year to provide
power on Haida Gwaii. The project is expected to result in at least 500 direct
jobs during construction and 50 permanent jobs for maintenance and operations
and over $400 million in direct expenditures in the province during
construction, of which at least $250 million will benefit North Coast
communities.


The NaiKun Wind project is at an advanced stage of development, with agreements
in place with key suppliers and First Nations and is now in a position to begin
construction within two years of receiving an energy purchase agreement.


NaiKun Wind Energy Group Inc. is a British Columbia-based renewable energy
company with offices in Vancouver, Masset and Skidegate. Located on B.C.'s
northwest coast, where the wind resource is one of the strongest and most
consistent in the world, NaiKun Wind's 396MW offshore wind project would
generate enough energy to provide electricity to 130,000 B.C. homes. For more
information on NaiKun Wind, please visit www.naikun.ca.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward-looking statements, including statements regarding the business
and anticipated financial performance of the Company. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements. The Company
does not undertake to update any forward looking statements, oral or written,
made by itself or on its behalf.