NKW Oceanic Wind Energy Inc

NaiKun Wind Energy Group Inc. ("NaiKun Wind") (TSX VENTURE:NKW) announced today
that effective June 15, 2010, Paul Taylor, President & CEO, will be leaving
NaiKun Wind and also resigning from the Board of Directors. Effective June 16,
2010, the Board of Directors has appointed Michael O'Connor as President & CEO
and director.


Mr. O'Connor joined NaiKun Wind in May 2008 serving as Senior Vice-President of
NaiKun Wind Energy Group Inc. Mr. O'Connor will also continue to serve as
President of the company's generation subsidiary, NaiKun Wind Generating Inc.
Prior to joining NaiKun Wind, Mr. O'Connor was Project Director for the
successful Canada Line Rapid Transit Project with SNC - Lavalin. He has also
served as President and CEO of BC Transit and CEO of Clearwater Technologies, a
developer and manufacturer of water and wastewater plant and distribution
systems.


"Michael O'Connor is the right person to lead NaiKun Wind as the company moves
beyond the Clean Power Call and undertakes a strategic review designed to
maximize shareholder value," said Philip Hughes, Board Chairman. "We also
continue to believe that the NaiKun Wind offshore project, given its scale and
advanced stage of development, will play an important role in addressing British
Columbia's climate change goals and future energy needs."


The Board of Directors sincerely thanks Mr. Taylor for his contribution to the
development and advancement of the NaiKun Wind offshore project and the
achievement of a number of significant milestones and partnerships.


The changes announced today support the corporate restructuring of NaiKun Wind
initiated on May 20, 2010, and the company's commitment to significantly reduce
its cost structure to sustain the development of the NaiKun Wind offshore wind
energy project. NaiKun Wind expects to reduce its annual operating costs from
$4.5 million to less than $2 million. NaiKun Wind will incur a one-time charge
of approximately $665,000 arising from the buy-out of Mr. Taylor's employment
agreement.


NaiKun Wind is also announcing that Steve Eckert has resigned from his role as
Senior Vice-President of NaiKun Wind, effective June 1, 2010, and that he has
assumed the new role of Senior Advisor. The Board of Directors thanks Mr. Eckert
for guiding the development of the NaiKun Wind project and for his high level of
professionalism and skill and looks forward to continuing to benefit from Mr.
Eckert's valuable expertise.


NaiKun Wind Energy Group Inc. is a British Columbia-based renewable energy
company with offices in Vancouver, Masset and Skidegate. 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.

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