CORRECTING and REPLACING Robbins Geller Rudman & Dowd LLP to Notify All Purchasers of American Superconductor Corporation (“AMSC” or the “Company”) Common Stock Between July 29, 2010 and July 11, 2011, Inclusive, of a Class Action Settlement

URL at end of second sentence should read http://classaction.kccllc.net/AmericanSuperconductor sted www.classaction.kccllc.net/AmericanSuperconductor.com.

The corrected release reads:

ROBBINS GELLER RUDMAN & DOWD LLP TO NOTIFY ALL PURCHASERS OF AMERICAN SUPERCONDUCTOR CORPORATION (“AMSC” OR THE “COMPANY”) COMMON STOCK BETWEEN JULY 29, 2010 AND JULY 11, 2011, INCLUSIVE, OF A CLASS ACTION SETTLEMENT

Settlement Includes Purchasers of the Company’s Common Stock in or Traceable to AMSC’s Public Offering on or About November 12, 2010 (“Secondary Offering”)

If you purchased shares of AMSC common stock between July 29, 2010 and July 11, 2011, inclusive, including in or traceable to the Secondary Offering, your rights may be affected by this Action and the settlement thereof. If you have not received a detailed Notice of Pendency and Proposed Settlement of Class Action and a copy of the Proof of Claim and Release, you may obtain copies by writing to AMSC Securities Litigation, Claims Administrator, c/o KCC Class Action Services, P.O. Box 43212, Providence, RI 02940-3212, by calling the Claims Administrator toll-free at (800) 208-8843, by sending an email to AmericanSuperconductor@kccllc.com, or by downloading this information at http://classaction.kccllc.net/AmericanSuperconductor. If you are a Class Member, in order to share in the distribution of the Settlement Fund, you must submit a Proof of Claim and Release postmarked no later than March 26, 2014, establishing that you are entitled to a recovery. You will be bound by any judgment rendered in the Action unless you request to be excluded, in writing, to the above address, by February 19, 2014.

Any objection to the settlement must be filed with the Court and received by counsel listed below no later than February 19, 2014.

ROBBINS GELLER RUDMAN
& DOWD LLP
JEFFREY D. LIGHT
655 West Broadway, Suite 1900
San Diego, CA 92101

ROBBINS GELLER RUDMAN
& DOWD LLP
ROBERT M. ROTHMAN
58 South Service Road, Suite 200
Melville, NY 11747

Counsel for Lead Plaintiff

and

CADWALADER, WICKERSHAM
& TAFT LLP
GREGORY A. MARKEL
One World Financial Center
New York, NY 10281

LATHAM & WATKINS LLP
PATRICK E. GIBBS
140 Scott Drive
Menlo Park, CA 94025

Counsel for Defendants