London, 3 May 2010

E.ON has now completely fulfilled the agreement reached with the EU Commission. As a result of a final transaction, Morgan Stanley Capital Group will acquire 265 MW of power from the Veltheim coal-fired power station. This transaction has already been approved by the EU Commission. In late 2008, E.ON committed itself to divest 5,000 MW of generation capacity in Germany and its extra-high voltage grid. This grid was sold in 2009 to the Dutch state-owned network operator TenneT. The power station capacities were sold to various European competitors, including EDF, GDF SUEZ, Statkraft of Norway and Verbund of Austria, or were partly swapped for generation capacities in France and Belgium.

By fulfilling the agreement with the EU, E.ON is making another significant contribution towards promoting competition in the German energy market.

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