GDF SUEZ : Capacity exchange agreement between E.ON and GDF SUEZ fully finalised

PR Newswire/Les Echos/

5 november 2009

   Capacity exchange agreement between E.ON and GDF SUEZ fully finalised

On 4 November, GDF SUEZ and E.ON finalised the production capacity exchange deal
agreed in July, after the relevant competition authorities issued the necessary
authorisations.

As from today, the GDF SUEZ Group acquires conventional power stations from E.ON
with a total capacity of 860 MW, as well as approximately 132 MW of
hydroelectric capacity. GDF SUEZ also acquires around 700 MW of offtake rights
from nuclear power stations in Germany.

In return, E.ON acquires from GDF SUEZ the coal- and biomass-fired power station
at Langerlo (556 MW) and the Vilvoorde gas-fired power station (385 MW), as well
as the right to offtake approximately 770 MW from nuclear power stations, with
supply points in Belgium and the Netherlands.

The now finalised exchange will encourage competition on the integrated
electricity markets of North-West Europe. By this transaction, Electrabel
reduced her generation shares in Belgium from 83% to 65% in about one year. For
E.ON the swap with GDF SUEZ forms part of the measures pledged by E.ON to the
EU-Commission in 2008 to promote competition on the German energy market. In
all, E.ON made a commitment to sell about 5,000 MW of generation capacity and
its ultrahigh-voltage transmission network in Germany

Overview:

GDF SUEZ acquires: 
  - Farge coal-fired power station (350 MW)
  - Zolling coal-fired power station (449 MW)
  - gas turbines at Zolling (50 MW)
  - a 50% stake in the biomass generation unit (20 MW) at Zolling
  - the Jansen power station group:
    • Reisach pump storage hydro plant (99 MW)
    • Trausnitz hydro-electric plant (1.8 MW)
    • Tanzmühle power plant comprising a pump storage unit (28 MW) and a
      hydro - electric unit (3.3 MW)
  - nuclear power offtake rights from the Krümmel, Gundremmingen and Unterweser
    power stations (700 MW).

E.ON acquires: 
  - Langerlo coal-fired power station (556 MW)
  - Vilvoorde natural-gas-fired power station (385 MW)
  - nuclear power offtake rights from the Doel 1, Doel 2 and Tihange 1 power
    stations (770 MW), supplied to Belgium and the Netherlands.

This press release may contain forward-looking statements based on current
assumptions and forecasts made by E.ON Group management and other information
currently available to E.ON. Various known and unknown risks, uncertainties and
other factors could lead to material differences between the actual future
results, financial situation, development or performance of the company and the
estimates given here. E.ON AG does not intend, and does not assume any liability
whatsoever, to update these forward-looking statements or to conform them to
future events or developments.

About E.ON 
E.ON is one of the world's leading power and gas companies. With annual sales of
more than EUR86 billion and over 93,000 employees, it is already one of the
world's largest investor-owned power and gas companies. E.ON is active along the
entire value chain in power and gas, with operations upstream (power generation
and natural gas production), midstream (energy imports and wholesale), and
downstream (end customer supply). E.ON today has a significant presence on more
than 30 energy markets worldwide. In addition to its activities in Europe and
Russia, E.ON operates an electric and gas utility business and renewable-source
generating assets in North America. Until 2011 E.ON is investing EUR8 billion in
renewable generation and climate protection projects and will play a leading
role in the development of the renewables industry worldwide.

About GDF SUEZ 
One of the leading energy providers in the world, GDF SUEZ is active across the
entire energy value chain, in electricity and natural gas, upstream to
downstream. It develops its businesses (energy, energy services and environment)
around a responsible-growth model to take up the great challenges: responding to
energy needs, ensuring the security of supply, fighting against climate change
and maximizing the use of resources. GDF SUEZ relies on diversified supply
sources as well as flexible and high-performance power generation in order to
provide innovative energy solutions to individuals, cities and businesses. The
Group employs 200,000 people worldwide and achieved revenues of EUR83.1 billion
in 2008. GDF SUEZ is listed on the Brussels, Luxembourg and Paris stock
exchanges and is represented in the main international indices: CAC 40, BEL 20,
DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and
ASPI Eurozone.

Contacts GDF SUEZ :                   Contacts EON :

Press Contact :                       Dr. Jens Schreiber
Tél France : [phone]     T. [phone]
Tél Belgique : [phone]        E-Mail: [e-mail]
E-Mail : [e-mail]
                                      Dr. Mirko Kahre
Investor Relations:                   T. [phone]
Tél : [phone]            E-Mail: [e-mail]
E-Mail : [e-mail]
                      
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