Based in the Northern Italian city of Dalmine, Dalmine Energie is one of Italy's largest independent energy traders. In 2005, the company supplied approx. 3 billion kWh of electricity and approx. 10 billion kWh of gas to a total of roughly 1,100 industrial and business customers.

The acquisition of the stake in Dalmine Energie will increase E.ON's current gas and power sales in Italy and provide significant scope for growth in the Italian market. E.ON Italia currently supplies approx. 1.8 billion kWh of electricity to approx. 1,100 industrial and business customers and is planning to expand its electricity business substantially, primarily by means of a new power station in Livorno-Ferraris. The electricity trading business of Dalmine Energie is therefore a perfect match for E.ON. The acquisition will also provide new opportunities for E.ON in the gas market. Through its subsidiary Thüga Italia, E.ON Ruhrgas currently supplies approx. 18 billion kWh of gas to approx. 800,000 residential, business and industrial customers. Dalmine Energie has additional capacity for importing gas to Italy so that E.ON will be able to considerably increase its gas business in Italy.

The current owner - the Luxembourg-based industrial company Tenaris - will keep 25 percent of the shares of Dalmine Energie, while E.ON Sales & Trading will acquire 75 percent. The purchase price amounts to Euro 46.5 million.

E.ON Sales & Trading is the first German company of its kind and size whose business includes both electricity sales to key accounts and electricity trading. With a sales volume of 100 TWh and a trading volume of 333 TWh (according to US-GAAP) last year, the wholly-owned subsidiary of E.ON Energie AG, Munich, is one of Europe's leading electricity suppliers

E.ON AG
E.ON Platz 1
40479 Düsseldorf

For information:
Dr. Peter Blau
Tel. 0211-45 79-628
Fax 0211-45 79-629

Josef Nelles
Tel. 0211-45 79-544
Fax 0211-45 79-566

http://www.eon.com/