Joint Press Release

E.ON and VNG - Verbundnetz Gas Aktiengesellschaft (VNG) - have sold their 50-percent stakes in Erdgasversorgungsgesellschaft Thüringen-Sachsen mbH (EVG), Erfurt. The sale is part of E.ON and VNG's ongoing strategy of optimizing their business portfolios. The buyer is the First State European Diversified Infrastructure Fund (EDIF), the asset management arm of the Commonwealth Bank of Australia. In 2013 EDIF acquired Nuremberg-based Ferngas Nordbayern GmbH. The sale is subject to antitrust approval. Germany's Federal Cartel Office is expected to issue its decision in the next few weeks. VNG, E.ON, and First State Investments agreed not to disclose the purchase price.

EVG owns the gas grid operated by Erdgastransportgesellschaft Thüringen-Sachsen mbH (ETG). EVG is the holding company for ETG and also owns minority stakes in several energy suppliers and service providers. EVG was founded on April 10, 1990, before Germany's economic and currency union. The former Ruhrgas AG and VNG each took 50-percent stakes in the new company, whose mission was to establish a region-wide gas supply business in the German state of Thuringia and surrounding areas.


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 SE 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.
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