Ad-hoc | 17 May 2005 16:04

E.ON AG: E.ON sells Viterra to Deutsche Annington

Ad hoc announcement §15 WpHG E.ON AG: Viterra divestment; net income E.ON AG: E.ON sells Viterra to Deutsche Annington Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— E.ON sells Viterra to Deutsche Annington Strong disposal gains are expected to result in substantially higher net income for 2005 E.ON AG, Düsseldorf, sells Viterra to Deutsche Annington GmbH, Düsseldorf. The transaction has a total value of approximately 7 billion euros, comprising the purchase price for the equity of approximately 4 billion euros and the net debt and provisions of Viterra of approximately 3 billion euros. E.ON expects to realize a gain in the order of approximately 2.4 billion euros from the sale in fiscal year 2005, which according to US GAAP will be reported in results from discontinued operations. The transaction still requires clearance from anti-trust authorities as well as approval by the E.ON supervisory board and should be completed by July 2005. Owing to this successful transaction E.ON now expects net income for the financial year 2005 to surpass the net income of 2004 substantially. E.ON AG E.ON-Platz 1 40479 Düsseldorf Deutschland ISIN: DE0007614406 (DAX) WKN: 761440 Listed: Amtlicher Markt in Berlin-Bremen, Düsseldorf, Frankfurt (Prime Standard), Hamburg, Hannover, München und Stuttgart; Eurex; New York End of ad hoc announcement (c)DGAP 17.05.2005 Issuer’s information/explanatory remarks concerning this ad hoc announcement: This ad-hoc release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management. 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. These factors include those discussed in our public reports filed with the Frankfurt Stock Exchange and with the U.S. Securities and Exchange Commission (including our Annual Report on Form 20-F). The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments. End of message (c)DGAP 171604 Mai 05