Ad-hoc | 19 December 2005 20:11

E.ON AG:Framework Degussa disposal-Chance for a Special Dividend of 4.25 euros

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— E.ON AG: – E.ON and RAG sign framework agreement on the sale of the 42.86 % Degussa participation held by E.ON – Board of Management sees the chance for a special dividend of 4.25 euros per share already for the company’s 2006 annual shareholders meeting E.ON AG, Düsseldorf, and RAG AG, Essen, today signed a framework agreement on the sale to RAG of the 42.86 % Degussa participation still held by E.ON. The two companies agreed on a purchase price of approx. 2.8 billion euros. This corresponds to a value of 31.50 euros per Degussa share. The transaction is to be completed by July 1, 2006. E.ON expects to record a book gain in the order of 500 million euros from the transaction. The acquisition of the Degussa participation by RAG is still subject to the approval of the federal government and the state of North-Rhine Westphalia. E.ON’s Board of Management sees the chance – depending on the progress of the negotiations – to propose a special dividend of 4.25 euros per share to the company’s annual shareholders meeting in May 2006. 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 19.12.2005