Ad-hoc | 21 October 1999 17:44

Ad hoc-Service: Plambeck Neue Energien Englis

Ad hoc-announcement edited and sent by DGAP. The sender is responsible for the content of this announcement. —————————————————————————— Plambeck Neue Energien starts Trading in Power ahead of time – New area of business starts already in 1999 instead of the year 2000 – Every customer who makes the change to Plambeck saves money – New competitive offer ensures the best tariff for each customer – Customers with a low use of electric power will be awarded with a low basic price Cuxhaven, 20th October 1999. As of now the Plambeck Neue Energien AG, Cuxhaven, offers electric power to private households. Thus, the Plambeck Neue Energien AG, who is already market leader in the area of power generated from wind energy, expands their areas of business by the field of trading in power. And this happens earlier than planned when entering the stock market. When first noted at the stock market on 15th December 1998 the company announced to start the power trade in the year 2000 taking the insecure legal side into consideration. “The legal position is much clearer now and our planning progressed fast and well-balanced, so that we can enter the market ahead of time,” Dr. Wolfgang von Geldern, the executive chairman reports. The new offer of Plambeck is very transparent and easily understandable for the households: No minimum running time of the contract, steady price for the kWh of 24,5 Pfennig plus variable basic price between 7,30 DM (up to 500 kWh) and 19,89 DM (up to 6000 kWh). At the end of the year Plambeck will place each customer into the most favourable category. This way Plambeck considers the individual use of each customer at guaranteed best conditions and encourages to save energy. With a fair price policy Plambeck Neue Energien will differentiate clearly from the tariff structures of other suppliers which are difficult to understand. Plambeck gives themselves an unmistakable profile because the company is an energy trader as well as an ecological energy generator. The young, medium-sized and economical healthy company is already market leader in the area of power generated from wind after only 2 business years. Until the end of this year Plambeck will install a total production capacity of 110 Megawatts. This equals the average annual use of 370.000 inhabitants. End of Message