Ad-hoc | 28 February 2002 08:40

EVN AG english

EVN Business Development 1st Quarter 2001/02 Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– (October 1 December 31, 2001) Temperature-related increase in energy volumes sold and results Volumes sold 2001/02 Change % Q. 1 Electricity (1) GWh 1,795 +5.1 Gas (2) m m3 505 +15.6 Heating GWh 267 +16.8 Water (3) m m3 5 +0.6 Mio EUR Sales revenues 371.8 +24.8 Operating result (EBIT) 75.8 +33.5 Result before tax 75.4 +21.5 (1) Excluding electricity trading and sales to other electricity companies (2) Excluding gas trading and sales to external power stations (3) Previous year not consolidated EVN CEO Rudolf Gruber, “The favourable operating performance achieved in the first quarter of the 2001/02 financial year forms a solid basis for further positive development of the EVN Group. However, the fact that the prevailing weather conditions during the period under review had an extremely positive effect on the course of business cannot be ignored. Moreover, it would appear that this trend is unlikely to be maintained during the second quarter and thus may not be regarded as an indicator for the year as a whole.” The Letter to Shareholders can be downloaded from EVNs homepage at http:// www.evn.at. end of ad-hoc-announcement (c)DGAP 28.02.2002 ——————————————————————————– WKN: 074105; ISIN: AT0000741053; Index: ATX Listed: Amtlicher Handel in Wien; Amtlicher Handel in Frankfurt und München; Freiverkehr in Berlin, Hamburg und Stuttgart 280840 Feb 02