Ad-hoc | 23 July 2004 18:10

Capital increase of EVN AG successfully completed

Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Capital increase of EVN AG successfully completed EVN AG successfully issued 3.3 million new ordinary shares at EUR 40.50 per share, increasing the total number of shares outstanding by 8.8 % to 40,881,455 shares. The proceeds of 133.65 EURm will be used to finance pending and future acquisitions and direct investment in the energy business in Central and Eastern Europe, and to provide equity for water and waste treatment projects. Additionally, EVN intends to finance investment in thermal and renewable power generation capacity in Lower Austria and abroad. The subscription period closed on July 22, 2004 and the offering period on July 23, 2004. The order book was substantially oversubscribed and the new shares were broadly placed with new and existing shareholders. The subscription and offer price was determined through a bookbuilding process. The new shares are expected to start trading on July 30, 2004, and are entitled to the full dividend for the 2003/04 financial year. end of ad-hoc-announcement (c)DGAP 23.07.2004 ——————————————————————————– WKN: 074105; ISIN: AT0000741053; Index: ATX Listed: Amtlicher Handel in Wien; Amtlicher Markt in Frankfurt (General Standard, WKN 878279) und München; Freiverkehr in Berlin-Bremen und Stuttgart 231810 Jul 04