Burgenland Holding AG

Earnings Release • Feb 10, 2011

2010/11 Interim Report October 1, 2010 - December 31, 2010

Energising the Burgenland Burgenland Holding AG

The shares of Burgenland Holding AG (share capital: EUR21.81m) are listed on the Official Market of the Vienna Stock Exchange under ISIN 00000640552. EVN AG holds a stake of 73.63 % of the share capital stock of Burgenland Holding AG, while WIEN ENERGIE GmbH holds between 5% and 10%. VERBUND AG holds more than 10%, and no other shareholder holds more than 5%.

Burgenland Holding AG continues to hold a 49% interest in the share capital of Burgenländische Elektrizitätswirtschafts-AG (BEWAG) in the amount of EUR34.88m. The remaining 51% of the shares are held by the Province of Burgenland. The share capital of BEGAS Energie AG, in which Burgenland Holding AG continues to hold a 49% stake, amounts to EUR7.44m. The remaining 51% of the shares are held by BEGAS-Gemeindeanteilsverwaltung AG (GAV). The shareholders in GAV are exclusively the municipalities in the Burgenland supplied with natural gas.

The Burgenland Holding Share

Performance
		2010/11	2009/10
		1st quarter	1st quarter
Average daily volume	No.	27	22
Total share volume	EUR m	0.07	0.06
Share price high	EUR	49.00	55.00
Share price low	EUR	37.03	40.01
Share price as of the last trading	EUR	49.00	43.01
day in December
Market capitalisation as of the last	EUR m	147	129
trading day in December
Weighting in the WBI index as of the	%	0.16	0.17

last trading day in December

Basic information

Share capital	EUR 21.81 m
Denomination	3 mil individual no-par shares
Majority shareholder	EVN AG
ISIN securities identification number	AT0000640552
Ticker Symbols	BHAV.VI (Reuters); BURG AV
	(Bloomberg); AT;BHD (Dow Jones)
Listed	Vienna

Burgenland Holding AG Q1 2010/11

• • Recommendation to the AGM: Distribution of a dividend of EUR2.15 per share
• • Financial results slightly above last year's level as a result of increasing interest rates

Income situation

Income from the associated enterprises BEWAG and BEGAS will not accrue to Burgenland Holding until the second quarter. As a result of the investment of liquid funds, the Company received interest income of TEUR8.6 in the first quarter of 2010/11.

Balance sheet and capital structure

At TEUR76,445, the Company's balance sheet total is basically unchanged from last year. Due to low interest income, shareholders' equity is slightly lower than last year. The equity ratio of 99.9%, however, is unchanged compared to the previous balance sheet date.

Outlook

At the 22nd Annual General Meeting on March 11, 2011 the Management will make the proposal to distribute to shareholders out of the net profit of TEUR6,451.4 as of September 30, 2010, the amount of TEUR6,450.0, which corresponds to a dividend of EUR2.15 per share (previous year: EUR2.15), and to carry forward the remainder of EUR1,393.59.

It has to be assumed that the distribution from the subsidiary BEWAG will not reach last year's levels, which means that the investment income of the Company, and thus the result for the year 2010/11, will most likely be lower than last year.

Burgenland Holding AG

		2010/11 1st quarter	2009/10	Change %
Balance sheet total	EUR m	76.4	76.51)	0.1
Shareholders' equity	EUR m	76.4	76.41)	0.0
Profit for the period	EUR m	-0.05	-0.042)	-17.8

1) as of September 30, 2010

2) as of December 31, 2009

Financial Calendar 2010/111)

AGM	March 11, 2011
ex-dividend date	March 18, 2011
dividend payout	March 25, 2011
Results first six months	May 26, 2011
Results 3rd quarter	August 11, 2011
Results for the full year 2010/11	December 15, 2011

1) preliminary

Burgenland Holding AG

Technologiezentrum Marktstraße 3 7000 Eisenstadt Austria

Corporate Communications and Investor Relations

Renate Lackner-Gass, MSc MBA

Telephone +43 2236/200-24 186 Fax +43 2682/200-84 703 E-mail investor.relations@buho.at www.buho.at