E.ON SE

Capital/Financing Update • Aug 10, 2005

News Details

Ad-hoc | 10 August 2005 13:25

E.ON AG: E.ON to use CTA to fund provisions for pensions

Ad hoc announcement §15 WpHG Provisions for pensions E.ON AG: E.ON to use CTA to fund provisions for pensions Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— E.ON to use CTA to fund provisions for pensions E.ON AG will use the group’s strong liquidity and financial position to fund up to 5.4 billion euros of its provisions for pensions by means of a contractual trust arrangement (CTA). The E.ON AG Supervisory Board made this decision at its meeting today. The CTA will increase the transparency of E.ON’s balance sheet and further strengthen the financial security of employees’ company pension plans. Under the CTA, the corresponding funds are converted to plan assets for the fulfillment of pension obligations. The funding process will begin soon and be complete in 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 10.08.2005 101325 Aug 05