EVN AG — Share Issue/Capital Change 2008

Apr 10, 2008

News Details

Corporate | 10 April 2008 08:00

EVN AG: EVN stock split scheduled for April 17, 2008

EVN AG / Miscellaneous/Miscellaneous

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.

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The 79th Annual General Meeting of the shareholders of the EVN Group
resolved to increase the capital stock of the corporation and carry out a
stock split by a ratio of 4 for 1. The underlying reason was to facilitate
easier and thus more shareholder-friendly trading of the EVN share, and
thus enable liquidity to be increased.

As an accompanying measure, the share capital will be increased by
EUR 200,930,607.38, from the current amount of EUR 99,069,392.62 to
EUR 300,000,000.As a result of the stock split carried out at a ratio of 4
for 1, the capital stock of EVN will no longer be divided by the current
total of 40,881,455 non-par value bearer shares, but by 163,525,820 non-par
value bearer shares.

As a consequence of the stock split, every shareholder will receive three
additional non-par value bearer shares for every non-par value bearer share
in his or her possession.

The additional shares are represented in a global share certificate. It is
not intended to issue individual share certificates.

Practical implementation of the stock split

The practical implementation of the stock split depends upon the particular
safekeeping of the securities:

Shares deposited at a custodian bank: Shareholders whose shares are held in
a safe custody at a custodian bank will automatically receive a custody
account credit for the additional shares. The stock split will be carried
out at no cost to the shareholders.

Shares kept at home: Shareholders whose shares are kept at home will be
asked to hand in their shares to their local bank during normal business
hours, starting on the effective date of the stock split. Subsequently, the
shareholder will be credited with an additional three non-par value bearer
shares in the form of a custody account credit for every non-par value
bearer share in his or her possession. If actual papers are needed to be
delivered to shareholders, these will, as far as possible, be made
available from the existing stock of share certificates. However, there is
no entitlement to these share certificates. The stock split and the
crediting of the additional shares are carried out free of charge.

The effective date of the stock split is April 17, 2008.

The authorized paying and receiving agent and thus the contact partner for
the local bank is Bank Austria Creditanstalt AG, Vienna.

EVN AG
Corporate Communications
EVN Group

Stefan Zach
EVN Platz
2344 Maria Enzersdorf
Tel.: +43 2236 200-122 94
Fax: +43 2236 200-822 94
Mobil: +43 676 810 32 2294
stefan.zach@evn.at
www.evn.at

10.04.2008 Financial News transmitted by DGAP

Language: English
Issuer: EVN AG
EVN Platz
2344 Maria Enzersdorf
Österreich
Phone: +43-2236-200-12294
Fax: +43-2236-200-82294
E-mail: info@evn.at
Internet: www.evn.at
ISIN: AT0000741053
WKN: 074105
Indices: ATX

End of News DGAP News-Service

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