Ørsted — M&A Activity 2011

Oct 21, 2011

Walney Windfarms Limited today announced that it has completed the sale of
transmission assets at the offshore wind farm Walney 1 to Blue Transmission
Walney 1 Limited, which is the licensee entity incorporated by the consortium
of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund,
for approx. GBP 105 million.

DONG Energy (50.1%), SSE (Scottish and Southern Energy) (25.1%) and OPW
(24.8%), a company jointly owned by Dutch pension administrator PGGM and Ampère
Equity Fund (managed by Triodos Investment Management), are the companies
behind Walney Windfarms Limited, with DONG Energy as the leading partner in
the construction and operational phases of the Walney Offshore Windfarms.

The financial closure of the transaction has been completed and the assets will
be transferred in the coming days to Blue Transmission Walney 1 Limited.

DONG Energy and Blue Transmission Walney 1 Limited have agreed upon an
operation and maintenance contract for the transmission assets.

The disposal is in line with regulation requiring offshore wind farm generators
to divest their transmission assets to new offshore transmission owners via a
competitive tender run by Ofgem.

The information provided in this announcement does not change DONG Energy's
previous financial guidance for the 2011 financial year or the announced
expected investment level.

For additional information, please contact:

DONG Energy

Media Relations

Andreas Krog

+45 9955 2023

DONG Energy

Investor Relations

Morten Hultberg Buchgreitz

+45 9955 9750

About DONG Energy:

DONG Energy is one of the leading energy groups in Northern Europe. We are
headquartered in Denmark. Our business is based on procuring, producing,
distributing and trading in energy and related products in Northern Europe. We
have approximately 6,000 employees and generated DKK 55 billion (EUR 7.3
billion) in revenue in 2010. For further information, see www.dongenergy.com.

DONG Energy is strongly involved in the production and expansion of renewable
energy in the UK. The company currently operates the offshore wind farms
Gunfleet Sands (172 MW), Burbo Bank (90 MW), Barrows (90 MW) and Walney 1 (184
MW). In addition, DONG Energy is involved in building four new major UK
offshore wind farms, including what will be the world's largest offshore wind
farm London Array (630 MW), due to enter into operation in 2012.

SSE (Scottish and Southern Energy) is one of the UK's leading energy companies,
involved in the generation, distribution and supply of electricity and in the
extraction, storage, distribution and supply of gas. Its core purpose is to
provide the energy people need in a reliable and sustainable way. It supplies
energy to 10 million customers throughout the country, is
independently-recognised as the best energy supplier for customer service and
is the UK's leading generator of electricity from renewable sources.

For further information, see www.sse.com

PGGM is the administrative organisation for collective pension schemes,
principally in the care and welfare sector. It is also an income provider for
people in the care and welfare sector. PGGM currently manages around EUR 100
billion of pension assets of over 2.3 million participants.

Ampère Equity Fund, managed by Triodos Investment Management, invests in
renewable energy projects in Western Europe. It invests with amounts in the
range of EUR 10 million to EUR 50 million equity per investment. The fund
focuses on investments in energy producing assets applying proven technology.
such as onshore wind, offshore wind, solar PV, concentrated solar power and
biomass power plants that provide stable and predictable long term returns for
its investors. The Fund has attracted major Dutch institutional investors with
a total committed capital of EUR 320 million which provides certainty of
funding for its investment strategy until the end of 2011. Triodos Investment
Management is a subsidiary of Triodos Bank with over 25 years' experience in
renewable energy investments.