Ørsted — M&A Activity 2016

Sep 30, 2016

On 10 May 2016, DONG Energy entered into an agreement with the state owned
entity Energinet.dk, under which Energinet.dk will acquire DONG Energy’s 100%
ownership share in DONG Gas Distribution A/S and related operational
activities.

Following approval from inter alia the Ministry of Finance, the Ministry of
Energy, Utilities and Climate and the competition authorities, the transaction
has been completed today.

DONG Gas Distribution A/S is divested for a total consideration of DKK 2.3
billion (enterprise value), and is expected to result in a gain from sale of
enterprises (not part of EBITDA) of DKK 1.5 billion. The EBITDA contribution
from DONG Gas Distribution A/S was DKK 360 million in 2015.

The information provided in this announcement does not change DONG Energy's
previously announced outlook for the 2016 financial year.

For further information, please contact:

Media Relations
Morten Kidal
+45 99 55 95 83

Investor Relations
Henrik Brünniche Lund
+ 45 99 55 97 22

DONG Energy (NASDAQ OMX: DENERG) is one of Northern Europe's leading energy
groups and is headquartered in Denmark. Approximately 6,700 ambitious employees
are involved in developing, constructing and operating offshore wind farms,
producing electricity and heating from our power stations, supplying energy to
private and business customers and producing oil and gas. Group revenue was DKK
71 billion (EUR 9.5 billion) in 2015. For further information, visit
www.dongenergy.com.