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Ørsted M&A Activity 2016

Feb 4, 2016

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Transmission assets to be sold to TC Westermost Rough OFTO Limited.

Westermost Rough Ltd (“WMR”), a wholly owned subsidiary of DONG Energy A/S
(50%), the UK Green Investment Bank plc (25%) and Marubeni Corporation (25%)
today announced that it has signed an agreement for the sale of its
transmission assets to TC Westermost Rough OFTO Limited.

TC Westermost Rough OFTO Limited is the licensee entity incorporated by the
consortium comprised of Transmission Capital Partners Limited Partnership and
International Public Partnerships Limited.

The transmission assets hold an asset value of GBP 157 million (DKK 1,5 bn).
The assets include the onshore substation, export cables and the offshore
substation

The divestment takes place pursuant to the Offshore Transmission Owner (OFTO)
regime.

Following a competitive tender, TC Westermost Rough OFTO Limited was selected
in May 2015 by Ofgem, the regulator for gas and electricity markets, as
preferred bidder for the WMR offshore transmission license.

The Westermost Rough offshore wind farm is located in the UK North Sea,
approximately 8km off the East coast of Yorkshire near Withernsea, Yorkshire.
The offshore construction began in 2014. In August 2014, the first turbine was
erected and first power was generated in September 2014. Full power output was
achieved in May 2015. The farm’s 35 Siemens 6MW wind turbines have a capacity
of 210MW and ensure clean renewable energy for more than 150,000 UK households.

The information provided in this announcement does not change DONG Energy’s
previous financial guidance for the 2016 financial year.

For additional information, please contact:

Media Relations
Martin Barlebo
+45 9955 9100

Investor Relations
Allan Bødskov Andersen
+45 9955 9769

DONG Energy is one of the leading energy groups in Northern Europe,
headquartered in Denmark. Around 6,700 ambitious em­ployees are engaged in
developing, constructing and operating offshore wind farms; generating power
and heat from our power stations; providing energy to residential and business
customers on a daily basis; and producing oil and gas. Group revenue was DKK
71bn (EUR 9.5bn) in 2015. For further information, see www.dongenergy.com