RWE AG — M&A Activity 2005

Nov 4, 2005

News Details

Ad-hoc | 4 November 2005 16:32

RWE AG: RWE AG intends to dispose its UK and US Water Business

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Essen, 4 November 2005 RWE AG intends to sell the water business of RWE Thames Water plc in the UK as well as that of American Water Works Company, Inc., in North America during 2007. RWE AG will initiate the sales process by evaluating various divestment alternatives for its North American water business, American Water Works Company, Inc. Options include an initial public offering as well as a sale to a group of long term financial investors. Once the sale of American Water Works Company, Inc., is well underway, RWE AG plans to begin the divestment process for its UK water business, RWE Thames Water plc. Both transactions will be subject to the approval of the RWE AG Supervisory Board as well as regulatory approvals. RWE Aktiengesellschaft Opernplatz 1 45128 Essen Deutschland ISIN: DE0007037129 (DAX); DE0007037145 WKN: 703712; 703714 Listed: Amtlicher Markt in Düsseldorf und Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hamburg, Hannover, München und Stuttgart; EUREX; Swiss Exchange End of ad hoc announcement (c)DGAP 04.11.2005