VERBUND AG — Board/Management Information 2010

Mar 9, 2010

News Details

Ad-hoc | 9 March 2010 15:07

Österreichische Elektrizitätswirtschafts AG: Christian Kern resigns as Member of Verbund Management Board

Österreichische Elektrizitätswirtschafts AG / Change of Personnel/Change of Personnel

09.03.2010 15:07

Dissemination of an Ad hoc announcement, transmitted by
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Verbund, Austria's largest electricity utility announces Christian Kern's
demission as member of the company's management board. From June 2010 he is
appointed CEO of Österreichische Bundesbahnen AG (ÖBB) the Austrian Federal
Railway company.

Since May 11, 2007, Christian Kern has been responsible board member for
international M&A, international equity management and development and the
transmission grid.

Christian Kern's responsibilities are temporarily administered by the other
board members Wolfgang Anzengruber (CEO), Johann Sereinig (Deputy CEO) and
Ulrike Baumgartner-Gabitzer (Member of the Board).

The Supervisory Board of Verbund is going to decide upon the procedures
following Christian Kern's demission.

Contact:
Andreas Wollein
Head of Group Finance and Investor Relations
T.: +43 (0)5 03 13 - 52604
F.: +43 (0)5 03 13 - 52694
mailto:investor@verbund.at

09.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Österreichische Elektrizitätswirtschafts AG
Am Hof 6A
1010 Wien
Österreich
Phone: 0043-1-53113-52616
Fax: 0043-1-53113-52694
E-mail: andreas.wollein@verbund.at
Internet: www.verbund.at
ISIN: AT0000746409
WKN: 877738
Indices: ATX
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Düsseldorf, München, Hamburg,
Stuttgart; Foreign Exchange(s) Wien

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