Ad hoc announcement

EVN AG / Keyword(s): Corporate Action/Corporate Action

EVN AG: Capital increase 

Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The
issuer is solely responsible for the content of this announcement.
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ISIN AT0000741053

EVN AG ('EVN') has taken the necessary steps for a capital increase of up
to 10% and intends to combine such capital increase with a possible
offering of the shares held by EnBW Energie Baden-Württemberg AG ('EnBW').

At present, EnBW holds 35.72% of the share capital of EVN. The planned
undertaking would provide for a coordinated effort to market and place the
shares to be newly issued as part of the capital increase and the existing
shares of EnBW with national and international institutional investors as
well as Austrian private investors. Assuming a positive capital markets
environment, the requisite company resolutions and approval of the
prospectus by the Financial Market Authority, the combined offering could
still be completed within this year.

EVN and EnBW have tasked Deutsche Bank, Raiffeisen Centrobank and Société
Générale Corporate & Investment Banking with analyzing the feasibility of
such a combined offering.

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Information and Explaination of the Issuer to this News:

This announcement does not contain or constitute an offer of, or the
solicitation of an offer to buy or subscribe for, securities to any person
in Australia, Canada, Japan, or the United States or in any jurisdiction in
which such offer or solicitation is unlawful. The securities referred to
herein may not be offered or sold in the United States absent registration
under the US Securities Act of 1933, as amended (the 'Securities Act') or
an exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act.  Subject to certain exceptions, the
securities referred to herein may not be offered or sold in Australia,
Canada or Japan or to, or for the account or benefit of, any national,
resident or citizen of Australia, Canada or Japan.  The offer and sale of
the securities referred to herein has not been and will not be registered
under the Securities Act or under the applicable securities laws of
Australia, Canada or Japan.  There will be no public offer of the
securities in the United States.

A public offer may only be made in Austria after publication of a
prospectus prepared in accordance with the provisions of the Austrian
Capital Markets Act and approved by the Austrian Financial Market
Authority.  Any securities orders received prior to the commencement of a
public offer will be rejected.  If a public offer is made in Austria, a
prospectus prepared in accordance with the provisions of the Austrian
Capital Markets Act and the Stock Exchange Act will be published and will
be available free of charge at EVN AG, EVN Platz, 2344 Maria Enzersdorf,
Austria [and Raiffeisen Centrobank AG, Tegetthoffstraße 1, 1015 Wien,
Österreich.


EVN AG
Corporate Communications
EVN Group

Stefan Zach
EVN Platz
A-2344 Maria Enzersdorf
Tel.: +43 2236 200-122 94
Fax: +43 2236 200-822 94
Mobil: +43 676 810 32 294
stefan.zach@evn.at
www.evn.at 



13.09.2010 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language:     English
Company:      EVN AG
              EVN Platz
              2344 Maria Enzersdorf
              Österreich
Phone:        +43-2236-200-12294
Fax:          +43-2236-200-82294
E-mail:       info@evn.at
Internet:     www.evn.at
ISIN:         AT0000741053
WKN:          074105
Indices:      ATX
Listed:       Foreign Exchange(s) Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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