Ad hoc announcement

VERBUND AG / Keyword(s): Disposal

VERBUND AG: VERBUND sells shares in Inn power plants to Wien Energie and
EVN.

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

VERBUND, Austria's leading electricity company, finalises the sale of up to
30% of its shares in the Bavarian power plants on the River Inn, a
transaction that was already announced upon the company's acquisition.
After Innkraft Bayern GmbH & Co KG acquired 3.734% of the shares in 2010
and 2011, 26% are now being transferred to the Austrian energy suppliers
Wien Energie and EVN.

VERBUND took over the 13 River Inn power plants from German energy supplier
E.ON in June 2009. Already upon the acquisition in 2009, VERBUND announced
that it would be selling up to 30% of its shares in the River Inn power
plants. In 2010 and 2011, Innkraft Bayern GmbH. & Co. KG took over a total
of 3.734% of shares. Now this process has been finalised by the sale of 26%
of the shares to Wien Energie and EVN.

The contracting parties agreed not to disclose the exact transaction price.
As was also announced previously, the shares amounting to 26% will be
transferred to the two Austrian utility companies at the original purchase
price plus adequate interest. They will additionally receive electricity
procurement rights on a pro-rata basis at market prices.

This transaction is further strengthening VERBUND's capital structure. The
signing is scheduled for the end of June; the closing will take place by
August 2011 after approval by the competent anti-trust authorities.

 





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.com








08.06.2011 DGAP’s Distribution Services include Regulatory Announcements, 
Financial/Corporate News and Press Releases. 
Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- 
Language:     English
Company:      VERBUND AG
              Am Hof 6A
              1010 Wien
              Österreich
Phone:        0043-1-53113-52616
Fax:          0043-1-53113-52694
E-mail:       investor@verbund.com
Internet:     www.verbund.com
ISIN:         AT0000746409
WKN:          877738
Indices:      ATX
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
              Stuttgart; Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
---------------------------------------------------------------------------