Ad hoc announcement VERBUND AG / Keyword(s): Miscellaneous/Weiteres Schlagwort VERBUND AG: Closing of the asset swap with E.ON 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, and E.ON, one of the world's largest energy providers, finalised the asset swap, that was signed on 3 December 2012. The closing of the agreements took place today, Wednesday, 24 April 2013. Under this transaction, VERBUND is selling its 50% interest in the Turkish company Enerjisa Enerji A.S. to E.ON and in return is acquiring E.ON's shares in eight run-of-river power plants in Germany with a proportionate annual generation of more than 2 TWh. VERBUND already directly or indirectly held equity interests and electricity purchase rights in the acquired run-of-river power plants. The power plants will be 100% owned by VERBUND after the transaction. In addition, VERBUND is repurchasing 20.3% of the capacity of the Zemm-Ziller power plant group (237 GWh) in the course of the transaction. That corresponds to 60% of the electricity purchase rights of 33.8% agreed with E.ON in 2009. VERBUND is improving its risk profile and balance sheet structure with this transaction and is increasing its flexibility in an overall higher-risk energy and general economic environment. The transaction results in significant non-recurring effects in VERBUND's consolidated financial statements. These will be presented in VERBUND's half-year financial statements. As a result of the transaction, VERBUND will get a difference payment of around EUR400m, expected to flow to VERBUND in quarter 2/2013. 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 24.04.2013 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 Austria 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: Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------