Ad hoc announcement EVN AG / Keyword(s): Capital Increase/Capital Increase EVN AG: EnBW does not give the go-ahead for the sale of the existing shares of EVN Ad hoc announcement transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ------------------------------------------------------------------------------ NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, UNITED KINGDOM, JAPAN OR AUSTRALIA Maria Enzersdorf, October 20, 2010 EnBW does not give the go-ahead for the sale of the existing shares of EVN EVN takes necessary steps to implement the capital increase in a new structure Upon closing of the order book this afternoon there is an substantial over-subscription of EVN (new shares out of the 10% capital increase and the existing shares held by EnBW) within the price range at a price of EUR 10.50 per share. Energie Baden-Württemberg AG has informed EVN AG that they do not approve such sale. Hence, EVN has decided to take necessary steps to implement a capital increase of up to 10% in a new structure. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Legal Disclaimer: This ad-hoc announcement constitutes neither an offer to sell nor a solicitation to buy any securities of EVN AG. The public offer and the listing procedure with respect to shares of EVN AG based on the prospectus dated 5 October 2010, which was approved by the Austrian Financial Market Authority and duly published, has been terminated. 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 20.10.2010 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: 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 ---------------------------------------------------------------------------