Vattenfall's Nine Month Results for 2004

Vattenfall's Nine Month Results for 2004 * Net sales decreased by 1 per cent to SEK 80,961 million (81,682) * Operating profit increased by 28 per cent to SEK 14,172 million (11,043) * Net income after tax increased by 50 per cent to SEK 8,564 million (5,713) * Operating profit for the third quarter more than doubled to SEK 2,579 million (1,195) Vattenfall today releases its Nine Month Results on Wednesday, October 27, 2004. The results will be published on http://www.vattenfall.com at 09:00 (CET). At 10:00 (CET) Lars G Josefsson, CEO and Matts Ekman, CFO will host a conference call presenting the results, followed by a Question & Answer session. The Conference call: You can participate in the conference call by calling the number below a few minutes before 10:00 CET: Call-in number: +44 (0)20 7107 0611. A replay of the conference call will be available for five days. The replay number is + 44 (0)20 7866 4300 (access code 301). Webcast: To follow Vattenfall's presentation on the internet (audio + slides), please click on http://www.financialhearings.com/ and select "Vattenfall". The presentation will be archived for several months. Alternatively you can follow the slides on http://www.vattenfall.com Select Investors / Presentations (slides only). From Vattenfall's Press Office, telephone: +46 8 739 50 10. For more information, please contact: Martin May, Head of Group Media Relations, Vattenfall AB, phone +46 8-739 52 70. Klaus Aurich, Head of Investor Relations, telephone +46 8 739 65 14, mobile +46 70 539 65 14. Vattenfall's vision is to be a leading European energy company. Vattenfall's main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see www.vattenfall.com. The media service section, including a picture archive and Vattenfall's press releases, can be found under News & Comments. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/27/20041027BIT20220/wkr0001.pdf

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Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see www.vattenfall.com. The media service section, including a picture archive and Vattenfall’s press releases, can be found under News & Comments.

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