Stephen Asplin appointed Head of Vattenfall’s Trading Unit

2 July, 2009 Yesterday, Vattenfall completed the transaction of acquiring 49 per cent of the shares of Nuon. From now on Nuon forms the third regional business group within Vattenfall, Business Group Benelux.

Nuon’s Energy Trade & Wholesale Division will be integrated with Vattenfall Trading Services to form the new Business Unit Trading. Stephen Asplin is appointed as Head of the new Trading Unit. His nomination became effective July 1, 2009.   Stephen Asplin has worked for six years with Nuon’s Trading Division in different positions, latterly as Managing Director of the Energy Trade & Wholesale division. Before joining Nuon, he worked for twelve years at several energy trading and oil companies, located in London and Paris.    The new Trading Unit runs its operations from five locations (Amsterdam, Copenhagen, Hamburg, Stockholm and Warsaw), trading all relevant energy commodities across the Nordic countries, Continental Europe and the United Kingdom.   Dag Andresen, Vattenfall Group CFO, welcomes Stephen Asplin in his new position and wishes him good luck.