European competition authority gives green light for acquisition of Nuon

The European competition authority has cleared the sale of Nuon shares to Vattenfall, on condition that all shares of Nuon Deutschland GmbH will be divested. Nuon Deutschland has 275,000 electricity customers and 35,000 gas customers, notably in the German cit-ies of Hamburg and Berlin.

The business unit Nuon Deutschland will continue to exist, offering the same products and services. Cus-tomers’ contract conditions will remain unchanged. The organisation will initially stay intact with the same employees. A different shareholder will be sought for the organisation. The clearance is an important condition for completing the acquisition of Nuon that was announced on 23 February this year. A majority of Nuon shareholders decided at the extraordinary shareholders’ meeting of 17 June to accept Vattenfalls offer to acquire the shares of Nuon. The transaction is expected to close on 1 July 2009. For further information, please contact: Edvard Lind, Group Media Relations, telephone +46 (0) 8-739 56 74, mobile +46 (0) 70-358 63 30. From Vattenfall's Press Office, telephone: +46 (0)8-739 50 10.