Hans von Uthmann appointed Head of Vattenfall Nordic

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Hans von Uthmann appointed Head of Vattenfall Nordic Vattenfall will co-ordinate the Nordic operations of the Group from 1 January 2004 and Hans von Uthmann, formerly President of Duni AB, will head these operations. He will begin working at Vattenfall on 17 November as an Executive Vice President. Vattenfall's operations in Sweden, Finland and the other Nordic countries will be co-ordinated in line with the same principles that already apply to Vattenfall's operations in Germany. Vattenfall Nordic will be headed by Hans von Uthmann, formerly President and CEO of Duni AB. Hans von Uthmann is 45 years old. Before joining Duni in 2000, he was President of AB Svenska Shell for four years. He held senior posts in the Shell Group - in Sweden and abroad - after joining the company in 1984. He is a member of the Board of Fortum, but will now resign from this post. He is also Chairman of the Board of Salcomp Oy and a member of the Board of DIF AB. "In the present stage of Vattenfall's development, in which we are consolidating on an increasingly integrated European market, it is natural to co-ordinate the Nordic countries under a joint management. Hans von Uthmann's experience and expertise make him well suited to lead this restructuring process," says Lars G Josefsson, President and CEO of Vattenfall AB. For photo of Hans von Uthmann, please see press site at www.vattenfall.com From Vattenfall's Press Office, telephone: +46 8 739 50 10. For more information, please contact: Knut Leman, Head of Communications, telephone: +46-(0)8-739 50 31. Martin May, Director of Group Media Relations, telephone: +46-(0)8-739 52 70. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/05/20031105BIT00250/wkr0001.doc http://www.waymaker.net/bitonline/2003/11/05/20031105BIT00250/wkr0002.pdf

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