INVITATION - Vattenfall First Quarter Results 2005

Vattenfall will release its Q1 results on Tuesday, April 26, 2005.

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 will be webcast. Details regarding the Conference call To participate in the Conference Call please dial one of the following numbers a few minutes before 10:00 CET. +44 (0) 20 7107 0611 (UK) +46 (0)8 5069 2105 (Sweden) +45 80 883 140 (Denmark) +33 (0)1 7070 0543 (France) +49 (0) 69 2 22220593 (Germany) Playback: The playback will be available one hour after the conference call for at least 72 hours. Participants requesting the Digital Playback will be dialling +44 207 108 6233 (Number in UK) please enter the ID 769 followed by the # sign. Details regarding the web cast 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. Please note that you will need “Real Player”or “Windows Media Player” to follow the presentations. To download the presentation slides please go to http://www.vattenfall.com/ Investors / Presentations / For further information, please contact: Martin May, Head of Group Media Relations, telephone: +46 (0) 8 739 52 70, e-mail: martin.may@vattenfall.com Klaus Aurich, Head of Investor Relations, telephone +46-8-7396514, mobile +46-70-539 65 14. Monica Edblad, Investor Relations, telephone +46-8-7397133, mobile +46-70-282 70 66. From Vattenfall's Press Office, telephone: +46 8 739 50 10.