New Group Treasurer at Vattenfall

Johan Gyllenhoff will join Vattenfall on 1 February 2006 as the new Treasurer of the Vattenfall Group and the Managing Director of Vattenfall Treasury AB. He will succeed Anders Lidefelt who is moving on to a new post.

Johan Gyllenhoff has extensive experience from ABB Treasury Centre and in his most recent role worked at Statkraft’s portfolio management company in Stockholm. ”I would like to welcome Johan Gyllenhoff to Vattenfall. His long experience and expertise in the financial sector makes him very well equipped to assume responsibility for, and to continue the development of, our finance function. I would also like to take this opportunity to thank Anders Lidefelt for the successful work he has performed in the financial field, an area that is of such importance to Vattenfall,” says Matts Ekman, First Senior Executive Vice President and CFO of Vattenfall AB. For more information, please contact: Matts Ekman, First Senior Executive Vice President and CFO, telephone +46-(0)8-739 50 08. From Vattenfall's Press Office, telephone: +46 8 739 50 10.