Swedish government abandons negotiations on nuclear power

Swedish government abandons negotiations on nuclear power With regard to a statement by the Swedish government's negotiator Bo Bylund announcing that the government abandons negotiations regarding nuclear power, the negotiating parties Fortum, Sydkraft and Vattenfall issue to following statement: "We have been negotiating for two years and the parties have successively come closer the each other's positions. It is our joint judgement that conditions still allow to reach an agreement and thereby create long-term stability for power production in Sweden and power supply on the entire Nordic market. It is therefore to our surprise that the government decided to abandon the talks. There is a common interest to create clarity and predictable conditions for the Swedish and Nordic industry. Here, nuclear power plays an important role." Stockholm Oct 4th, 2004 From Vattenfall's Press Office, telephone: +46 8 739 50 10. For more information, please contact: Knut Leman, Senior Vice President Corporate Communications, Phone +46 (8) 739 5031 Martin May, Head of Group Media Relations Phone +46 (8) 739 52 70, Mobile +46 (70) 539 52 70. Vattenfall's vision is to be a leading European energy company. Vattenfall's main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see www.vattenfall.com. The media service section, including a picture archive and Vattenfall's press releases, can be found under News & Comments. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/10/04/20041004BIT22400/wkr0001.pdf