euro adhoc: MVV Energie AG / Mergers - Acquisitions - Takeovers / RheinEnergie AG to become strategic partner of MVV Energie AG (E)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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24.05.2007

Mannheim, 24 May 2007 - RheinEnergie AG to become strategic partner of MVV
Energie AG

The Steering Committee of the City of Mannheim today resolved to recommend to
the City Council that 16.1 % of the shares indirectly held in MVV Energie AG by
the City of Mannheim be sold to RheinEnergie AG, Cologne, and that an agreement
concerning the further strategic development of MVV Energie AG and permanently
safeguarding the influence of the City of Mannheim on MVV Energie AG be
concluded with RheinEnergie AG. The purchase price is expected to amount to
around Euro 300 million.

At an extraordinary session to be held on 12 June 2007, the Mannheim City
Council is scheduled to decide on the sale of shares to RheinEnergie AG.

The City of Mannheim currently indirectly owns around 66.20 % of the shares in
MVV Energie AG via its shareholdings in MVV GmbH and MVV Verkehr AG.

Contact:
MVV Energie AG
Hilko Schomerus, Investor Relations
Tel.:+49 (0)621 290-2567
E-Mail: [email protected]
www.mvv-investor.de

Further inquiry note:
Frank Nagel
Tel.: +49(0)621 290-2692
e-mail. [email protected]

end of announcement euro adhoc 24.05.2007 19:59:23
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emitter: MVV Energie AG
Luisenring 49
D-68159 Mannheim
phone: +49(0)621 290-3708
FAX: +49(0)621 290-3075
mail: [email protected]
WWW: http://www.mvv-investor.de
sector: Energy
ISIN: DE000A0H52F5
indexes: SDAX, CDAX, Classic All Share, Prime All Share
stockmarkets: official dealing/prime standard: Frankfurter Wertpapierbörse, free
trade: Börse Berlin-Bremen, Hamburger Wertpapierbörse, Börse
Düsseldorf, official dealing: Baden-Württembergische
Wertpapierbörse
language: English

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