euro adhoc: MVV Energie AG / Board of Directors (Appointments and Changes) / Dr. Rudolf Schulten Named New CEO at MVV Energie AG (E)

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

Mannheim, February 27, 2003. At its meeting today, the Supervisory Board of publicly listed MVV Energie AG unanimously approved the appointment of Dr. Rudolf Schulten as Chairman of the Executive Board of MVV Energie AG for a period of five years as of October 1, 2003. Dr. Schulten will thus succeed Roland Hartung (66), who will step down as of September 30, 2003, for reasons of age. As of today, Roland Hartung will continue his activities for this energy distributor and value-added services provider, which is active Europe-wide, as Chairman of the Executive Board (previously:
Spokesman of the Executive Board) until his retirement.

Dr. Rudolf Schulten, Diplom-Kaufmann (equivalent to an MBA), was born in Göttingen in 1955 and is currently serving as Chief Financial Officer of Vattenfall-Europe subsidiary BEWAG AG in Berlin.

Contact: MVV Energie AG Investor Relations
Tel. +49(0)621-290-3708 E-Mail: ir@mvv.de
Internet: www.mvv-investor.de

Further inquiry note:
Frank Nagel
Te.: +49(0)621-290-2692
e-mail. f.nagel@mvv.de
Tel: +49(0)6212900
FAX: +49(0)621290 2324
Email: energie@mvv.de

end of announcement euro adhoc

Emittent: MVV Energie AG
Luisenring 49
DE-68159 Mannheim
Tel: +49(0)6212900
FAX: +49(0)621290 2324
Email: energie@mvv.de
WWW: http://www.mvv.de
ISIN: DE0007255903
WKN: 725590
Indizes: SDAX, SMAX
Börsen: free trade Bayerische Börse, Berliner Wertpapierbörse, Börse Düsseldorf, Hamburger Wertpapierbörse; official dealing Baden-Württembergische Wertpapierbörse, Frankfurter Wertpapierbörse Branche: Energy
Sprache: Englisch

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