15th of April, PodgoricaDI Franz Mittermayer

EVN - Energy and Environment Services

EVN currently active in 14 CEE countries

Highlights

1 m electricity, gas, heat and water customers in Lower Austria

2,2 m electricity customers in BG and MK

1,700 MW generation capacity (gas, coal, hydro, wind and biomass)

Coal-fired power plant of 790 MW in Germany

131,000 km electricity network and 10,500 km gas pipelines

Waste incineration plant of 300,000 tons p.a. in Lower Austria

70 drinking and waste water plants for 10 m people

Waste incineration plant and drinking water facility in Moscow

Substantial holdings in Austria’s second largest oil and gas producer and Austria’s leading hydro power producer

Strong partner in EnergieAllianz and EconGas in Austria

EVN presenceEnergy supplyDrinking and wastewater projectsWaste incinerationCoal-fired power station under

construction

EVN headquarters

EVN environment

Albania

Belgium

Bosnia Bulgaria

Germany

Estonia

France

Greece

Italy

Serbia

Croatia

Latvia

Lithuania

Luxemburg

Macedonia

Moldavia

Netherlands

Austria

Poland

Romania

Russia

Switzerland

Slovakia

Slovenia

Czech Republic

Turkey

Ukraine

Hungary

Belarus

Montenegro

CyprusEVN´s market presentation

Focus of environmental business: Central and Eastern Europe

Albania

BosniaBulgaria

Germany

Greece

Italy

SerbiaCroatia

Macedonia

Austria

Poland

Romania

Slovakia

Slovenia

Czech Republic

Turkey

Hungary

Montenegro

EVN´s market presentation

Focus of Energy Segment: Austria and South East Europe

EVN environment

Provides infrastructural services in the field of thermal waste utilisation potable water supply waste water disposal

Responsibilities Planning on a European scale Construction Financing Operation of customised

facilities for communities

Thermal waste utilisation plant MSZ 3 – Moscow

Project volume –

EUR 190 million;

project financed with

20% own funds

Utilisation of 360.000 tons of household garbage

Construction progress: completed 2007

Construction: 2005 – 2007;

operation: 2007 – 2019

Startup: end of 2007

Combined heat and power plant Ljuberzy, Russia

Electricity generation of (5 x 2.5 MW) from biogas

Obtained from sewage treatment at the Ljuberzy plant

Investment ca. EUR 65 m

Capacity 3.25 Mio. m³/d

Partner are the City of Moscow/ Moswodokanal

49 years operation

On line before the end of 2008

Waste water treatment plant Zelenograd / Moscow

Capacity:370.000 PE

Term:12,5 years

Investitionment volume:EUR 65,3 million

Startup:December 2000

Zagreb / Croatia

Client:City of Zagreb - Croatia

Capacity:1.500.000 PE

Investment volume:> EUR 200 million

Sewage treatment plant Warsaw-Czajka, Poland

Modernisation of Poland‘s largest sewage treatment plant

Investment of EUR 500 million

Partner Veolia Water (France) and local construction company Warbud

Construction will start already in August 2008, to meet the scheduled handing-over date of December 2010

Ataköy Waste Water Treatment Plant

Turn-key project including 5-year-operation

Client/ISKI Istanbul WaterEmployer: and Sewerage

Administration

Capacity: ca. 2 Mio PE 390.000 m³/d / 510.000 m³/d (biological / mechanical)

Investment volume: EUR 108,5 million

Date of Contract Award: May 11, 2007

Thank you for your attention!

EVN environment

0043-2236-200-50500 or Franz.Mittermayer@evn.at

Company profile – fact sheet

AktieEVN

EVN is a leading integrated energy and environmental service group serving customer in Lower Austria and Central and Eastern Europe

Business areas Electricity, gas, heating, water, waste incineration

Countries

Austria, Bulgaria, Croatia, Cyprus, Estonia, Germany, Poland, Lithuania, Macedonia, Russia, Slovakia, Slovenia, Denmark, Turkey

Employees 9,535 (-4.4%) thereof ~ 75% in abroad

Revenue 2,233.1 EUR m (+7.8 %)

EBITDA 350.7 EUR m (-11.8 %)

EBIT 197.3 EUR m (+7.0 %)

Net results 227.0 EUR m (+2.3 %)

Credit RatingMoody’s: A1, stable

Standard & Poor’s: A, stable