Chief Technical Officer Dr. Zimmer wants independent review of business activities with Russian partners / Dr. Zimmer resigns of own volition from Board of Management

Karlsruhe. EnBW Energie Baden-Württemberg AG already announced on 9 February 2010 that it had initiated a review of all aspects of contracts and business activities relating to the supply of fuels, the dismantling work at Obrigheim nuclear power plant, the setting up of a nuclear materials monitoring system and the relevant project studies. The matter relates to the provision of contractually agreed services by Russian business partners.

These agreements did not affect the compliance of fuel supplies with safety standards at any time. The fuel rods used in EnBW’s nuclear power plants meet in all respects the respective statutory requirements and the approved specifications. They are subject to quality management and have been examined on behalf of the government authorities.

As the contractually agreed services had not yet been rendered, EnBW recorded as a precaution impairment losses and write-downs of some € 130 million in 2009. EnBW also announced this on 9 February 2010.

In order to avoid any impression that the review of the agreements and business activities might not be independent, EnBW’s CTO, Dr. Hans-Josef Zimmer offered EnBW’s Supervisory Board his voluntary resignation from the Board of Management and from the Supervisory Boards of EnBW's subsidiaries EnBW Kraftwerke AG and EnBW Kernkraft GmbH, effective as of 20 July 2010.

The Supervisory Board saw the offer as an exceedingly respectable gesture and an expression of Dr. Zimmer’s integrity.

The Supervisory Board has accepted Dr. Zimmer’s offer. Nevertheless, the Supervisory Board would like to retain Dr. Zimmer’s proven specialist expertise in the field of technology within the group.

In the next few days, the Supervisory Board will therefore offer Dr. Zimmer a contract as a high-ranking manager with an extensive remit in the field of technology. The technology portfolio of the Board of Management will remain vacant for the time being.

The Supervisory Board continues to monitor the ongoing reviews and intends to evaluate the results in the very near future.