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| IR Press Release

EnBW pays out dividend of Euro 0.66 per share

EnBW Annual General Meeting
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Total dividend payout of Euro 145.9 million for fiscal 2002

Karlsruhe. At the AGM, the shareholders of EnBW Energie Baden-Württemberg AG decided to use the balance sheet profit for fiscal 2002 totalling Euro 145.9 million to pay out a dividend. As a result, each shareholder will receive Euro 0.66 per no-par value share with dividend entitlement. The dividend per share is therefore at the same level as in fiscal 2001.

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Corporate Communications
EnBW Energie Baden-Württemberg AG
Durlacher Allee 93
76131 Karlsruhe
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