E.ON Energy Trading up and running

at the Central European Gas Hub

E.ON Energy Trading today announced that it has formally registered to trade at
the Vienna-based Central European Gas Hub (CEGH).

The move supports E.ON Energy Trading’s ongoing strategy of expanding its gas
trading activity in Central and Eastern Europe in an effort to improve market access
and encourage the development of more integrated, efficient and liquid gas
markets throughout the region.

Ingolf Hoven, director of gas and oil trading for E.ON Energy Trading, said: “Strategically,
CEGH is very important because it provides an ideal international marketplace
to connect Central and Eastern Europe with the rest of the continent.
Emerging markets, such as Hungary, Czech Republic, Slovakia and Romania, can
be linked to Western European markets such as Germany, via the NCG (Net Connect
Germany) hub, and Italy, via the PSV (Punti di Scambio Virtuale) hub.”

“Over the last few years CEGH has grown steadily and we see a great deal of potential
at the hub, especially with the planned launch of a new intraday gas exchange
later this year. The development of more efficient trading at hubs such as
CEGH will enable greater interconnection between national and regional gas
markets. This interconnection will create a better foundation for more liquid trading
across Europe, which in the long run will help to increase the security of gas supplies for customers.”

E.ON Energy Trading, one of the leading asset-backed trading businesses in
Europe, traded 938 billion kWh of gas in 2008. The company is active at major gas
trading hubs throughout the continent and acts as market maker at the NCG,
Germany’s virtual trading hub, which over the last three years has been one of the
most dynamically developing hubs in Europe.

Notes to editors:
  • E.ON Energy Trading is the European trading business of E.ON, one of the
    world's largest investor-owned power and gas companies. As a single, strategically
    focused European business, we draw on our international strength and
    industry expertise to play a leading role in Europe’s energy markets. We work
    across national borders in all key energy markets including power, gas, coal,
    oil and CO2;
  • Through our trading activities, we enhance the value of E.ON’s asset base,
    minimize the commodity risk of E.ON’s power generation activities, and look
    for ways to take advantage of Europe’s converging markets to add value for
    E.ON and its consumers.


For more information contact:
Jamee Majid on +49 (0) 211 73275 2307
Georg Oppermann on +49 (0) 211 73275 2306