MVV Energie AG

ots Ad hoc-Service: MVV Energie AG Impressive Corporate Growth of MVV Energie AG through New Participations

Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement. ----------------------------------------------------- Mannheim (ots Ad hoc-Service) - EBIT Grows 34% in 1st Quarter 2000/01 MVV Energie AG significantly improved its volume, sales and EBIT in the first quarter of fiscal year 2000/01 despite unusually milder weather conditions compared to last year. Sales increased by 67% compared to last year to DM 548 million. Earnings before interest, taxes and depreciation (EBITDA) improved by 43%. Earnings before interest and taxes (EBIT) were up 34% to DM 68 million. Earnings after taxes rose 15% to approx. DM 26 million. Cash flow grew 39% to DM 69 million. This healthy corporate growth was based mainly on participations that were consolidated for the first time, particularly Energieversorgung Offenbach AG (EVO). Without taking the participations into account, sales increased by 17% to approx. DM 375 million and EBIT by 4% to approx. DM 53 million. Contact: MVV Energie AG Investor Relations Luisenring 49 68159 Mannheim Tel. +49(0)621-290-2392 Fax +49(0)621-290-3075 E-Mail: Internet: End ----------------------------------------------------- Internet: Original-Content von: MVV Energie AG, übermittelt durch news aktuell

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