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October 2005

Commencement of operations at the waste-to energy plant in Leuna following a construction period of only 20 months. The ground-breaking ceremony is held at the same time for a second, identical plant due to commence operations in the summer of 2007.

The World Bank awards MVV Consulting GmbH the largest single contract awarded by the bank to a German consulting company in recent years. The consulting assignment for the Afghan Ministry of Energy and Water has a subsidised volume of US$ 11 million and is scheduled to be completed by the end of 2008.

By founding Stadtwerke Solingen Netz GmbH, our Stadtwerke Solingen GmbH shareholding implements the unbundling requirements set out in the amended German Energy Act (EnWG) in good time.

November 2005

The previously announced capital increase is successfully executed on 15 November 2006. The issue of
5 million new shares leads the share capital of MVV Energie AG to increase by a nominal amount of
Euro 12.8 million to Euro 142.6 million.

December 2005

The Annual Report of the MVV Energie Group for the 2004/05 financial year is published on the internet on 30 December 2005 and thus within fewer than three months of the end of the year under report.

January 2006

MVV Energie AG launches its “Optimisation of Operating Processes” project at its technical facility management division. The new competitive structure is set to be implemented as of 1 January 2007. The aim is to become the leading technical service provider for the supply of energy and water in the region.

February 2006

With the publication of its interim report for the 1st quarter of 2005/06, the MVV Energie Group affirms the increase in its sales and earnings forecast for the 2005/06 financial year announced at the end of January 2006.

March 2006

The supervisory bodies of Continental AG and MVV Energie AG agree a major contracting project. The operating company MVV Industriekraftwerk Korbach GmbH & Co. KG is to build an industrial power plant based on alternative fuels at the production location operated by the world’s fourth-largest tyre producer in Korbach. This plant is due to supply the location, which has 3,000 employees, with process steam and electricity from mid-2008 onwards (investment volume: around Euro 30 million). The necessary agreements between Continental AG and the operating company were signed on 4 October 2006.

MVV Energiedienstleistungen GmbH acquires IVB Immobilien Versorgung GmbH Berlin, one of the most important providers of district heating services in Berlin, thus marking its successful entry into the housing sector contracting business.

April 2006

MVV Energie AG uses the rapid decline in CO2 certificate prices at the end of April/beginning of May 2006 as an opportunity for a major sales success. In just under two weeks it succeeds in procuring more than 2.5 billion kWh of electricity for industrial and business customers at favourable conditions. This electricity will be supplied in 2007 and 2008.

New computer programmes enabling status and forward-looking simulation calculations to be undertaken are integrated into the central control room of MVV Energie AG. This enables the company to improve the operations management of its 500 kilometres of district heating grid. Mannheim’s district heating supply is among the largest in Germany and Europe.

May 2006

The spin-off of the energy-related services division to MVV Energiedienstleistungen GmbH approved by the 2006 Annual General Meeting of MVV Energie AG is entered in the Commercial Register on 25 May 2006.

MVV Energiedienstleistungen GmbH and the German subsidiary of the world’s leading company for consumption-based energy and water invoicing, ista International GmbH, agree to cooperate in the rapidly growing housing sector services market.

MVV Consulting GmbH is awarded a major consulting order in Rumania involving the modernisation and expansion of the drinking water supply and wastewater disposal. The order has a volume of Euro 3 million.

June 2006

The Supervisory Boards of MVV Energie AG and Energieversorgung Offenbach AG (EVO) approve the establishment of a joint grid company as of 1 October 2006. This new company, which operates a total grid length of some 11,000 kilometres, will have around 120 employees from MVV Energie AG and EVO.

Work begins on the construction of the third gas cavern at Stadtwerke Kiel. The drilling stage of this
Euro 29 million investment project was completed before the end of the year under report.

MVV Energie AG converts its shares from bearer shares into registered shares on 20 June 2006.

July 2006

Launch of large-scale image campaign by MVV Energie AG in Mannheim and the Rhine/Neckar metropolitan region.

MVV Energie AG acquires a 10% shareholding in Stadtwerke Schwetzingen GmbH & Co. KG.

Köthen Energie GmbH builds a direct and storage pipeline to the grid of the ONTRAS – VNG Gastransport GmbH grid company. It is thus directly connected to the integrated European grid.

August 2006

MVV Energiedienstleistungen GmbH signs the purchase agreement for the acquisition of 100% of the shares in Industriepark Gersthofen Servicegesellschaft mbH & Co. KG (IGS). Located in Gersthofen near Augsburg, IGS provides all utility supply and infrastructure services to the companies in the business park, in most cases chemicals companies.

September 2006

All management and supervisory bodies of the MVV Energie Group approve the establishment of five jointly owned subsidiaries (shared service companies) as of 1 October 2006. This provides the cooperation within the Group in the areas of grids, invoicing, information technology, metering and energy trading with an entirely new foundation.