October 2006

With shareholdings across its municipal utility network, MVV Energie AG pools its internal services at five joint subsidiaries with effect from 1 October 2006. These shared service companies operate under the umbrella brand "24/7"- 24/7 Netze GmbH, Mannheim, 24/7 IT-Services GmbH, Kiel, 24/7 Metering GmbH, Offenbach,
24/7 United Billing GmbH, Offenbach, and 24/7 Trading GmbH, Mannheim. A further shared service company, 24/7 Insurance Services GmbH, Mannheim, is founded on 1 July 2007.

MVV Energiedienstleistungen GmbH acquires a 100% stake in Industriepark Gersthofen Servicegesellschaft mbH & Co. KG (IGS) as of 1 October 2006. At its location in Gersthofen near Augsburg, IGS provides the full range of utility supply and infrastructure services to twelve companies.

November 2006

Preparations continue at full steam for the vacation of the head office building of MVV Energie AG in Mannheim. To enable the extensive renovation work necessary on the building to be carried out, around 500 employees have to move from the 15-storey highrise building on Luisenring, now 40 years old, into another office building. The refurbishment is expected to be completed in spring 2008.

December 2006

MVV Energie AG acquires a 70% majority shareholding in the Czech district heating company Teplárna Liberec and in three further district heating systems in neighbouring towns. This will enable our group of companies to increase its annual sales in this target market by around half.

MVV Energie AG successfully acquires a major Electricity Fund customer, namely the Metro Group. Starting in 2008, electricity will be supplied to a total of 370 of the Metro Group's locations in Germany. The supply agreement has a sales volume of approximately Euro 56 million per annum. With around 270,000 employees, the Metro Group is the world's third-largest retailer.

January 2007

The waste incineration agreements in place with the Rhine/Neckar Waste Association (ZARN), a special purpose association including the cities of Mannheim and Heidelberg, as well as the Rhine/Neckar District, are amended in line with market developments, with incineration prices being reduced from January 2007. The new waste incineration agreements are set to run until 2012.

February 2007

MVV Energiedienstleistungen GmbH acquires 51% of the limited shares in WGB Wärme GmbH&Co. KG Berlin and 51% of the business shares in its general partner, WGB Wärme Beteiligungs GmbH Berlin. Following the acquisition of these stakes and the previous acquisition of IVB Immobilien Versorgung GmbH Berlin (now
MVV Energiedienstleistungen GmbH Berlin) in March 2006, MVV Energiedienstleistungen GmbH is now the market leader in the regional district heating contracting business in Berlin, supplying 70,000 residential units in total.

March 2007

The Annual General Meeting of MVV Energie AG held on 9 March 2007 supports the proposal made by the Executive and Supervisory Boards and resolves to increase the dividend paid for the 2005/06 financial year from Euro 0.75 to Euro 0.80 per share in view of the company's improved operating earnings power.

April 2007

On 17 April 2007, the Supervisory Board of MVV Energie AG appoints Matthias Brückmann to the Executive Board as Director of Sales. Having chaired the Executive Board of the subsidiary Energieversorgung Offenbach AG (EVO) since 2003, Matthias Brückmann assumes his new responsibilities as of 1 August 2007.

May 2007

At its location in Mannheim, MVV Umwelt GmbH takes over Biomasse Handelsgesellschaft (BHG), a biomass trading company also based in Mannheim in which MVV Umwelt GmbH has already held a stake since 2002, in full. Already established in the disposal market, BHG will provide MVV Umwelt GmbH with additional scope in the waste market and further optimise the company's materials flow management in terms of fuel quality and customer access. The company's proprietary sorting and preparation facility capacities thus rise to
270,000 tonnes per annum.

June 2007

At a special meeting held on 12 June 2007, Mannheim City Council approves the sale of a 16.1% shareholding in MVV Energie AG to RheinEnergie AG, Cologne, for around Euro 300 million. Following the disposal of its 16.1% stake, the City of Mannheim will participate in the capital increase at MVV Energie AG announced previously and will remain majority shareholder with a 50.1% stake.

July 2007

Gas trading is launched on the EEX energy exchange in Leipzig on 1 July 2007. 24/7 Trading GmbH is one of the very first participants, concluding a deal for natural gas products on 2 July already.In its largest single sponsoring measure, MVV Energie AG will be supporting the record-holding German ice hockey team,
Adler Mannheim. The partnership is sealed on 17 July 2007 with the signing of a five-year agreement with these sporting heroes in the Rhine/Neckar metropolitan region.

August 2007

At its meeting on 9 August 2007, the Supervisory Board of MVV Energie AG appoints the new Lord High Mayor of Mannheim, Dr. Peter Kurz, as its Chairman and thus as successor to the outgoing Lord High Mayor, Gerhard Widder. The Articles of Association require the Lord High Mayor of the City of Mannheim to be a member of the Supervisory Board of MVV Energie AG.

September 2007

Following only 19 month of construction, MVV Umwelt GmbH, a whollyowned subsidiary of MVV Energie AG, officially launches operations at the second line of its non-recyclable waste incineration plant at its Leuna location in Sachsen-Anhalt (Leuna II). Acceleration measures enable the building time to be cut by around three months. The launch of operations at Leuna II will raise incineration capacities at the Leuna location to almost 400,000 tonnes per annum.

The structured energy procurement concept successfully asserts itself on the energy markets. MVV Energie AG and five of its subsidiaries (Kiel, Offenbach, Ingolstadt, Köthen and Buchen) now offer their Electricity Fund on a nationwide basis. Following 64 customers in 2005, when the product was launched, 342 companies already benefit during the year under report from the advantages of our product and the expertise of our electricity fund managers. The number of field sales employees at the MVV Energie Group more than doubles to 14 by the end of the 2006/2007 financial year. With its Electricity Fund, the MVV Energie Group now provides commercial and industrial companies with annual consumption of more than 300,000 kilowatt hours with access to the wholesale market. Previously, the minimum annual electricity volume amounted to 500,000 kilowatt hours.