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Sales growth due to Leuna II

Sales in the environmental energy segment rose year-on-year by 5% to Euro 194 million. The price-driven decline in waste revenues was more than offset, especially by initial sales at the second incineration line at the energy from waste plant in Leuna (Leuna II), where operations commenced in September 2007.

Of total segment sales for the 2007/08 financial year, Euro 157 million was attributable to the incineration of waste at our locations in Mannheim, Offenbach and Leuna (previous year: Euro 151 million). We more than compensated for the reduction in prices with higher sales on increased volumes of waste. We generated sales of Euro 37 million in the energy business, i. e. from steam and electricity generation (previous year:
Euro 33 million). Of this total, Euro 30 million related to the waste timber power plants in Mannheim and Königs Wusterhausen (previous year: Euro 28 million) and Euro 7 million to energy generated at energy from waste plants (previous year: Euro 5 million). The increase in sales in the energy business was driven by both volumes and prices.