Essen, 08 September 2005This pressinformation is more than two years old

Personnel: Jeremy Pelczer to succeed Bill Alexander as CEO of
RWE Thames Water

Bill Alexander, CEO of RWE Thames Water plc, will retire at the end of November 2005. The RWE AG Executive Board has named Jeremy Pelczer, the current CEO of American Water, to succeed Bill Alexander at that time. Jeremy Pelczer will remain the CEO of American Water, the RWE Thames Water subsidiary that is the largest water services provider in North America, until a successor for that position has been appointed.

In his new role, Jeremy Pelczer will head RWE Thames Water, the world’s third largest water company. With more than 17,000 employees, RWE Thames Water today is a leading specialist in water and wastewater services, offering some 70 million customers high quality, reliable water services. Jeremy Pelczer joined the UK-based company in 1996 and has held various positions within the company. He has also been a major contributor to RWE Thames Water’s international growth.

Bill Alexander and Jeremy Pelczer
Bill Alexander and Jeremy Pelczer

The RWE AG Executive Board extends its sincere appreciation and thanks to Bill Alexander for his significant contribution to the RWE Group and the global water industry. Among his career highlights are the successful integration of Thames Water into the RWE Group, as well as the completion of the acquisition of American Water in 2003. The RWE AG Executive Board is also pleased to announce that Bill Alexander will remain the Chairman of the International Advisory Council of RWE Thames Water until the end of 2008.

Bill Alexander joined Thames Water as Engineering Director in 1989 and was appointed Managing Director of Thames Water Utilities in 1992. In November 2000, following the acquisition of Thames Water by RWE AG, he became the CEO of the Water Division of RWE and later became a member of the RWE Group Business Committee.

Please contact our Investor Relations Team with any questions that you may have:

RWE Aktiengesellschaft
Investor Relations
Altenessener Straße 27
45141 Essen

T +49 (0) 201-5179-3112
RWE Aktiengesellschaft
Investor Relations
London Office
c/o RWE Supply & Trading
60 Threadneedle Street
London EC2R 8HP
United Kingdom
T +44 (0) 20 7015 5459
: This pressinformation is more than two years old