Essen, 20 January 2011This pressinformation is more than two years old

GDF SUEZ, RWE and Iberdrola have decided not to continue to participate in the Cernavoda nuclear project in Romania

Since 2008, GDF SUEZ, RWE and Iberdrola, among other international investors, have been partners with SN Nuclearelectrica for the development of units 3 and 4 of the Cernavoda power plant.

Economic and market uncertainties surrounding this project, related for the most part to the present financial crisis, are not reconcilable now with the capital requirements of a new nuclear power project.

Consequently, pursuant to their respective investment policies, GDF SUEZ, RWE and Iberdrola have decided, not to continue their participation in the project.

This decision does not reflect on the technical quality of the project, recently recognized by the European Commission, nor on the commitment of GDF SUEZ, RWE and Iberdrola to the development of the Romanian energy market.

GDF SUEZ, RWE and Iberdrola will furthermore pursue their commitment to develop new nuclear power projects abroad.

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