EDF and EnBW joint investors in a plan for by kqz32091


									                                                                                                                           Paris, 31th May 2007

                                                                    EDF and EnBW joint investors in a plan
                                                                    for natural gas storage facility in

                                   EDF and German energy company EnBW, 45%-owned by EDF, have each signed an
                                   agreement with the German company, IVG Immobilien, for the storage of natural gas, at
                                   Etzel close to the North Sea, from 2010 onward.

                                   Under these agreements, EDF and EnBW will have access to underground salt caverns
                                   with a storage capacity of 400 million m3 for a 35-year term.

                                   EDF and EnBW will manage the project to build a gas compression facility close to the
                                   storage site, whose construction and maintenance is entrusted to IVG Immobilien.

                                   EDF and EnBW will also become members of the consortium building the 56 kilometre
                                   gas pipeline connecting the Etzel storage site to the Dutch natural gas transport network.

                                   This joint EDF and EnBW agreement is an important step forward in EDF Group's
                                   strategic development as a gas player in North-Western Europe.

                                   The EDF Group, one of the leaders in the energy market in Europe, is an energy specialist that is active in all
                                   the businesses of electricity: production, transport, distribution, energy supply and trading. The Group is the
                                   leading electricity producer in Europe. In France, it has mainly nuclear and hydraulic production facilities where
                                   95% of the electricity output involves no CO2 emissions. EDF operates over 1,200,000 km of low and medium
                                   voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage
                                   networks. The Group is involved in supplying energy and services to close to 40 million customers around the
                                   world, including more than 28 million in France. The Group generated consolidated sales of € 58.9 billion in
                                   2006, of which 42% in Europe excluding France. Net income (Group share) stood at € 5.6 billion, with net
                                   income from ordinary operations at € 4.2 billion. EDF is listed on the Paris Stock Exchange and is a member of
                                   the CAC 40 index.

                                   EnBW (Energie Baden- Württemberg AG), with some six million customers, with its headquarters in Karlsruhe,
                                   is the third largest energy company in Germany. In 2006, EnBW generated annual revenue in excess of € 13
                                   billion with more than 20,000 employees. The core activities focus on the segments electricity, gas as well as
                                   energy and environmental services.

                                   IVG Immobilien AG is one of the largest listed real estate companies in Europe. Through its division IVG
                                   Kavernen Gmbh, is one of the leading operators of salt caverns, facilities and pipelines. IVG possesses
                                   extensive expertise acquired from the operation of 40 caverns already existing in Etzel. The expansion potential
                                   includes 65 further caverns to be built within the next 10 years.

                                   Press Contact : Agnes Nemes                   +33 1 40 42 44 19 / +33 1 40 42 22 22

Direction Médias Groupe
22-30, avenue de Wagram
75382 Paris cedex 08
EDF SA au capital de 911 085 545 euros – 552 081 317 R.C.S. Paris

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