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DGAP-Adhoc: EVN AG: EVN plans to implement a share buyback programme

January 16, 2014

EVN AG / Key word(s): Share Buyback 16.01.2014 17:16 Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- On 16 January 2014 , the Executive Board of EVN AG has decided based on an authorising resolution of the 85th Annual General Meeting of the shareholders of the EVN AG , held on 16 January 2014 , in accordance with 65 (1) line 8 of the Austrian Stock Corporation Act, to acquire its own zero par value bearer shares in the company. It is intended to buy back up to 1,000,000 shares, representing up to 0.556% of the current share capital, on the Vienna Stock Exchange . The share buyback is primarily designed to improve the supply and demand of the EVN share on the Vienna Stock Exchange . Trading with own shares for profit-making purposes is excluded. The share buyback programme will begin on 22 January 2014 and end on 30 September 2014 at the latest. Details on the share buyback programme pursuant to 5 (2) Austrian Disclosure Regulation 2002: 1. The day on which the resolution authorising the share buyback programme was approved by the Annual General Meeting was 16 January 2014 . 2. The day on which the announcement of the resolution passed by the Annual General Meeting authorising the share buyback programme pursuant to 82 (8) Austrian Stock Exchange Act was 16 January 2014 . 3. The share buyback programme commences on 22 January 2014 , and is anticipated to continue until 30 September 2014 . 4. The share buyback programme concerns zero par value bearer shares of EVN AG . 5. The intended volume of the repurchase of the company's own shares is up to 1,000,000 shares, which corresponds up to 0.556% of the current share capital of the company. 6. Pursuant to a resolution of the Annual General Meeting, the nominal value to be paid per share has to be in the range of 20% below and 10% above the EVN share price on the last day of trading before the day on which the option to buy back shares is exercised. 7. The buyback programme of own shares will take place on the Vienna Stock Exchange . The main purpose of the share buyback programme is to improve the supply and demand for the EVN share on the Vienna Stock Exchange . Trading with own shares for profit-making purposes is excluded. 8. The share buyback programme will not have an effect on the stock market listing of the issuer. 9. EVN does not offer any stock option programme at present. EVN AG intends to fulfil its disclosure requirements pursuant to 6 and 7 Austrian Disclosure Regulation 2002 by publishing the relevant information on its website at www.investor.evn.at . Maria Enzersdorf, 16 January 2014 LEGAL NOTICE THIS AD-HOC ANNOUNCEMENT CONSTITUTES NEITHER AN OFFER TO SELL NOR A SOLICITATION TO BUY ANY SECURITIES OF EVN AG. THIS AD-HOC ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA AND MUST NOT BE DISTRIBUTED TO U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED ('SECURITIES ACT')) OR TO PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES . THIS AD-HOC ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO PURCHASE ANY SECURITIES IN THE UNITED STATES . THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 16.01.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: EVN AG EVN Platz 2344 Maria Enzersdorf Austria Phone: +43-2236-200-12294 Fax: +43-2236-200-82294 E-mail: info@evn.at Internet: www.evn.at ISIN: AT0000741053 WKN: 074105 Indices: ATX Listed: Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News-Service ---------------------------------------------------------------------------


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Source: DGAP Ad Hoc Disclosures


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