Divestment of stakes in Nordkraft and Salten Kraftsamband has been approved (Denmark)

On June 24 2010 DONG Energy announced an agreement to sell its ownership interests in Nordkraft and Salten Kraftsamband, two energy companies based in northern Norway, to a company in the Troms Kraft Group

The transaction has now been approved by the Ministry of Petroleum and Energy in Norway and is expected to be finalized in the fourth quarter of 2010.

The information provided in this announcement will not change DONG Energy’s previous financial guidance for the financial year 2010 or the expected investment level.

About DONG Energy

DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,000 employees and generated just under DKK 50 billion (EUR 6.6 billion) in revenue in 2009.

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Source: dongenergy,October 12, 2010