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14.02.2005

EIC Electricity SA ("EIC") announces that it has, based on
pre-emptive rights under a shareholders’ agreement, sold its 44,6%
participation in the German multi-site power supplier Ensys AG,
Frankfurt, to the management of the company on February 11, 2005. The
participation has been sold at Euro 6’025’000, representing a small
premium to book value. Compared to the original investment cost of
Euro 2,3 million the investment has yielded a gross annualized return
of approximately 25%.

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Daniel Sauter
+41 79 340 60 40

Branche: Strom
ISIN: CH0007162958
WKN: 940179
Index: Investment Index (IGSP)
Börsen: Frankfurter Wertpapierbörse / Amtlicher Markt
SWX Swiss Exchange / Amtlicher Markt