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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Brigitte Lambertz +49 201 1215599
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RWE Aktiengesellschaft

RWE sells licence interest in "Edvard Grieg"

(PresseBox) (Essen, )
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- 20% share in Norwegian development licence goes to OMV
- Important step in RWE's disposal program

RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the "Edvard Grieg" development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent payment of up to € 35 million based on achievement of certain operational milestones. The disposal of RWE Dea's stake in "Edvard Grieg" (PL338)represents further progress to create significant tsavcgobo jqnwjwsk dcy SEE.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.