RWE Aktiengesellschaft / Key word(s): Restructure of Company/IPO 01.12.2015 13:03 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- * The Executive Board of RWE AG resolves - subject to the outstanding approval of the Supervisory Board - the pooling of the renewable energy, grids and retail business areas in Germany and abroad in a new subsidiary * 10% of the new subsidiary are to be placed via an IPO in connection with a capital increase The Executive Board of RWE AG has resolved on the pooling of the renewable energy, grids and retail business areas in Germany and abroad in a new subsidiary and the placement of approximately 10% of the new subsidiary by way of an initial public offering in connection with a capital increase which is expected to take place at the end of 2016. At the same or later point in time, additional stakes may be disposed. By transferring these business areas to the new subsidiary, RWE AG will create new financing and additional growth opportunities for the activities pooled in the subsidiary. The restructuring will not change the assets at RWE AG's disposal to meet its financial commitments. The whole transaction is subject to the approval of the Supervisory Board which is expected to decide in its meeting on 11 December 2015. 01.12.2015 The DGAP 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: RWE Aktiengesellschaft Opernplatz 1 45128 Essen Germany Phone: +49 (0)201-12-15025 Fax: +49 (0)201-12-15265 E-mail: [email protected] Internet: www.rwe.com ISIN: DE0007037129, DE0007037145, , Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations /anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblic k/, aufgelistet., WKN: 703712, 703714, , Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet. Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX; Luxemburg End of Announcement DGAP News-Service ---------------------------------------------------------------------------