DGAP-Adhoc: RWE AG: RWE sets offer price and subscription price of capital measure

RWE AG  / Key word(s): Corporate Action

06.12.2011 10:21

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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THIS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT BEING ISSUED AND
MAY NOT BE DISTRIBUTED IN THE UNITED STATES OF AMERICA, CANADA, JAPAN OR
AUSTRALIA.

RWE Aktiengesellschaft has determined the offer price for the accelerated
bookbuilding of shares from the capital measure decided upon yesterday and
the subscription price at EUR 26.00.

All shares offered were placed with institutional investors by way of an
accelerated bookbuilding procedure. 52,340,499 new shares were allocated
excluding shareholders' subscription rights. 28,105,327 treasury shares
were placed with institutional investors subject to the exercise of
subscription rights by existing shareholders ('claw-back').

As a result of the capital measure, RWE will receive gross issuing proceeds
of around EUR 2.1 billion. The placement is an important part of an overall
package to strengthen the capital base and thus create leeway for future
growth.

Delivery to investors of the 52,340,499 new shares issued as part of the
accelerated placement is expected to take place on 8 December 2011. The
28,105,327 treasury shares purchased in the subscription offer and placed
subject to potential claw-back are expected to be delivered on 23 December
2011.

Further information will be published in accordance with legal
requirements.

RWE Aktiengesellschaft

Executive Board


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Information and Explaination of the Issuer to this News:

This release does not constitute a public offer of securities in Germany.
This release does not constitute an offer to sell securities, or a
solicitation of an offer to buy securities, in the United States of America
or in any other jurisdiction to any person to whom it is unlawful to make
such offer or solicitation in such jurisdiction. Securities may not be
offered or sold in the United States of America absent regis¬tration or an
exemption from registration under the U.S. Securities Act of 1933, as
amended (the 'Securities Act'). The securities of RWE Aktiengesellschaft
described herein have not been and will not be registered under the
Securities Act, or the laws of any State, and may not be offered or sold
within the United States, except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the Securities
Act and applicable State laws. RWE Aktiengesellschaft does not intend to
register any portion of the offering in the United States or conduct a
public offering of securities in the United States.

06.12.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      RWE AG
              Opernplatz 1
              45128 Essen
              Germany
Phone:        +49 (0)201-12-15025
Fax:          +49 (0)201-12-15265
E-mail:       invest@rwe.com
Internet:     www.rwe.com
ISIN:         DE0007037129, DE0007037145
WKN:          703712, 703714
Listed:       Regulierter Markt in Düsseldorf, Frankfurt (Prime Standard);
              Freiverkehr in Berlin, Hamburg, Hannover, München, Stuttgart;
              Terminbörse EUREX
 
End of Announcement                             DGAP News-Service
 
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