Satisfactory results for the year

Overall, the Alpiq Group is satisfied with the results for 2009. In a challenging environment, Alpiq performed above expectations. This solid operating performance was driven by the exceptionally high availability of our power stations, successful sales and energy services operations, and good trading performance.

In the medium term, the merger between Atel and EOS to form Alpiq will generate additional business and growth opportunities for the company. Nevertheless, 2010 will be another challenging year. Alpiq expects to post a slight drop in consolidated revenue and results on a par with 2009. During 2010, Alpiq is aiming to further enhance efficiency and will continue to leverage synergies consistently.