Employee Shareholding

In 2007, E.ON increased its adjusted EBIT by ten percent to EUR9.2 billion. E.ON shares rose significantly in 2007. It is our intention to allow employees to share in this success. That is why we not only offer them fair pay which takes performance into account, but also give them the chance to acquire shares in the company.

As part of the Employee Stock Purchase Plan, employees in Germany can acquire packages of ten, 20 or more E.ON shares at a preferential price. The stocks are subsidized by markdowns. The E.ON Employee Share Program once again got great feedback in 2007: in 2007 22,184 E.ON employees acquired 373,905 shares in total. At 59 percent, the participation rate once again increased compared to the previous year (54 percent).

The Employee Stock Purchase Plan is part of the E.ON Investment Plan. It is a means of building up savings and making provisions for retirement. To let employees participate more in the company success a groups works agreement to adjust the "Groups Works Agreement on the Realignment of the E.ON Investment Plan" was concluded in 2007.

Under Share Incentive Plans employees in the UK can also purchase stock out of their pre-tax-salary. As of December 31, 2007, 5,565 employees were participating in the plans. In 2007, participants purchased 70,867 partnership shares and received 86,199 matching shares under the plans.