E.ON suspends operation of its oldest nuclear power station Isar-1

Helping to bring about a more objective debate during the moratorium

E.ON is suspending the operation of its oldest nuclear power station Isar-1 for the duration of the German government’s moratorium. Preparations have already been started to take the reactor into a safe non-operational condition. The process will be carried out in the coming days in agreement with the relevant authorities. E.ON regards this as a contribution to a more objective debate on nuclear energy. "Even though the nuclear power station Isar-1is not directly affected by the moratorium at the current time, we have decided to suspend the operation of E.ON’s oldest reactor for the duration of the moratorium. We want to make it easier, not least for the relevant Bavarian supervisory authorities, to perform an open and critical assessment," said E.ON CEO Johannes Teyssen. He added that there were no new safety assessments leading to the reactor being put in a standstill condition. Isar-1 fully complies with all high security standards.

"We understand the German public’s concern and the political debate on the developments in Japan," Mr. Teyssen said. "At present there are no doubts at all about the comprehensive safety of our nuclear plants, including Isar-1. But we will participate actively in the necessary analysis and discussion of the lessons taught by, and conclusions to be drawn from, the events in Japan," Mr. Teyssen stated.

He viewed the moratorium proposed by Chancellor Merkel and the establishment of an expert panel as the right way to analyze the situation and discuss the consequences with due care and speed. "We will fully support these investigations with our nuclear knowhow and our wide-ranging operating experience," Mr. Teyssen added.

"Our deep sympathy goes to the people affected by the earthquake and the dramatic events connected with the Fukushima nuclear power station in Japan," Mr. Teyssen stressed, pointing out that E.ON had already offered substantial expert assistance on Saturday via the German government.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON AG does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.