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RWE AG Pressemitteilung Antitrust law does not justify rejection of Saar Ferngas takeover Essen, 15.03.2007, RWE AG - Decision by Federal Cartel Office hampers competitive development of the gas market - Disadvantages for Saarland and Rhineland Palatinate RWE regrets the decision by the German Federal Cartel Office to reject the takeover of Saar Ferngas by RWE. This decision is incomprehensible for the company. RWE had indicated to the German Federal Cartel Office in a last step that it would offer compensations that go far beyond what is common practice. The regions of Saarland and Rhineland Palatinate would have derived considerable benefits from the acquisition of Saar Ferngas. RWE would have further developed Saar Ferngas’s service provisions to municipal and industrial customers in the region. This move would have provided important momentum for the economy in the area and would have provided a significant impetus for competition on the German gas market, which has considerable potential for development. However, the rejection by the Cartel Office weakens the development of competition of the German gas market, which has so far been shaped by the dominance of other competitors. Against this background, RWE is unable to understand the rationale behind this decision – especially from an antitrust perspective. In view of the increasing demand for gas across Europe, RWE is committed to pursuing its goal of continuing to further expand the gas business. This expansion strategy includes the following projects: Construction of the Sayda-Werne pipeline (760 km pipeline from the Czech border through Germany to Belgium) - LNG (business with liquefied gas not bound to pipelines) - Reduction of gas market areas - Development of a liquid gas wholesale market