DGAP-News: Verbund AG

DGAP-News: Verbund AG: segment reporting changes as of quarter 1/2016 (news with additional features)

DGAP-News: VERBUND AG / Key word(s): Miscellaneous VERBUND AG: segment reporting changes as of quarter 1/2016 (news with additional features)

19.04.2016 / 15:01 The issuer is solely responsible for the content of this announcement.

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VERBUND AG hereby announces upcoming changes to segment reporting which will be first published on 4 May 2016 in the interim report covering quarter 1/2016.

Background and details of the changes: VERBUND has substantially restructured the organisation of Group management. As of quarter 1/2016, internal segment performance is measured primarily on the basis of EBITDA. Since quarter 1/2016, the Group Executive Board also measures performance at the segment level, categorised as follows: Renewable generation, Sales, Grid, Energy services, Thermal generation, Services and Equity interests.

The generation technologies of hydropower, wind and photovoltaics are bundled under the Renewable generation segment. The Sales segment comprises all trading and sales activities, and the Grid segment comprises all activities of Austrian Power Grid AG. The new services for the electricity market of the future are reported in the Energy services segment. Electricity and heat generation from the fuels coal and gas are reported under the Thermal generation segment. The primarily intra-Group business activities of VERBUND Services GmbH are reported under the Services segment. Those interests accounted for using the equity method not assigned to any other segment are reported under the Equity interests segment. This is currently only the equity interest in KELAG-Kärntner Elektrizitäts-Aktiengesellschaft.

The Energy services, Thermal generation, Services and Equity interests segments are summarised in the category "All other segments" because they fall below the quantitative thresholds. The column "Reconciliation/consolidation" includes the activities of VERBUND AG and VERBUND Finanzierungsservice GmbH as well as non-consolidated equity interests that cannot be assigned to a segment and consolidation at the Group level.

Segment information from the previous year has been adjusted to reflect this revised segment structure.

The enclosed figures represent pro forma figures for quarter 1/2015 and financial year 2015 and are unaudited. Adjustments to the final figures are possible.

This press release along with the pro forma figures are available on our website at www.verbund.com > Investor Relations.

Contact: Andreas Wollein Head of Group Finance and Investor Relations T.: +43 (0)5 03 13 - 52604 F.: +43 (0)5 03 13 - 52694 mailto:investor@verbund.com

+++++ Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=NVVFPXLSPD Document title: VERBUND segments 2015

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19.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Language: English Company: VERBUND AG Am Hof 6A 1010 Wien Austria Phone: 0043-1-53113-52616 Fax: 0043-1-53113-52694 E-mail: investor@verbund.com Internet: www.verbund.com ISIN: AT0000746409 WKN: 877738 Indices: ATX Listed: Foreign Exchange(s) Wien (Amtlicher Handel / Official Market) End of News DGAP News Service ---------------------------------------------------------------------------

455539 19.04.2016